ARBOX – Absolute Convertible Arbitrage Inv Investment Strategy | Morningstar

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Strategy

The investment seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. The fund invests, at least 80% of its net assets (plus borrowings for investment purposes) in a diversified portfolio of convertible securities issued by both U.S. and foreign companies. The fund may invest in securities of issuers of any market capitalization, the Advisor expects to invest primarily in small- and mid-capitalization companies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ARBOX	Absolute Convertible Arbitrage Fund Investor Shares	No Load	Open	—	—	Feb 25, 2021	$346.81M	1.460%	Average	$2,500	$154.40M
ARBIX	Absolute Convertible Arbitrage Fund Institutional Shares	Institutional	Open	—	—	Aug 14, 2017	$1.55B	1.220%	Average	$25,000	$408.92M

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