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The Arbitrage Fund Class Institutional (ARBNX)

Mutual Fund · Currency in USD · Last updated Jun 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$12.92
Year Range$12.57 - $13.45
EMA (50)$12.97
EMA (200)$13.15

ARBNXShare Price Chart


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ARBNXPerformance

The chart shows the growth of $10,000 invested in The Arbitrage Fund Class Institutional on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,037 for a total return of roughly 30.37%. All prices are adjusted for splits and dividends.


ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)

ARBNXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-1.22%-6.21%
YTD-2.78%-18.17%
6M-2.42%-17.47%
1Y-4.02%-8.89%
5Y2.11%10.04%
10Y2.06%11.28%

ARBNXMonthly Returns Heatmap


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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 -0.82. 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.


ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)

ARBNXDividend History

The Arbitrage Fund Class Institutional granted a 0.53% 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

0.53%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.


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 9.55%. 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.


ARBNX (The Arbitrage Fund Class Institutional)
Benchmark (^GSPC)

Portfolios with The Arbitrage Fund Class Institutional


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