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Morningstar

AQR Equity Market Neutral N QMNNX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 9.64  /  0.00
  • Total Assets 519.3 Mil
  • Adj. Expense Ratio
    1.590%
  • Expense Ratio 5.280%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Equity Market Neutral
  • Alt Style Correlation / Relative Volatility Negative/High
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 18.71%
  • Turnover 197%

USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:16 PM GMT+0

Morningstar’s Analysis QMNNX

Will QMNNX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QMNNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QMNNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of QMNNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Focused leadership in pursuit of enhancements.

Senior Analyst Karen Zaya

Karen Zaya

Senior Analyst

Summary

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.

by Karen Zaya
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings QMNNX

More QMNNX Holdings
  • 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