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Morningstar

AQR Diversified Arbitrage N ADANX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 11.80  /  0.00
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    1.450%
  • Expense Ratio 1.740%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Relative Value Arbitrage
  • Alt Style Correlation / Relative Volatility High / Medium
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 0.10%
  • Turnover 518%

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:32 PM GMT+00:00

Morningstar’s Analysis ADANX

Will ADANX 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 ADANX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ADANX 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 ADANX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Diversified and flexible.

Senior Analyst

Summary

| by Erol Alitovski

AQR Diversified Arbitrage’s flexibility and unique approach, coupled with a well-resourced team, support a Morningstar Analyst Rating of Bronze across all share classes.

Unlock our full analysis with Morningstar Investor