A tenured team guides AQR Equity Market Neutral with support from broader firm resources. Recent improvements to the process are sensible but require more time to prove the degree to which they enhance the strategy.
AQR Equity Market Neutral R6 QMNRX
- NAV / 1-Day Return 9.84 / −0.40 %
- Total Assets 525.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 4.930%
- Distribution Fee Level High
- Share Class Type Retirement, Large
- Category Equity Market Neutral
- Alt Style Correlation / Relative Volatility Negative/High
- Min. Initial Investment 50.0 Mil
- Status Open
- TTM Yield 18.50%
- Turnover 197%
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 11:33 PM GMT+0
Morningstar’s Analysis QMNRX
Will QMNRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 55.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Limited Purpose Cash Investment | 53.60 | 234.7 Mil | — |
United States Treasury Bills 0% | 5.66 | 24.8 Mil | Government |
United States Treasury Bills 0% | 4.80 | 21.0 Mil | Government |
United States Treasury Bills 0% | 4.74 | 20.7 Mil | Government |
United States Treasury Bills 0% | 4.40 | 19.2 Mil | Government |
United States Treasury Bills 0% | 4.35 | 19.1 Mil | Government |
United States Treasury Bills 0% | 4.08 | 17.9 Mil | Government |
United States Treasury Bills 0% | 2.26 | 9.9 Mil | Government |
United States Treasury Bills 0% | 2.04 | 8.9 Mil | Government |
Goldman Sachs FS Treasury Intms Instl | 1.95 | 8.5 Mil | Cash and Equivalents |