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Analyst rating as of
NAV / 1-Day Return
13.25  /  0.38 %
Total Assets
1.6 Bil
Adj. Expense Ratio
1.380%
Expense Ratio
1.490%
Fee Level
Average
Longest Manager Tenure
21.91 years
Category
Event Driven
Alt Style Correlation / Relative Volatility
High / Low
Min. Initial Investment
100,000
Status
Open
TTM Yield
0.00%
Turnover
206%

Morningstar’s Fund Analysis ARBNX

Will ARBNX outperform in future?

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

Personnel turnover diminishes our view.

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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