AQR Trend Total Return Class R6 (QNZRX)

Fund Assets	541.78M
Expense Ratio	3.185%
Min. Investment	$50,000,000
Turnover	461.00%
Dividend (ttm)	0.18
Dividend Yield	0.96%
Dividend Growth	-91.98%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	18.44
YTD Return	14.39%
1-Year Return	17.66%
5-Year Return	n/a
52-Week Low	15.51
52-Week High	20.18
Beta (5Y)	n/a
Holdings	3878
Inception Date	Dec 16, 2021

About QNZRX

AQR Trend Total Return Fund Class R6 is an alternative mutual fund designed to seek capital appreciation through a diversified, systematic investment strategy. The fund allocates its assets across four major asset classes: equities, fixed income, currencies, and commodities. Its distinctive approach employs a suite of quantitative, trend-following models that analyze both price movements and fundamental signals, allowing the fund to go long on assets showing positive momentum and short those exhibiting negative trends. This dual-pronged strategy aims to capture returns from rising and falling market environments, offering exposure not only to traditional securities but also to alternative assets and various equity factors. By blending targeted U.S. equity market exposure with AQR’s proprietary trend-following techniques, the fund strives to provide returns that are less correlated with broader equity markets, enhancing portfolio diversification and offering potential downside risk mitigation during equity market downturns. Managed by AQR Capital Management, the fund is positioned within the "Alternatives" asset class and is frequently used by institutional investors as part of a broader risk management or total return strategy.

• Fund Family: AQR Funds
• Category: Unclassified
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: QNZRX
• Share Class: Class R6
• Index: ICE BofA US 3-Month Treasury Bill TR USD

Performance

QNZRX had a total return of 17.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.65%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
QNZIX	Class I	3.32%
QNZNX	Class N	3.57%

Top 10 Holdings

69.97% of assets

Name	Symbol	Weight
Limited Purpose Cash Investment Fund	n/a	35.08%
United States of America - U.S. Treasury Bills	B.0 10.15.26	8.98%
United States of America - U.S. Treasury Bills	B.0 11.05.26	6.66%
United States of America - U.S. Treasury Bills	B.0 11.19.26	5.67%
United States of America - U.S. Treasury Bills	B.0 07.23.26	3.31%
United States of America - U.S. Treasury Bills	B.0 09.17.26	2.53%
United States of America - U.S. Treasury Bills	B.0 10.29.26	2.19%
United States of America - U.S. Treasury Bills	B.0 10.01.26	2.02%
United States of America - U.S. Treasury Bills	B.0 11.12.26	1.93%
United States of America - U.S. Treasury Bills	B.0 09.03.26	1.59%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$0.17787	Dec 18, 2025
Dec 17, 2024	$2.21802	Dec 18, 2024
Dec 18, 2023	$2.66076	Dec 19, 2023
Dec 19, 2022	$0.00404	Dec 20, 2022

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Nov 11, 2026

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