AQR Managed Futures Strategy HV I (QMHIX)
| Fund Assets | 710.43M |
| Expense Ratio | 3.87% |
| Min. Investment | $5,000,000 |
| Turnover | 657.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 2.15% |
| Dividend Growth | -67.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 8.98 |
| YTD Return | 8.12% |
| 1-Year Return | 16.04% |
| 5-Year Return | 76.40% |
| 52-Week Low | 7.90 |
| 52-Week High | 9.12 |
| Beta (5Y) | n/a |
| Holdings | 3702 |
| Inception Date | Jul 16, 2013 |
About QMHIX
AQR Managed Futures Strategy HV Fund Class I is an alternative mutual fund designed to deliver absolute returns by systematically trading across a broad spectrum of global asset classes. Its primary objective is to achieve positive returns regardless of market direction by taking both long and short positions in liquid futures and related instruments spanning equities, fixed income, currencies, and commodities. The fund employs proprietary quantitative models that analyze both price and economic trends, enabling it to dynamically adjust exposures based on observed market momentum. This quantitative, rules-based approach aims to eliminate emotional biases from investment decisions and exploit persistent trends driven by behavioral patterns in markets. The fund targets a higher level of volatility than standard managed futures strategies, making it a potential diversifier within a broader investment portfolio. With risk allocation roughly balanced among equities, fixed income, currencies, and commodities, the fund seeks to capture opportunities across diverse economic environments. Its ability to perform in both rising and falling markets positions it as a tool for managing downside risk and adding uncorrelated return sources to traditional stock and bond allocations. Managed by AQR, a global investment firm known for research-driven strategies, this fund plays a specialized role in delivering alternative exposures and systemic diversification for institutional and individual investors alike.
Performance
QMHIX had a total return of 16.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.73%.
Top 10 Holdings
67.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment Fund | n/a | 18.36% |
| United States of America - U.S. Treasury Bills | B.0 09.25.25 | 9.52% |
| United States of America - U.S. Treasury Bills | B.0 11.13.25 | 8.61% |
| United States of America - U.S. Treasury Bills | B.0 09.18.25 | 8.09% |
| United States of America - U.S. Treasury Bills | B.0 10.23.25 | 7.49% |
| United States of America - U.S. Treasury Bills | B.0 10.30.25 | 4.58% |
| United States of America - U.S. Treasury Bills | B.0 10.02.25 | 4.26% |
| United States of America - U.S. Treasury Bills | B.0 08.28.25 | 3.22% |
| Goldman Sachs Financial Square Treasury Instruments Fund | FTIXX | 1.70% |
| United States of America - U.S. Treasury Bills | B.0 10.16.25 | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.19341 | Dec 18, 2024 |
| Dec 18, 2023 | $0.59344 | Dec 19, 2023 |
| Dec 19, 2022 | $0.78024 | Dec 20, 2022 |
| Dec 23, 2021 | $0.6677 | Dec 27, 2021 |
| Dec 22, 2020 | $0.6578 | Dec 23, 2020 |
| Dec 23, 2019 | $0.3192 | Dec 24, 2019 |