AQR Managed Futures Strategy HV Fund Class I (QMHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.72
-0.02 (-0.23%)
Jul 25, 2025, 9:30 AM EDT
-0.23%
Fund Assets637.03M
Expense Ratio3.87%
Min. Investment$5,000,000
Turnover657.00%
Dividend (ttm)0.19
Dividend Yield2.18%
Dividend Growth-67.41%
Payout FrequencyAnnual
Ex-Dividend Daten/a
Previous Close8.74
YTD Return4.06%
1-Year Return9.08%
5-Year Return63.66%
52-Week Low7.56
52-Week High9.12
Beta (5Y)n/a
Holdings3549
Inception DateJul 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.

Fund Family AQR Funds
Category Systematic Trend
Stock Exchange NASDAQ
Ticker Symbol QMHIX
Share Class Class I
Index ICE BofA US 3-Month T Bill TR IX

Performance

QMHIX had a total return of 9.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.41%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
QMHRXClass R63.77%
QMHNXClass N4.12%

Top 10 Holdings

73.22% of assets
NameSymbolWeight
Limited Purpose Cash Investment Fundn/a26.92%
United States of America - U.S. Treasury BillsB.0 09.25.2511.23%
United States of America - U.S. Treasury BillsB.0 09.18.259.54%
United States of America - U.S. Treasury BillsB.0 04.24.257.11%
United States of America - U.S. Treasury Billsn/a4.58%
Goldman Sachs Financial Square Treasury Instruments FundFTIXX3.95%
United States of America - U.S. Treasury BillsB.0 08.28.253.80%
United States of America - U.S. Treasury BillsB.0 05.01.253.77%
United States of America - U.S. Treasury BillsB.0 09.04.251.34%
United States of America - U.S. Treasury BillsB.0 07.24.250.99%

Dividend History

Ex-DividendAmountPay Date
Dec 17, 2024$0.19341Dec 18, 2024
Dec 18, 2023$0.59344Dec 19, 2023
Dec 19, 2022$0.78024Dec 20, 2022
Dec 23, 2021$0.6677Dec 27, 2021
Dec 22, 2020$0.6578Dec 23, 2020
Dec 23, 2019$0.3192Dec 24, 2019
Full Dividend History