AQR Trend Total Return Class I (QNZIX)
| Fund Assets | 67.01M |
| Expense Ratio | 2.82% |
| Min. Investment | $5,000,000 |
| Turnover | 609.00% |
| Dividend (ttm) | 2.22 |
| Dividend Yield | 15.18% |
| Dividend Growth | -16.35% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 14.60 |
| YTD Return | 10.77% |
| 1-Year Return | 22.34% |
| 5-Year Return | n/a |
| 52-Week Low | 12.23 |
| 52-Week High | 15.61 |
| Beta (5Y) | n/a |
| Holdings | 3352 |
| Inception Date | Dec 16, 2021 |
About QNZIX
AQR Trend Total Return Fund Class I is a multi-asset mutual fund designed to pursue capital appreciation by systematically allocating assets across four primary classes: equities, fixed income, currencies, and commodities. The fund employs a diversified trend-following strategy, using a combination of price-based and fundamental signals to identify and go long on assets with positive momentum while shorting those showing negative trends. This approach aims to capture persistent market movements across both traditional and alternative asset classes, including select equity factors. A distinguishing feature of the fund is its targeted 0.5 beta to the S&P 500 Index, blending U.S. equity market exposure with alternative return streams sourced from trend-following strategies. The fund seeks to provide diversified returns and aims for downside risk mitigation, striving for positive performance during bull markets and potential resilience during broad equity market drawdowns. Managed by AQR Capital Management, the fund appeals to investors seeking systematic exposure to multi-asset trend-following frameworks within a single investment vehicle, reflecting an innovative approach to portfolio diversification and risk-adjusted return generation in global financial markets.
Performance
QNZIX had a total return of 22.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.74%.
Top 10 Holdings
77.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment Fund | n/a | 69.96% |
| United States of America - U.S. Treasury Bills | B.0 10.30.25 | 2.31% |
| S&P 500 E-Mini Index | n/a | 1.66% |
| Goldman Sachs Financial Square Treasury Instruments Fund | FTIXX | 0.55% |
| Rheinmetall AG | RHM | 0.49% |
| NVIDIA Corporation | NVDA | 0.49% |
| Novartis AG | NOVN | 0.47% |
| Johnson Controls International plc | JCI | 0.47% |
| VeriSign, Inc. | VRSN | 0.46% |
| Enel SpA | ENEL | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $2.21617 | Dec 18, 2024 |
| Dec 18, 2023 | $2.64935 | Dec 19, 2023 |
| Dec 19, 2022 | $0.00404 | Dec 20, 2022 |