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Analyst rating as of
NAV / 1-Day Return
12.60  /  0.00
Total Assets
1.4 Bil
Adj. Expense Ratio
1.560%
Expense Ratio
1.620%
Fee Level
Low
Longest Manager Tenure
22.20 years
Category
Event Driven
Alt Style Correlation / Relative Volatility
High / Low
Min. Initial Investment
2,000
Status
Open
TTM Yield
0.00%
Turnover
206%

Morningstar’s Fund Analysis ARBFX

Will ARBFX outperform in future?

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

Personnel turnover diminishes our view.

Senior Analyst

Summary

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Though veteran managers guide Arbitrage Fund, significant and continuous turnover within the event-driven investment team in recent years damps the group’s overall appeal. This instability downgrades the Morningstar Analyst Ratings of its cheapest share classes to Neutral from Bronze, while the priciest C shares move to Negative.

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