Water Island Event-Driven Fund ClassR
AEDFX
NASDAQ
| Weiss Ratings | AEDFX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | AEDFX-NASDAQ | Click to Compare |
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| Provider | Arbitrage Fund | |||
| Manager/Tenure (Years) | Roger P. Foltynowicz (15), Gregory A. Loprete (15), John S. Orrico (8), 1 other | |||
| Website | http://https://arbitragefunds.com | |||
| Fund Information | AEDFX-NASDAQ | Click to Compare |
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| Fund Name | Water Island Event-Driven Fund ClassR | |||
| Category | Event Driven | |||
| Sub-Category | Market Neutral | |||
| Prospectus Objective | Growth | |||
| Inception Date | Oct 01, 2010 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 2,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | 0.03 | |||
| Back End Fee | -- | |||
| Dividends and Shares | AEDFX-NASDAQ | Click to Compare |
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| Dividend Yield | 0.67% | |||
| Dividend | AEDFX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 1.77% | |||
| Asset Allocation | AEDFX-NASDAQ | Click to Compare |
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| Cash | 3.50% | |||
| Stock | 77.67% | |||
| U.S. Stock | 71.43% | |||
| Non-U.S. Stock | 6.24% | |||
| Bond | 16.94% | |||
| U.S. Bond | 16.94% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 2.28% | |||
| Other Net | -0.40% | |||
| Price History | AEDFX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.23% | |||
| 30-Day Total Return | 0.15% | |||
| 60-Day Total Return | 1.02% | |||
| 90-Day Total Return | 1.10% | |||
| Year to Date Total Return | 1.74% | |||
| 1-Year Total Return | 7.18% | |||
| 2-Year Total Return | 13.58% | |||
| 3-Year Total Return | 20.82% | |||
| 5-Year Total Return | 14.14% | |||
| Price | AEDFX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | AEDFX-NASDAQ | Click to Compare |
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| Nav | $12.85 | |||
| 1-Month Low NAV | $12.74 | |||
| 1-Month High NAV | $12.88 | |||
| 52-Week Low NAV | $12.07 | |||
| 52-Week Low NAV (Date) | Jun 02, 2025 | |||
| 52-Week High NAV | $12.92 | |||
| 52-Week High Price (Date) | Apr 17, 2026 | |||
| Beta / Standard Deviation | AEDFX-NASDAQ | Click to Compare |
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| Beta | 0.12 | |||
| Standard Deviation | 3.42 | |||
| Balance Sheet | AEDFX-NASDAQ | Click to Compare |
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| Total Assets | 50.10M | |||
| Operating Ratios | AEDFX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.71% | |||
| Turnover Ratio | 195.00% | |||
| Performance | AEDFX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 7.15% | |||
| Last Bear Market Total Return | -3.44% | |||