Arbitrage Fund Class C: (MF: ARBCX)
(NASDAQ Mutual Funds) As of Aug 30, 2024 08:00 PM ET
$11.86 USD
-0.01 (-0.08%)
Fund Description
The fund was incepted in May 1996 and is managed by Allied Investment funds. The fund seeks to achieve capital appreciation by investing primarily in a diversified group of large, well-established companies perceived as market leaders. Under normal circumstances, at least 80% of the fund's net assets are invested in equity securities of blue chip companies. The fund advisor defines blue chip companies as companies with operating histories of ten years or more and market capitalizations in excess of $5 billion. In addition, the advisor generally purchases stocks of companies that are recognized leaders in their respective markets. The fund may also, to a limited extent, purchase stocks of rapidly growing companies in developing industries, convertible and preferred stocks, and investment-grade fixed income securities. The fund offers dividends quarterly. Capital gains, if any, are distributed at least annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Arbitrage C | ARBCX | NA | NA | 1.00 | 1.00 | 1.06 | 2.31 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| The Arbitrage Fund I | ARBNX | 13.38 | 10/1/2003 | 0.24 | 6.84 | 2.73 | 3.12 |
| The Arbitrage Fund R | ARBFX | 12.83 | 9/19/2000 | 0.00 | 6.52 | 2.48 | 2.86 |
| The Arbitrage Fund C | ARBCX | 11.86 | 6/1/2012 | 0.00 | 5.73 | 1.71 | 2.08 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Arbitrage C | ARBCX | 2000 | 0 | 2000 | A |
Contact Information
| Family | Arbitrage Fund |
| Address | 41 Madison Ave., Ste. 2802 New York, NY 10010 |
| Phone | 800 295-4485 |