AQR Long-Short Equity Fund Class R6 (QLERX)
| Fund Assets | 5.21B |
| Expense Ratio | 5.23% |
| Min. Investment | $50,000,000 |
| Turnover | 362.00% |
| Dividend (ttm) | 1.15 |
| Dividend Yield | 6.12% |
| Dividend Growth | -58.11% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 18.83 |
| YTD Return | 16.63% |
| 1-Year Return | 26.46% |
| 5-Year Return | 200.62% |
| 52-Week Low | 15.25 |
| 52-Week High | 19.04 |
| Beta (5Y) | n/a |
| Holdings | 2653 |
| Inception Date | Sep 2, 2014 |
About QLERX
AQR Long-Short Equity Fund Class R6 is an alternative mutual fund managed by AQR Capital Management, offering investors exposure to a systematic long-short equity strategy. The fund seeks capital appreciation by employing quantitative models to identify stocks globally that are expected to outperform (long positions) and underperform (short positions), using hundreds of proprietary investment signals across sectors and regions. This approach aims to capture both market returns and security selection effects independently, with moderate overall market exposure and a focus on downside risk management. The portfolio is broadly diversified, encompassing a substantial number of long and short positions in companies of various sizes and sectors. The fund actively uses derivatives such as swaps and futures to implement its positions, enhancing flexibility and efficiency. Its performance is typically benchmarked against a blend of the MSCI World Index and short-term Treasury bill indices, reflecting a balance of global equity and cash-like exposures. AQR Long-Short Equity Fund Class R6 is designed for institutional and sophisticated investors seeking systematic, risk-managed participation in global equities beyond traditional long-only strategies.
Performance
QLERX had a total return of 26.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.87%.
Top 10 Holdings
63.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment | n/a | 28.20% |
| US DOLLAR | n/a | 7.62% |
| United States Treasury Bills 0% | B.0 08.07.25 | 4.26% |
| United States Treasury Bills 0% | B.0 08.14.25 | 4.26% |
| United States Treasury Bills 0% | B.0 06.05.25 | 4.00% |
| United States Treasury Bills 0% | B.0 06.20.25 | 3.43% |
| United States Treasury Bills 0% | B.0 08.21.25 | 3.40% |
| United States Treasury Bills 0% | B.0 09.18.25 | 2.69% |
| United States Treasury Bills 0% | B.0 04.10.25 | 2.59% |
| United States Treasury Bills 0% | B.0 07.24.25 | 2.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $1.15307 | Dec 18, 2024 |
| Dec 18, 2023 | $2.7526 | Dec 19, 2023 |
| Dec 19, 2022 | $1.8224 | Dec 20, 2022 |
| Dec 22, 2020 | $0.14742 | Dec 23, 2020 |
| Dec 19, 2018 | $0.66011 | Dec 20, 2018 |
| Dec 20, 2017 | $1.2757 | Dec 21, 2017 |