# AQR Large Cap Defensive Style Fund (AUEIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/aueix 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: 2012-07-09 This fund employs a "defensive" investment approach. Its core objective is to mitigate potential losses during market downturns while still capturing opportunities for capital appreciation. This is achieved through a combination of diligent stock selection, stringent risk management protocols, and strategic portfolio diversification. Typically, the fund commits a minimum of 80% of its total net assets (which includes any borrowed funds used for investment) to equity securities issued by large-capitalization companies, under normal market circumstances. Although its primary emphasis is on th... ## Key Facts | Metric | Value | |---|---| | Price | $19.93 | | Expense Ratio | 0.59% | | AUM (All Share Classes) | $1.02B | | NAV | $19.93 | | Holdings Count | — | | Distribution Yield (TTM) | 20.10% | | Annual Distribution (TTM) | $4.01 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.60 – $21.95 | | Beta | 0.48 | ## Latest Distribution - Amount: $4.0067 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-18 ## Frequently Asked Questions ### What does AUEIX invest in? This fund employs a "defensive" investment approach. Its core objective is to mitigate potential losses during market downturns while still capturing opportunities for capital appreciation. This is achieved through a combination of diligent stock selection, stringent risk management protocols, and strategic portfolio diversification. Typically, the fund commits a minimum of 80% of its total net assets (which includes any borrowed funds used for investment) to equity securities issued by large-capitalization companies, under normal market circumstances. Although its primary emphasis is on these large-cap entities, the fund retains the flexibility to invest in companies across the entire market capitalization spectrum. From time to time, the investment adviser may, at their discretion, allocate capital to small- and mid-cap companies. ### What is the expense ratio of AUEIX? AQR Large Cap Defensive Style Fund (AUEIX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is AUEIX? AQR Large Cap Defensive Style Fund (AUEIX) is one share class of a fund that manages $1.02B across all of its share classes (AUENX, QUERX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is AUEIX actively managed or an index fund? AUEIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AUEIX's is 0.59%) in exchange for the discretion to over- or under-weight positions. ### When was AUEIX launched? AQR Large Cap Defensive Style Fund (AUEIX) launched in July 2012 and is managed by the fund issuer. ### How has AUEIX performed? AUEIX'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 AUEIX pay a dividend? AQR Large Cap Defensive Style Fund (AUEIX) currently distributes little or no income. Trailing-twelve-month yield is 20.10%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does AUEIX pay dividends? AQR Large Cap Defensive Style Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is AUEIX's dividend yield? AUEIX's trailing-twelve-month yield is 20.10%, calculated from the sum of dividends over the past year divided by the current price. ### When is AUEIX's next ex-dividend date? The most recently announced ex-dividend date for AUEIX was 2025-12-17. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will AUEIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.59% 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 AUEIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from AUEIX'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 AUEIX cost more than a fund like VOO? AUEIX is actively managed (current expense ratio 0.59%). 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 AUEIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AUEIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as AUEIX (0.59%) 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/aueix - Distribution history: https://www.dividenddata.com/funds/aueix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/aueix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/aueix/expenses - Peer comparison: https://www.dividenddata.com/funds/aueix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.