AQR Diversified Arbitrage Fund (ADAIX) Research
The fund endeavors to achieve returns superior to the ICE BofA US 3-Month Treasury Bill Index, after all expenses, while also prudently managing its tracking deviation from this benchmark. It builds a diverse investment portfolio utilizing a broad array of financial instruments. These include common stocks, convertible bonds, debt securities, lending arrangements, warrants, options contracts, various types of swap agreements (such as equity swaps, credit default swaps, and credit default index swaps), futures contracts, forward agreements, and other complex derivative products.
Market snapshot
- Symbol
- ADAIX
- Price
- $13.21
- Day change
- 0.00%
- Market cap
- $2.6B
- 52-week range
- 12.65-13.22
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
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