Morningstar

AQR Managed Futures Strategy Fund Class N AQMNX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 10.60  /  +1.63 %
  • Total Assets 3.3B
  • Adj. Expense Ratio
    1.550%
  • Expense Ratio 3.340%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Systematic Trend
  • Investment Style Mid Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.88%
  • Turnover 412%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis AQMNX

Will AQMNX outperform in the 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 AQMNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

A distinct take on trend following.

Senior Analyst David Reyna

David Reyna

Senior Analyst

Summary

AQR Managed Futures Strategy has delivered strong recent results and leans on a proficient team, but its increasingly complex design makes its behavior harder to predict.

by David Reyna
Rated on Published on

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Portfolio Holdings AQMNX

More AQMNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ois Tonar /1.5% Jpy0628

23.04 875M
—

Ois Tonar /1.5% Jpy0628

22.44 852M
—

US DOLLAR

20.35 773M
Cash and Equivalents

Ubs Relationship Fds

18.57 705M
—

Limited Purpose Cash Investment

17.67 671M
—

SOP P SWP 0.032 USD0626 Pay

9.27 352M
Government

Ois Sofr /3.5% Usd0928

7.61 289M
—

Ois Sofr /3.5% Usd0928

7.54 287M
—

Eqo P Usspx 6500 Usd 0626

7.05 268M
—

IRSIM BBR /4.5 AUD0928 Pay

6.07 231M
Government

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