Morningstar

AQR Managed Futures Strategy HV Fund Class R6 QMHRX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 11.10  /  +0.09 %
  • Total Assets 1.7B
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 4.250%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Systematic Trend
  • Investment Style Mid Value
  • Min. Initial Investment 50M
  • Status Open
  • TTM Yield 1.90%
  • Turnover 455%

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

Morningstar’s Analysis QMHRX

Will QMHRX 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 QMHRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QMHRX 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 QMHRX’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 HV 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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings QMHRX

More QMHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ois Tonar /1.5% Jpy0628

31.42 502M
—

US DOLLAR

30.63 490M
Cash and Equivalents

Ois Tonar /1.5% Jpy0628

30.58 489M
—

Ubs Relationship Fds

18.63 298M
—

Limited Purpose Cash Investment

15.94 255M
—

Ois Sofr /3.5% Usd0928

11.01 176M
—

SOP P SWP 0.032 USD0626 Pay

11.01 176M
Government

Ois Sofr /3.5% Usd0928

10.84 173M
—

Eqo P Usspx 6500 Usd 0626

9.59 153M
—

IRSIM BBR /4.5 AUD0928 Pay

9.14 146M
Government

Sponsor Center