AQR Equity Market Neutral Fund Class I (QMNIX)

Fund Assets	3.03B
Expense Ratio	6.03%
Min. Investment	$5,000,000
Turnover	338.00%
Dividend (ttm)	0.18
Dividend Yield	1.44%
Dividend Growth	-71.20%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	12.22
YTD Return	-2.24%
1-Year Return	4.31%
5-Year Return	150.26%
52-Week Low	11.30
52-Week High	12.63
Beta (5Y)	-0.15
Holdings	2194
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.

• Fund Family: AQR Funds
• Category: Equity Mkt Neutral
• Performance Rating: Above Average
• Risk Rating: High
• 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 4.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.19%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
QMNRX	Class R6	5.91%
QMNNX	Class N	6.31%

Top 10 Holdings

57.85% of assets

Name	Symbol	Weight
Limited Purpose Cash Investment Fund	n/a	24.66%
United States of America - U.S. Treasury Bills	B.0 10.01.26	6.55%
United States of America - U.S. Treasury Bills	B.0 09.17.26	5.18%
United States of America - U.S. Treasury Bills	B.0 09.24.26	5.17%
United States of America - U.S. Treasury Bills	B.0 12.24.26	4.44%
United States of America - U.S. Treasury Bills	B.0 09.10.26	3.95%
United States of America - U.S. Treasury Bills	B.0 12.17.26	2.73%
United States of America - U.S. Treasury Bills	B.0 12.31.26	2.39%
Sanofi	SAN	1.40%
Siemens Energy AG	ENR	1.37%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 26, 2026

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