Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
2.32% 723.17M 1.64% 361.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
125.97M 12.19% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks long-term absolute (positive) returns. The fund seeks to outperform, after expenses, the ICE BofAML US 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. It invests in a diversified portfolio of instruments, including equities, convertible securities, debt securities, loans, warrants, options, swaps (including credit default swaps and credit default index swaps), futures contracts, forwards or other types of derivative instruments.
General
Security Type Mutual Fund
Oldest Share Symbol ADAIX
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index USTREAS T-Bill Auction Ave 3 Mon
Prospectus Objective Growth and Income
Fund Owner Firm Name AQR Funds
Prospectus Benchmark Index
ICE BofA US 3M Trsy Bill TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Mark Mitchell 11.72 yrs
Ronen Israel 11.72 yrs
Todd Pulvino 11.72 yrs
Robert Bryant 1.42 yrs
Lars Nielsen 0.75 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 10
125.97M
-495.56M Category Low
2.217B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of September 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
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--
--
--
--
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% Rank in Cat (NAV)
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As of October 23, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2013
2014
2015
2016
2017
2018
2019
YTD
1.42%
-5.24%
-5.04%
7.27%
5.58%
2.01%
8.32%
10.19%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
4.44%
18.51%
0.79%
-1.20%
-7.14%
12.57%
1.86%
-1.01%
0.40%
--
--
17.43%
5.43%
5.56%
-11.94%
-11.52%
-16.12%
4.16%
7.03%
9.02%
-0.40%
2.73%
-13.89%
-10.19%
-27.87%
--
11.08%
8.50%
-0.76%
11.67%
-12.60%
-8.33%
-22.78%
As of October 23, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-23-20) 1.64%
30-Day SEC Yield --
7-Day SEC Yield (10-21-20) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 2.95%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of June 30, 2020

Fund Details

Key Dates
Inception Date 1/15/2009
Last Annual Report Date 12/31/2019
Last Prospectus Date 5/1/2020
Share Classes
ADAIX Inst
QDARX Retirement
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of June 30, 2020.
Type % Net % Long % Short
Cash -10.37% Upgrade Upgrade
Stock 32.10% Upgrade Upgrade
Bond 14.60% Upgrade Upgrade
Convertible 42.07% Upgrade Upgrade
Preferred 3.04% Upgrade Upgrade
Other 18.54% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Ubs Money Ser
16.87% -- --
Portfolio Swap TESLA INC 2.00% MAY24
6.47% -- --
Novellus Sys Inc 2.62%
4.85% -- --
United States Treasury Bills
4.49% -- --
United States Treasury Bills
3.74% -- --
United States Treasury Bills
3.54% -- --
Portfolio Swap CARNIVAL CORP. 144A 5.75% APR23
3.36% -- --
Inovio Biomedical 6.5%
2.06% -- --
Portfolio Swap WAYFAIR INC. 1% AUG26
2.02% -- --
Portfolio Swap SQUARE INC 144A 0.125% MAR25
1.87% -- --

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks long-term absolute (positive) returns. The fund seeks to outperform, after expenses, the ICE BofAML US 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. It invests in a diversified portfolio of instruments, including equities, convertible securities, debt securities, loans, warrants, options, swaps (including credit default swaps and credit default index swaps), futures contracts, forwards or other types of derivative instruments.
General
Security Type Mutual Fund
Oldest Share Symbol ADAIX
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index USTREAS T-Bill Auction Ave 3 Mon
Prospectus Objective Growth and Income
Fund Owner Firm Name AQR Funds
Prospectus Benchmark Index
ICE BofA US 3M Trsy Bill TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Mark Mitchell 11.72 yrs
Ronen Israel 11.72 yrs
Todd Pulvino 11.72 yrs
Robert Bryant 1.42 yrs
Lars Nielsen 0.75 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-23-20) 1.64%
30-Day SEC Yield --
7-Day SEC Yield (10-21-20) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 2.95%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of June 30, 2020

Fund Details

Key Dates
Inception Date 1/15/2009
Last Annual Report Date 12/31/2019
Last Prospectus Date 5/1/2020
Share Classes
ADAIX Inst
QDARX Retirement
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No