AQR Equity Market Neutral Fund Class I (QMNIX)
| Fund Assets | 2.70B |
| Expense Ratio | 5.48% |
| Min. Investment | $5,000,000 |
| Turnover | 412.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.41% |
| Dividend Growth | -71.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 12.49 |
| YTD Return | 26.54% |
| 1-Year Return | 26.67% |
| 5-Year Return | 176.27% |
| 52-Week Low | 9.87 |
| 52-Week High | 12.53 |
| Beta (5Y) | -0.17 |
| Holdings | 1897 |
| Inception Date | Oct 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.
Performance
QMNIX had a total return of 26.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.94%.
Top 10 Holdings
80.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment Fund | n/a | 48.37% |
| United States of America - U.S. Treasury Bills | B.0 12.26.25 | 5.36% |
| United States of America - U.S. Treasury Bills | B.0 10.09.25 | 4.13% |
| United States of America - U.S. Treasury Bills | B.0 11.28.25 | 4.06% |
| United States of America - U.S. Treasury Bills | B.0 11.20.25 | 3.85% |
| United States of America - U.S. Treasury Bills | B.0 10.16.25 | 3.44% |
| United States of America - U.S. Treasury Bills | B.0 12.11.25 | 3.42% |
| United States of America - U.S. Treasury Bills | B.0 01.02.26 | 3.03% |
| United States of America - U.S. Treasury Bills | B.0 04.02.26 | 2.53% |
| United States of America - U.S. Treasury Bills | B.0 03.12.26 | 2.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.17577 | Dec 18, 2025 |
| Dec 17, 2024 | $0.61022 | Dec 18, 2024 |
| Dec 18, 2023 | $1.81292 | Dec 19, 2023 |
| Dec 19, 2022 | $0.52251 | Dec 20, 2022 |
| Dec 23, 2021 | $0.1017 | Dec 27, 2021 |
| Dec 22, 2020 | $1.09896 | Dec 23, 2020 |