AQR Trend Total Return Class N (QNZNX)
| Fund Assets | 67.01M |
| Expense Ratio | 3.07% |
| Min. Investment | $50,000,000 |
| Turnover | 609.00% |
| Dividend (ttm) | 2.17 |
| Dividend Yield | 14.89% |
| Dividend Growth | -17.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 14.55 |
| YTD Return | 11.47% |
| 1-Year Return | 23.09% |
| 5-Year Return | n/a |
| 52-Week Low | 12.20 |
| 52-Week High | 15.54 |
| Beta (5Y) | n/a |
| Holdings | 3352 |
| Inception Date | n/a |
About QNZNX
AQR Trend Total Return Fund Class N is an alternative mutual fund designed to seek capital appreciation through a systematic, trend-following investment approach. The fund strategically allocates its assets across four major asset classes: equities, fixed income, currencies, and commodities. Employing proprietary quantitative models, it analyzes a broad suite of trend signals—both price-based and fundamental—to determine long and short positions. This diversified trend-following strategy aims to capture market movements across traditional and alternative sectors, offering exposure to a wide array of asset types and equity factors. Additionally, the fund targets a 0.5 beta to the S&P 500 Index, blending equity market participation with alternative return drivers. This structure is intended to provide both total return potential and downside risk mitigation, potentially benefiting investors during periods of equity market stress. Managed by AQR Capital Management, the fund is notable for its high portfolio turnover and disciplined quantitative process. Since its inception in December 2021, it has positioned itself as a differentiated solution for investors seeking diversified trend exposure within a single portfolio.
Performance
QNZNX had a total return of 23.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.75%.
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 | $2.16579 | Dec 18, 2024 |
| Dec 18, 2023 | $2.62242 | Dec 19, 2023 |
| Dec 19, 2022 | $0.00404 | Dec 20, 2022 |