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 (16), Gregory A. Loprete (16), John S. Orrico (8), 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 | 0.89% | |||
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| Dividend Yield (Forward) | 0.97% | |||
| Asset Allocation | AEDNX-NASDAQ | Click to Compare |
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| Cash | 7.62% | |||
| Stock | 74.32% | |||
| U.S. Stock | 63.87% | |||
| Non-U.S. Stock | 10.45% | |||
| Bond | 17.19% | |||
| U.S. Bond | 17.19% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 1.28% | |||
| Other Net | -0.40% | |||
| Price History | AEDNX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.07% | |||
| 30-Day Total Return | 0.37% | |||
| 60-Day Total Return | 0.37% | |||
| 90-Day Total Return | 0.51% | |||
| Year to Date Total Return | 5.78% | |||
| 1-Year Total Return | 7.54% | |||
| 2-Year Total Return | 14.51% | |||
| 3-Year Total Return | 21.32% | |||
| 5-Year Total Return | 23.60% | |||
| 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 | $13.54 | |||
| 1-Month Low NAV | $13.43 | |||
| 1-Month High NAV | $13.57 | |||
| 52-Week Low NAV | $12.71 | |||
| 52-Week Low NAV (Date) | Nov 04, 2025 | |||
| 52-Week High NAV | $13.57 | |||
| 52-Week High Price (Date) | Oct 29, 2026 | |||
| Beta / Standard Deviation | AEDNX-NASDAQ | Click to Compare |
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| Beta | 0.08 | |||
| Standard Deviation | 2.88 | |||
| Balance Sheet | AEDNX-NASDAQ | Click to Compare |
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| Total Assets | 63.51M | |||
| Operating Ratios | AEDNX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.47% | |||
| Turnover Ratio | 255.00% | |||
| Performance | AEDNX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 7.34% | |||
| Last Bear Market Total Return | -3.50% | |||