AQR Macro Opportunities N (QGMNX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.80
-0.06 (-0.61%)
Jul 31, 2025, 4:00 PM EDT
-0.61%
Fund Assets471.20M
Expense Ratio1.70%
Min. Investment$1,000,000
Turnover141.00%
Dividend (ttm)0.15
Dividend Yield1.51%
Dividend Growth-83.17%
Payout FrequencyAnnual
Ex-Dividend DateDec 17, 2024
Previous Close9.86
YTD Return4.03%
1-Year Return3.19%
5-Year Return28.78%
52-Week Low9.04
52-Week High10.11
Beta (5Y)n/a
Holdings5807
Inception DateApr 8, 2014

About QGMNX

AQR Macro Opportunities Fund Class N is an alternative mutual fund designed to seek positive absolute returns by investing across a global, multi-asset universe. The fund employs a market-neutral, macro trading strategy that combines both systematic and discretionary approaches, leveraging quantitative models and fundamental macroeconomic analysis. Its investment universe is broad, encompassing global equities, fixed income securities, currencies, and commodities, and the fund takes both long and short positions to capitalize on macroeconomic trends and pricing inefficiencies. The primary objective of the fund is to provide returns with low correlation to traditional asset classes, thereby enhancing portfolio diversification. A distinctive feature is its opportunistic flexibility; it is not confined to any single asset class and actively allocates capital based on prevailing macroeconomic signals, such as growth, inflation, interest rates, and policy trends. The fund also seeks to mitigate systemic risk and may take significant directional positions during periods of market stress. Overall, AQR Macro Opportunities Fund Class N serves as a sophisticated tool for investors seeking exposure to diversified global macro strategies within a risk-managed, liquid framework.

Fund Family AQR Funds
Category Macro Trading
Stock Exchange NASDAQ
Ticker Symbol QGMNX
Share Class Class N
Index ICE BofA US 3-Month T Bill TR IX

Performance

QGMNX had a total return of 3.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.19%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
QGMRXClass R61.35%
QGMIXClass I1.45%

Top 10 Holdings

476.47% of assets
NameSymbolWeight
IRSIM BBR /3.5 AUD0627 Payn/a62.15%
IRSIM BBR /3.5 AUD0627 Payn/a62.15%
IRSIM BBR /3.5 AUD0627 Payn/a62.13%
IRSIM BBR /3.5 AUD0627 Payn/a62.13%
Ois Sofr /3.5% Usd0927n/a42.81%
Ois Sofr /3.5% Usd0927n/a42.81%
IRSIM EURI/2 EUR0627 Payn/a35.58%
IRSIM EURI/2 EUR0627 Payn/a35.58%
IRSIM EURI/2 EUR0627 Payn/a35.56%
IRSIM EURI/2 EUR0627 Payn/a35.56%

Dividend History

Ex-DividendAmountPay Date
Dec 17, 2024$0.14918Dec 18, 2024
Dec 18, 2023$0.88651Dec 19, 2023
Dec 19, 2022$0.78938Dec 20, 2022
Dec 23, 2021$0.1141Dec 27, 2021
Dec 22, 2020$0.0915Dec 23, 2020
Dec 23, 2019$0.0047Dec 24, 2019