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The Arbitrage Fund Class Institutional (ARBNX)

Mutual Fund · Currency in USD · Last updated Nov 28, 2022

Fund Info

ISINUS03875R2058
IssuerArbitrage Funds
Inception DateOct 17, 2003
CategoryEvent Driven
Expense Ratio1.49%
Minimum Investment$100,000
ETF Home Pagearbitragefunds.com
Asset ClassEquity

Trading Data

Previous Close$13.12
Year Range$12.57 - $13.32
EMA (50)$13.10
EMA (200)$13.13

ARBNXShare Price Chart


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ARBNXPerformance

The chart shows the growth of $10,000 invested in The Arbitrage Fund Class Institutional in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,219 for a total return of roughly 32.19%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
0.38%
-2.57%
ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)

ARBNXCompare to other instruments

Search for stocks, ETFs, and funds to compare with ARBNX

ARBNXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-0.91%4.33%
6M0.77%-0.78%
YTD-1.43%-15.53%
1Y-0.77%-14.36%
5Y2.39%9.13%
10Y2.36%10.99%

ARBNXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.13%0.15%0.68%-0.60%-0.91%-1.38%1.55%0.46%-0.76%1.69%-1.13%
20210.91%0.08%0.52%0.97%0.44%-0.81%-2.00%0.60%0.53%0.30%-1.34%0.90%
20200.37%-0.37%-2.77%3.47%0.30%-0.07%0.82%0.52%0.29%0.59%1.16%1.38%
20190.46%0.15%0.30%0.98%-0.52%0.00%0.75%0.22%0.08%0.45%0.44%0.47%
20180.31%0.84%-1.13%-0.99%0.62%0.38%-0.31%0.23%0.61%0.15%0.99%0.63%
20170.15%0.45%0.45%0.45%0.45%0.37%-0.00%0.30%0.07%0.44%-1.03%0.73%
20160.62%0.46%0.54%-0.15%0.61%0.00%0.08%0.15%0.53%-0.76%0.91%0.55%
20150.31%0.31%0.53%0.45%0.23%-1.28%-0.08%-0.15%-1.15%0.93%0.23%0.59%
2014-0.08%0.08%-0.54%0.31%0.23%0.86%0.08%0.15%-0.46%-0.62%0.78%0.85%
2013-0.39%0.39%-0.31%-0.24%0.32%0.16%0.63%-0.31%0.31%0.16%0.08%0.36%
20120.31%0.61%-0.15%-0.53%-0.68%0.46%-0.15%0.00%-0.23%-2.53%1.49%1.92%
20110.70%0.23%0.15%0.23%0.08%0.77%0.15%0.99%-0.30%1.14%0.30%0.20%
2010-0.16%1.24%0.54%0.23%-3.43%0.95%1.02%0.85%0.54%0.00%-0.00%-0.10%

ARBNXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current The Arbitrage Fund Class Institutional Sharpe ratio is -0.15. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.50-1.00-0.500.00JuneJulyAugustSeptemberOctoberNovember
-0.15
-0.60
ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)

ARBNXDividend History

The Arbitrage Fund Class Institutional granted a 0.52% dividend yield in the last twelve months. The annual payout for that period amounted to $0.07 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.07$0.07$0.89$0.28$0.25$0.50$0.12$0.30$0.03$0.06$0.39$0.30$0.30

Dividend yield

0.52%0.51%6.73%2.28%2.12%4.24%1.08%2.70%0.28%0.52%3.64%2.80%2.95%

ARBNXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-3.53%
-16.06%
ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)

ARBNXWorst Drawdowns

The table below shows the maximum drawdowns of the The Arbitrage Fund Class Institutional. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the The Arbitrage Fund Class Institutional is 11.90%, recorded on Mar 18, 2020. It took 29 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.9%Feb 21, 202019Mar 18, 202029Apr 29, 202048
-7.44%Jun 7, 2021261Jun 16, 2022
-5.68%Apr 13, 201028May 20, 2010190Feb 18, 2011218
-4.83%Mar 7, 201841May 3, 2018142Nov 23, 2018183
-4.16%Apr 3, 2012145Oct 26, 2012176Jul 15, 2013321
-3.45%May 26, 201589Sep 29, 2015108Mar 4, 2016197
-3.27%Jul 18, 201115Aug 8, 201112Aug 24, 201127
-2.53%Jul 25, 201460Oct 17, 201446Dec 23, 2014106
-1.54%Nov 2, 20176Nov 9, 201752Jan 26, 201858
-1.26%Jun 10, 20202Jun 11, 202023Jul 15, 202025

ARBNXVolatility Chart

Current The Arbitrage Fund Class Institutional volatility is 2.50%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
2.50%
12.31%
ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)