Aqr Equity Market Neutral Fund Class N (QMNNX) Fund Details & Analysis

Fund Information

Fund Category Equity Market Neutral

Fund Family AQR Funds

Fund Style Large

ISIN US00191K7818

CUSIP 00191K781

Inception Date 2014-10-07

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $3.34 Billion

Share Class Net Assets $211.54 Million

Expense Ratio 5.73%

Expense Ratio Date 2025-05-01

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return 17.71%

3-Year Return 21.24%

5-Year Return 20.43%

NAV $11.69

Previous Close Price $11.70

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About AQR Equity Market Neutral Fund Class N

The fund is designed to be market- or beta-neutral, which means that the fund seeks to achieve returns that are not closely correlated with the returns of the equity markets in which the fund invests. Under normal market conditions, it pursues its investment objective by investing at least 80% of its net assets (including borrowings for investment purposes) in equity instruments and equity related and/or derivative instruments.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 24480.33%

Giant 22.18%

Large 59.70%

Medium 72.66%

Micro 3.16%

Small 35.55%

Value & Growth Metrics

Book-Value Growth % 5.65%

Cash-Flow Growth % 3.47%

Dividend Yield % 2.47%

Historical Earnings % 3.12%

Long-Term Earnings % 9.71%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	7.73%	7.73%	0.00%	11.34%	77.92%
Cash	29.49%	43.66%	14.17%	71.94%	0.00%
Non US Stock	15.21%	87.31%	72.09%	97.21%	8.20%
Not Classified	-0.74%	0.00%	0.74%	0.00%	0.00%
Other	47.23%	47.23%	0.00%	7.05%	2.01%
US Stock	1.07%	106.65%	105.58%	97.99%	11.87%

Top Holdings

Name	Weight	Owned	Change
Limited Purpose Cash Investment Fund	48.37%	-	-
U.S. Treasury Bills	2.35%	-	-

See the full breakdown of QMNNX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	2.99%	60.39%	8.21%	0.00%
Bond Sector	Corporate	2.99%	0.09%	0.00%	18.10%
Bond Sector	Derivative	2.99%	0.34%	27.41%	0.00%
Bond Sector	Government	2.99%	35.33%	64.39%	51.18%
Bond Sector	Municipal	2.99%	0.00%	0.00%	0.03%
Bond Sector	Securitized	2.99%	3.85%	0.00%	30.69%
Cyclical	Basic Materials	4.49%	6.31%	0.00%	4.84%
Cyclical	Consumer Cyclical	13.84%	11.10%	0.00%	9.89%
Cyclical	Financial Services	18.30%	17.10%	0.00%	19.70%
Cyclical	Real Estate	2.02%	3.44%	0.00%	8.19%
Defensive	Consumer Defensive	5.42%	5.75%	0.00%	5.41%
Defensive	Healthcare	12.35%	9.12%	0.00%	9.88%
Defensive	Utilities	2.99%	4.14%	0.00%	2.98%
Sensitive	Communication Services	4.51%	5.48%	0.00%	5.29%
Sensitive	Energy	3.51%	4.86%	0.00%	3.93%
Sensitive	Industrials	18.63%	19.08%	0.00%	12.16%
Sensitive	Technology	13.94%	13.63%	0.00%	17.74%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	1.24%	0.26%	0.93%
Americas	North America	54.47%	57.95%	62.76%
Greater Asia	Asia Developed	1.70%	0.39%	4.31%
Greater Asia	Asia Emerging	0.88%	0.15%	5.02%
Greater Asia	Australasia	3.07%	2.85%	1.92%
Greater Asia	Japan	16.16%	14.25%	6.75%
Greater Europe	Africa/Middle East	0.44%	-	1.33%
Greater Europe	Europe Developed	16.04%	19.97%	12.97%
Greater Europe	Europe Emerging	0.11%	-	0.28%
Greater Europe	United Kingdom	5.89%	4.18%	3.74%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-17	$0.594	$0.594	USD	-	-	-	-
2023-12-18	$1.794	$1.794	USD	-	2023-12-15	2023-12-19	Annual
2022-12-19	$0.500	$0.500	USD	2022-12-19	2022-12-16	2022-12-20	Annual
2018-12-19	$0.052	$0.052	USD	2018-12-19	2018-12-18	2018-12-20	Annual
2017-12-20	$0.411	$0.411	USD	2017-12-20	2017-12-19	2017-12-21	Annual
2016-12-20	$0.141	$0.141	USD	2016-12-20	2016-12-19	2016-12-21	Other
2015-12-21	$0.275	$0.275	USD	2015-12-21	2015-12-18	2015-12-22	Other
2014-12-19	$0.580	$0.580	USD	2014-12-19	2014-12-18	2014-12-22	Other

AQR Equity Market Neutral Fund Class N NMFQS:QMNNX