Absolute Convertible Arbitrage Fund Institutional Shares
ARBIX
NASDAQ
| Weiss Ratings | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Absolute Investment Advisers | |||
| Manager/Tenure (Years) | Eric C. Hage (7), Daniel Hage (4) | |||
| Website | http://www.absoluteadvisers.com | |||
| Fund Information | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | Absolute Convertible Arbitrage Fund Institutional Shares | |||
| Category | Relative Value Arbitrage | |||
| Sub-Category | Market Neutral | |||
| Prospectus Objective | Convertible Bond | |||
| Inception Date | Aug 14, 2017 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 25,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 3.42% | |||
| Dividend | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | -- | |||
| Asset Allocation | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 48.12% | |||
| Stock | -31.81% | |||
| U.S. Stock | -31.69% | |||
| Non-U.S. Stock | -0.12% | |||
| Bond | 1.26% | |||
| U.S. Bond | 1.26% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 82.44% | |||
| Other Net | 0.00% | |||
| Price History | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 0.43% | |||
| 30-Day Total Return | 0.69% | |||
| 60-Day Total Return | 1.31% | |||
| 90-Day Total Return | 1.94% | |||
| Year to Date Total Return | 2.85% | |||
| 1-Year Total Return | 7.93% | |||
| 2-Year Total Return | 14.64% | |||
| 3-Year Total Return | 17.41% | |||
| 5-Year Total Return | 31.06% | |||
| Price | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 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 | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $11.52 | |||
| 1-Month Low NAV | $11.39 | |||
| 1-Month High NAV | $11.52 | |||
| 52-Week Low NAV | $11.13 | |||
| 52-Week Low NAV (Date) | Jun 28, 2024 | |||
| 52-Week High NAV | $11.55 | |||
| 52-Week High Price (Date) | Dec 11, 2024 | |||
| Beta / Standard Deviation | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.12 | |||
| Standard Deviation | 2.09 | |||
| Balance Sheet | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 1.15B | |||
| Operating Ratios | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 1.41% | |||
| Turnover Ratio | 34.00% | |||
| Performance | ARBIX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 4.98% | |||
| Last Bear Market Total Return | -3.07% | |||