AQR Equity Market Neutral I (QMNIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.55
+0.02 (0.17%)
Aug 27, 2025, 9:30 AM EDT
0.17%
Fund Assets2.04B
Expense Ratio5.48%
Min. Investment$5,000,000
Turnover412.00%
Dividend (ttm)0.61
Dividend Yield5.29%
Dividend Growth-66.34%
Payout FrequencyAnnual
Ex-Dividend DateDec 17, 2024
Previous Close11.53
YTD Return15.49%
1-Year Return24.57%
5-Year Return135.92%
52-Week Low9.85
52-Week High11.59
Beta (5Y)-0.18
Holdings1943
Inception DateOct 7, 2014

About QMNIX

AQR Equity Market Neutral Fund Class I is an alternative mutual fund designed to deliver positive absolute returns through a market-neutral approach. The fund seeks to achieve returns that are largely uncorrelated with broader equity markets by systematically going long on stocks expected to outperform and short on those projected to underperform, thereby minimizing exposure to broad market movements. Its strategy leverages a wide array of investment signals and operates globally, investing across sectors and regions to enhance portfolio diversification. The fund is actively managed by a tenured team and features a large number of both long and short positions, ensuring robust risk management. With a substantial asset base and a focus on absolute rather than relative performance, the fund aims to serve institutional and sophisticated investors seeking diversification away from traditional equity and fixed income market risks. Its unique structure and methodical process position it as a specialized instrument for portfolio diversification and volatility reduction within the alternative investments space.

Fund Family AQR Funds
Category Equity Market Neutral
Stock Exchange NASDAQ
Ticker Symbol QMNIX
Share Class Class I
Index ICE BofA US 3-Month T Bill TR IX

Performance

QMNIX had a total return of 24.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.26%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
QMNRXClass R65.38%
QMNNXClass N5.73%

Top 10 Holdings

72.16% of assets
NameSymbolWeight
Limited Purpose Cash Investment Fundn/a39.53%
United States of America - U.S. Treasury BillsB.0 12.26.255.74%
United States of America - U.S. Treasury BillsB.0 10.09.254.43%
United States of America - U.S. Treasury BillsB.0 11.28.254.36%
United States of America - U.S. Treasury BillsXIB.0 11.20.254.13%
United States of America - U.S. Treasury BillsB.0 10.16.253.69%
United States of America - U.S. Treasury BillsB.0 12.11.253.66%
United States of America - U.S. Treasury BillsB.0 07.03.252.75%
United States of America - U.S. Treasury BillsB.0 08.14.252.05%
United States of America - U.S. Treasury BillsB.0 12.18.251.83%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 17, 2024$0.61022Dec 18, 2024
Dec 18, 2023$1.81292Dec 19, 2023
Dec 19, 2022$0.52251Dec 20, 2022
Dec 23, 2021$0.1017Dec 27, 2021
Dec 22, 2020$1.09896Dec 23, 2020
Dec 23, 2019$0.3515Dec 24, 2019
Full Dividend History