AQR Long-Short Equity Fund Class N QLENX

Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 21.90  /  +0.05 %
  • Total Assets 9.5B
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 6.000%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Long-Short Equity
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Limited
  • TTM Yield 1.55%
  • Turnover 296%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis QLENX

Will QLENX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

AQR Equity Market Neutral and Long-Short Equity soft-close on June 19; ratings unchanged.

null Jodi Lim

Jodi Lim

Analyst Note

Effective at the close of business on June 19, 2026, the mutual fund share classes of AQR Long-Short Equity and AQR Equity Market Neutral will be closed to new investors; existing shareholders may continue to make additional investments. This soft close applies only to the mutual fund vehicles of these strategies. AQR cited capacity constraints as its rationale for closing investments to new investors. Morningstar views this as a prudent step to protect existing shareholders and maintain each strategy's investment mandate. These soft closes do not change Morningstar's view of either strategy's People or Process Pillars.

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Portfolio Holdings QLENX

  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US DOLLAR

37.32 3B
Cash and Equivalents

Limited Purpose Cash Investment

21.88 2B
—

United States Treasury Bills 0%

2.45 196M
Government

United States Treasury Bills 0%

2.43 194M
Government

United States Treasury Bills 0%

2.36 189M
Government

United States Treasury Bills 0%

2.35 188M
Government

United States Treasury Bills 0%

2.24 179M
Government

United States Treasury Bills 0%

2.24 179M
Government

United States Treasury Bills 0%

1.87 150M
Government

United States Treasury Bills 0%

1.87 150M
Government

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