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.
AQR Equity Market Neutral Fund Class I QMNIX
- NAV / 1-Day Return 11.66 / +0.34 %
- Total Assets 3.0B
-
Adj. Expense Ratio
1.340%
- Expense Ratio 5.980%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Equity Market Neutral
- Investment Style Mid Blend
- Min. Initial Investment 5M
- Status Open
- TTM Yield 1.50%
- Turnover 338%
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis QMNIX
Will QMNIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the QMNIX 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 QMNIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 26.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
US DOLLAR | 37.06 | 1B | Cash and Equivalents |
Limited Purpose Cash Investment | 23.23 | 796M | — |
United States Treasury Bills 0% | 4.92 | 169M | Government |
United States Treasury Bills 0% | 4.62 | 158M | Government |
United States Treasury Bills 0% | 4.34 | 149M | Government |
United States Treasury Bills 0% | 3.47 | 119M | Government |
United States Treasury Bills 0% | 3.44 | 118M | Government |
United States Treasury Bills 0% | 3.01 | 103M | Government |
United States Treasury Bills 0% | 2.61 | 89M | Government |
United States Treasury Bills 0% | 2.31 | 79M | Government |
United States