The Arbitrage Fund Class Institutional (ARBNX)
Fund Info
| ISIN | US03875R2058 |
|---|---|
| Issuer | Arbitrage Funds |
| Inception Date | Oct 17, 2003 |
| Category | Event Driven |
| Expense Ratio | 1.49% |
| Minimum Investment | $100,000 |
| ETF Home Page | arbitragefunds.com |
| Asset Class | Equity |
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.
ARBNXCompare to other instruments
ARBNXReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | -0.91% | 4.33% |
| 6M | 0.77% | -0.78% |
| YTD | -1.43% | -15.53% |
| 1Y | -0.77% | -14.36% |
| 5Y | 2.39% | 9.13% |
| 10Y | 2.36% | 10.99% |
ARBNXMonthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -1.13% | 0.15% | 0.68% | -0.60% | -0.91% | -1.38% | 1.55% | 0.46% | -0.76% | 1.69% | -1.13% | |
| 2021 | 0.91% | 0.08% | 0.52% | 0.97% | 0.44% | -0.81% | -2.00% | 0.60% | 0.53% | 0.30% | -1.34% | 0.90% |
| 2020 | 0.37% | -0.37% | -2.77% | 3.47% | 0.30% | -0.07% | 0.82% | 0.52% | 0.29% | 0.59% | 1.16% | 1.38% |
| 2019 | 0.46% | 0.15% | 0.30% | 0.98% | -0.52% | 0.00% | 0.75% | 0.22% | 0.08% | 0.45% | 0.44% | 0.47% |
| 2018 | 0.31% | 0.84% | -1.13% | -0.99% | 0.62% | 0.38% | -0.31% | 0.23% | 0.61% | 0.15% | 0.99% | 0.63% |
| 2017 | 0.15% | 0.45% | 0.45% | 0.45% | 0.45% | 0.37% | -0.00% | 0.30% | 0.07% | 0.44% | -1.03% | 0.73% |
| 2016 | 0.62% | 0.46% | 0.54% | -0.15% | 0.61% | 0.00% | 0.08% | 0.15% | 0.53% | -0.76% | 0.91% | 0.55% |
| 2015 | 0.31% | 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% |
| 2012 | 0.31% | 0.61% | -0.15% | -0.53% | -0.68% | 0.46% | -0.15% | 0.00% | -0.23% | -2.53% | 1.49% | 1.92% |
| 2011 | 0.70% | 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% |
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.
| Period | TTM | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2020 | 19 | Mar 18, 2020 | 29 | Apr 29, 2020 | 48 |
| -7.44% | Jun 7, 2021 | 261 | Jun 16, 2022 | — | — | — |
| -5.68% | Apr 13, 2010 | 28 | May 20, 2010 | 190 | Feb 18, 2011 | 218 |
| -4.83% | Mar 7, 2018 | 41 | May 3, 2018 | 142 | Nov 23, 2018 | 183 |
| -4.16% | Apr 3, 2012 | 145 | Oct 26, 2012 | 176 | Jul 15, 2013 | 321 |
| -3.45% | May 26, 2015 | 89 | Sep 29, 2015 | 108 | Mar 4, 2016 | 197 |
| -3.27% | Jul 18, 2011 | 15 | Aug 8, 2011 | 12 | Aug 24, 2011 | 27 |
| -2.53% | Jul 25, 2014 | 60 | Oct 17, 2014 | 46 | Dec 23, 2014 | 106 |
| -1.54% | Nov 2, 2017 | 6 | Nov 9, 2017 | 52 | Jan 26, 2018 | 58 |
| -1.26% | Jun 10, 2020 | 2 | Jun 11, 2020 | 23 | Jul 15, 2020 | 25 |
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.