Though veteran managers guide Arbitrage Fund, significant and continuous turnover within the event-driven investment team in recent years damps the group’s overall appeal. This instability downgrades the Morningstar Analyst Ratings of its cheapest share classes to Neutral from Bronze, while the priciest C shares move to Negative.
NAV / 1-Day Return
13.14 / 0.08 %
Adj. Expense Ratio
Longest Manager Tenure
Alt Style Correlation / Relative VolatilityHigh / Low
Min. Initial Investment
Morningstar’s Fund Analysis ARBNX
Will ARBNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.