Water Island Event-Driven Fund Class I
AEDNX
NASDAQ
| Weiss Ratings | AEDNX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | AEDNX-NASDAQ | Click to Compare |
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| Provider | Arbitrage Fund | |||
| Manager/Tenure (Years) | Roger P. Foltynowicz (14), Gregory A. Loprete (14), John S. Orrico (7), 1 other | |||
| Website | http://https://arbitragefunds.com | |||
| Fund Information | AEDNX-NASDAQ | Click to Compare |
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| Fund Name | Water Island Event-Driven Fund Class I | |||
| Category | Event Driven | |||
| Sub-Category | Market Neutral | |||
| Prospectus Objective | Growth | |||
| Inception Date | Oct 01, 2010 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 100,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | 0.03 | |||
| Back End Fee | -- | |||
| Dividends and Shares | AEDNX-NASDAQ | Click to Compare |
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| Dividend Yield | 0.19% | |||
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| Dividend Yield (Forward) | 1.05% | |||
| Asset Allocation | AEDNX-NASDAQ | Click to Compare |
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| Cash | 9.20% | |||
| Stock | 66.78% | |||
| U.S. Stock | 57.66% | |||
| Non-U.S. Stock | 9.12% | |||
| Bond | 22.32% | |||
| U.S. Bond | 20.32% | |||
| Non-U.S. Bond | 2.00% | |||
| Preferred | 0.00% | |||
| Convertible | 0.63% | |||
| Other Net | 1.07% | |||
| Price History | AEDNX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.07% | |||
| 30-Day Total Return | 0.55% | |||
| 60-Day Total Return | 1.52% | |||
| 90-Day Total Return | 2.85% | |||
| Year to Date Total Return | 6.05% | |||
| 1-Year Total Return | 6.17% | |||
| 2-Year Total Return | 12.12% | |||
| 3-Year Total Return | 15.80% | |||
| 5-Year Total Return | 23.73% | |||
| Price | AEDNX-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 | AEDNX-NASDAQ | Click to Compare |
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| Nav | $12.61 | |||
| 1-Month Low NAV | $12.55 | |||
| 1-Month High NAV | $12.61 | |||
| 52-Week Low NAV | $11.77 | |||
| 52-Week Low NAV (Date) | Dec 20, 2024 | |||
| 52-Week High NAV | $12.61 | |||
| 52-Week High Price (Date) | Sep 02, 2025 | |||
| Beta / Standard Deviation | AEDNX-NASDAQ | Click to Compare |
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| Beta | 0.10 | |||
| Standard Deviation | 3.58 | |||
| Balance Sheet | AEDNX-NASDAQ | Click to Compare |
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| Total Assets | 59.87M | |||
| Operating Ratios | AEDNX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.48% | |||
| Turnover Ratio | 195.00% | |||
| Performance | AEDNX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 3.73% | |||
| Last Bear Market Total Return | -3.50% | |||