AEDNX Mutual Fund

AEDNX Mutual Fund

NAV$13.38
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Fund Essentials - as of May 31, 2026

Net Assets
-
Expense Ratio
1.46%
Dividend Yield (Current)
0.91%
Holdings
149
Inception Date
Oct 1, 2010
Fund Family
Arbitrage Funds
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD+4.38%
1 Year+7.46%
3 Year+6.65%
5 Year+4.26%
10 Year+4.44%

Asset Allocation

Stocks: 72.34%
Bonds: 15.31%
Other: 12.35%
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Top Holdings

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TickerNameWeight
-Morgan Stanley Prime Broker Us15.67%
0RPW:LNJanus Henderson Group Plc Ordinary Shares4.71%
EAElectronic Arts, Inc.4.61%
EDREndeavor Energy4.07%
GTLSChart Industries Inc3.99%
Top 10 Concentration: 51.88%Report Date: May 31, 2026
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Dividend Summary

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Dividend Yield (Current)
0.91%
Frequency
Annually
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

AEDNX Mutual Fund Overview

AEDNX Mutual Fund (Water Island Event Driven Fund Class I) is managed by Arbitrage Funds. AEDNX expense ratio is 1.46%, holding 149 positions across sectors including Health Care, Industrials, Communication Services. Inception date: 2010-10-01.

AEDNX performance shows a YTD return of 4.38%. The 1-year return is 7.46% and the 5-year return is 4.26%. AEDNX dividend yield stands at 0.91%, paid annually.

AEDNX top holdings include Morgan Stanley Prime Broker Us (15.7%), Janus Henderson Group Plc Ordinary Shares (4.7%), Electronic Arts, Inc. (4.6%), Endeavor Energy (4.1%), Chart Industries Inc (4.0%). Go to all AEDNX holdings, AEDNX sectors, or AEDNX dividends.

AEDNX can be compared against other funds. Use AEDNX overlap to find shared positions, or AEDNX vs another fund for a side-by-side view. AEDNX alternatives are available via the screener, along with tax-loss harvesting opportunities.