AQR Equity Market Neutral Fund Class R6 (QMNRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.33
0.00 (0.00%)
Jul 31, 2025, 4:00 PM EDT
Fund Assets2.14B
Expense Ratio5.38%
Min. Investment$50,000,000
Turnover412.00%
Dividend (ttm)0.62
Dividend Yield5.45%
Dividend Growth-66.07%
Payout FrequencyAnnual
Ex-Dividend DateDec 17, 2024
Previous Close11.33
YTD Return12.51%
1-Year Return20.78%
5-Year Return131.56%
52-Week Low9.68
52-Week High11.57
Beta (5Y)n/a
Holdings2065
Inception DateOct 7, 2014

About QMNRX

AQR Equity Market Neutral Fund Class R6 is an open-end mutual fund managed by AQR Capital Management, LLC, employing a market-neutral investment strategy within the global equity space. Its primary objective is to achieve positive absolute returns regardless of broader market direction by systematically going long on stocks anticipated to outperform and short on those expected to underperform. This approach aims to neutralize exposure to general market movements, providing low correlation with traditional equity indices and targeting returns independent of prevailing equity market trends. The fund leverages quantitative models and proprietary research, analyzing hundreds of investment signals across diversified sectors and geographies, including the United States, Japan, the United Kingdom, and major European markets. With over 2,000 holdings, the fund invests through both direct equity positions and derivatives such as swaps and futures. The strategy serves investors seeking diversification and reduced portfolio volatility, especially in environments of heightened market uncertainty. Since its inception in 2014, the fund has demonstrated a commitment to systematic, data-driven investing, positioning itself as a distinctive player in the alternatives segment of the financial market.

Fund Family AQR Funds
Category Equity Market Neutral
Stock Exchange NASDAQ
Ticker Symbol QMNRX
Share Class Class R6
Index ICE BofA US 3-Month T Bill TR IX

Performance

QMNRX had a total return of 20.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.12%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
QMNIXClass I5.48%
QMNNXClass N5.73%

Top 10 Holdings

82.51% of assets
NameSymbolWeight
Limited Purpose Cash Investmentn/a56.76%
US DOLLARn/a6.70%
United States Treasury Bills 0%B.0 07.03.253.73%
United States Treasury Bills 0%B.0 08.14.252.77%
United States Treasury Bills 0%B.0 07.24.252.40%
United States Treasury Bills 0%B.0 09.11.252.31%
United States Treasury Bills 0%B.0 06.20.252.29%
United States Treasury Bills 0%B.0 05.01.252.20%
United States Treasury Bills 0%B.0 08.21.251.86%
United States Treasury Bills 0%B.0 04.17.251.50%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 17, 2024$0.61763Dec 18, 2024
Dec 18, 2023$1.8203Dec 19, 2023
Dec 19, 2022$0.52908Dec 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