- What does AQMIX invest in?
- The AQR Managed Futures Strategy Fund, guided by its adviser, strategically deploys its capital across four core asset categories: commodities, currencies, fixed income, and equities. To gain exposure to these markets, the fund employs a wide array of derivative instruments, numbering in the hundreds. These encompass various futures, forwards, and swaps targeting diverse areas such as commodity prices, foreign exchange rates, equity indexes (including volatility), bond yields, interest rates, and credit default risks. It is important to note that this fund is classified as non-diversified.
- What is the expense ratio of AQMIX?
- AQR Managed Futures Strategy Fund (AQMIX) charges an expense ratio of 3.09%. This is the annual fee deducted from fund assets to cover management and operations.
- What is AQMIX's dividend yield?
- AQMIX's trailing-twelve-month yield is 2.02%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of AQMIX?
- Effective duration measures AQMIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AQMIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of AQMIX?
- AQMIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of AQMIX?
- Yield to maturity (YTM) is the total return you'd earn from AQMIX if every bond in the portfolio is held to maturity at the current price. AQMIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
