Morningstar

Absolute Convertible Arbitrage Fund Institutional Shares ARBIX

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NAV / 1-Day Return $11.84 / 0.00
Fund Size $1.9B
Adjusted Expense Ratio 1.220%
Net Expense Ratio 1.310%
Fee Level: Distribution Average
Share Class Type Institutional
Morningstar Category Relative Value Arbitrage
Alternative Style Box (Funds) High/Low
Minimum Initial Investment $25,000
Investment Status Open
TTM Yield 2.21%
Turnover Ratio 24%

NAV and 1-Day Return as of Nov 3, 2026, 1:36:52 AM

There is no Morningstar’s Analysis data available.

Portfolio Holdings ARBIX

More ARBIX Holdings

Current Portfolio Date Sep 30, 2026
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 3.6

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
Margin - Wells Fargo	31.07	587M	Cash and Equivalents
Margin - Morgan Stanley	13.05	247M	Cash and Equivalents
First American Treasury Obligs X	11.63	220M	Cash and Equivalents
Morgan Stanley InstlLqdty TrsSecs Instl	2.04	38M	Cash and Equivalents
EZCORP Inc. 3.75%	2.02	38M	Corporate
Cohu Inc 1.5%	1.90	36M	Corporate
Absolute Flexible Instl	1.81	34M	—
Granite Construction Inc 3.25%	1.46	28M	Corporate
Semtech Corporation 1.625%	1.39	26M	Corporate
MKS Inc. 1.25%	1.19	23M	Corporate

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