# 361 Global Long/Short Equity Fund - Investor Class (AGAQX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/agaqx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2014-12-16 The fund aims to dedicate at least 80% of its net assets, including capital obtained through borrowing for investment, to equity instruments such as common stocks, warrants, and rights. Its investment universe spans equity securities from both domestic (U.S.) and international issuers, irrespective of their market capitalization. Ordinarily, the fund diversifies across a minimum of three distinct countries, ensuring that at least 40% of its net assets are committed to securities from non-U.S. domiciled companies. ## Key Facts | Metric | Value | |---|---| | Price | $10.83 | | Expense Ratio | 3.09% | | Assets Under Management | $56.0M | | NAV | $10.83 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.82 – $12.86 | | Beta | 0.42 | ## Latest Distribution - Amount: $0.1263 /share - Ex-date: 2025-03-25 - Pay date: — ## Frequently Asked Questions ### What does AGAQX invest in? The fund aims to dedicate at least 80% of its net assets, including capital obtained through borrowing for investment, to equity instruments such as common stocks, warrants, and rights. Its investment universe spans equity securities from both domestic (U.S.) and international issuers, irrespective of their market capitalization. Ordinarily, the fund diversifies across a minimum of three distinct countries, ensuring that at least 40% of its net assets are committed to securities from non-U.S. domiciled companies. ### What is the expense ratio of AGAQX? 361 Global Long/Short Equity Fund - Investor Class (AGAQX) charges an expense ratio of 3.09%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is AGAQX? 361 Global Long/Short Equity Fund - Investor Class (AGAQX) manages $56.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is AGAQX actively managed or an index fund? AGAQX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AGAQX's is 3.09%) in exchange for the discretion to over- or under-weight positions. ### When was AGAQX launched? 361 Global Long/Short Equity Fund - Investor Class (AGAQX) launched in December 2014 and is managed by the fund issuer. ### How has AGAQX performed? AGAQX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does AGAQX pay a dividend? 361 Global Long/Short Equity Fund - Investor Class (AGAQX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does AGAQX pay dividends? 361 Global Long/Short Equity Fund - Investor Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is AGAQX's dividend yield? AGAQX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is AGAQX's next ex-dividend date? The most recently announced ex-dividend date for AGAQX was 2025-03-25. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will AGAQX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does AGAQX charge its expense ratio? The expense ratio is deducted in tiny daily slices from AGAQX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does AGAQX cost more than a fund like VOO? AGAQX is actively managed (current expense ratio 3.09%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether AGAQX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AGAQX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as AGAQX (3.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/agaqx - Distribution history: https://www.dividenddata.com/funds/agaqx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/agaqx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/agaqx/expenses - Peer comparison: https://www.dividenddata.com/funds/agaqx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.