The Arbitrage Fund Class Institutional (ARBNX)
Fund Info
US03875R2058
Oct 17, 2003
$100,000
Expense Ratio
ARBNX has a high expense ratio of 1.49%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
The Arbitrage Fund Class Institutional (ARBNX) returned 2.83% year-to-date (YTD) and 6.18% over the past 12 months. Over the past 10 years, ARBNX returned 2.95% annually, underperforming the S&P 500 benchmark at 10.85%.
ARBNX
2.83%
0.58%
2.74%
6.18%
4.27%
3.38%
2.95%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of ARBNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.12% | 1.25% | 0.07% | -0.22% | 0.58% | 2.83% | |||||||
| 2024 | -0.45% | 0.00% | 1.52% | -1.80% | 0.46% | 0.53% | 1.74% | 0.37% | -0.22% | 0.67% | 0.22% | -0.08% | 2.95% |
| 2023 | 0.16% | -0.16% | 0.24% | 0.08% | -2.20% | 1.60% | 1.50% | 1.09% | 0.31% | -0.46% | 2.47% | 1.39% | 6.10% |
| 2022 | -1.13% | 0.15% | 0.68% | -0.60% | -0.91% | -1.38% | 1.55% | 0.46% | -0.76% | 1.69% | -0.98% | 0.62% | -0.67% |
| 2021 | 0.91% | 0.08% | 0.52% | 0.97% | 0.44% | -0.81% | -2.00% | 0.60% | 0.53% | 0.30% | -1.34% | 0.89% | 1.05% |
| 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% | 5.71% |
| 2019 | 0.46% | 0.15% | 0.30% | 0.98% | -0.52% | 0.00% | 0.75% | 0.22% | 0.07% | 0.45% | 0.44% | 0.47% | 3.83% |
| 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% | 2.32% |
| 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% | 2.87% |
| 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% | 3.60% |
| 2015 | 0.31% | 0.31% | 0.53% | 0.46% | 0.23% | -1.28% | -0.08% | -0.15% | -1.15% | 0.93% | 0.23% | 0.59% | 0.90% |
| 2014 | -0.08% | 0.08% | -0.54% | 0.31% | 0.23% | 0.86% | 0.08% | 0.15% | -0.46% | -0.62% | 0.78% | 0.86% | 1.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, ARBNX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for The Arbitrage Fund Class Institutional (ARBNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
The Arbitrage Fund Class Institutional provided a 1.14% dividend yield over the last twelve months, with an annual payout of $0.16 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.16 | $0.28 | $0.49 | $0.07 | $0.89 | $0.28 | $0.25 | $0.50 | $0.12 | $0.30 | $0.03 |
Dividend yield | 1.14% | 1.18% | 2.11% | 3.86% | 0.51% | 6.69% | 2.12% | 1.93% | 3.80% | 0.93% | 2.30% | 0.24% |
Monthly Dividends
The table displays the monthly dividend distributions for The Arbitrage Fund Class Institutional. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $0.89 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.50 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2014 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the The Arbitrage Fund Class Institutional. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the The Arbitrage Fund Class Institutional was 14.42%, occurring on Oct 9, 2008. Recovery took 142 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.42% | May 16, 2008 | 101 | Oct 9, 2008 | 142 | May 5, 2009 | 243 |
| -11.91% | Feb 21, 2020 | 19 | Mar 18, 2020 | 29 | Apr 29, 2020 | 48 |
| -10.3% | Mar 8, 2004 | 110 | Aug 12, 2004 | 399 | Mar 14, 2006 | 509 |
| -7.44% | Jun 7, 2021 | 261 | Jun 16, 2022 | 334 | Oct 16, 2023 | 595 |
| -5.68% | Apr 13, 2010 | 28 | May 20, 2010 | 190 | Feb 18, 2011 | 218 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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