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Arbitrage I (ARBNX) Fund Ranking and Research

Ranking, Research and Recommendation of Arbitrage I (ARBNX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Arbitrage I Fund (ARBNX) ManagerFund Manager - John S. Orrico

Fund Manager Information

Fund Manager Tenure: 19.0 years
Similar Funds: ARBFX 
Fund Family: Arbitrage Fund
Fund Category: Market Neutral
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.73)     (What does this score mean?)

 

Graph of Arbitrage I Fund (ARBNX) ProfileArbitrage I Fund (ARBNX) Profile

Fund Profile and Description

Arbitrage I Fund seeks to achieve capital growth by engaging in merger arbitrage. Arbitrage I Fund normally invests at least 80% of net assets in equity securities of companies (both domestic and foreign) that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Equity securities include common and preferred stock. It may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies.

 

Arbitrage I (ARBNX) Fund Strength What we like about Arbitrage I (ARBNX) Fund

Data for Arbitrage I Fund (ARBNX) as of May 30, 2016

  • Arbitrage I Fund (ARBNX) management has been with Arbitrage I Fund for 19.0 years
  • Arbitrage I Fund (ARBNX) has good short-term performance (1-year return 1.16% vs -0.96% Market Neutral category median performance)
  • Arbitrage I Fund (ARBNX) has good mid-term performance (3-year return 2.01% vs 0.90% Market Neutral category median performance)
  • Arbitrage I Fund (ARBNX) has good Long-term performance (5-year return 1.89% vs 0.81% Market Neutral category median performance)
  • Arbitrage I Fund (ARBNX) ratio of up-years vs down years is greater than 2
  • Arbitrage I Fund (ARBNX) has a Morningstar rating of 4 and above
  • Arbitrage I Fund (ARBNX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.78, lower than category average of 3.93
  • Arbitrage I Fund (ARBNX) has a lower expense ratio than its Market Neutral average: 1.20% vs 1.73%
  • Arbitrage I Fund (ARBNX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Arbitrage I Fund (ARBNX) Weakness What we are cautious about Arbitrage I (ARBNX) Fund

Data for Arbitrage I Fund (ARBNX) as of May 30, 2016

  • Arbitrage I Fund (ARBNX) has an annual stock turnover rate of 514.00% that is higher than the Market Neutral average of 187.85%. This could mean Arbitrage I is more nimble, but also signal potential high tax impact and high trading fees
See Arbitrage I Fund (ARBNX) performance details as of May 30, 2016

 

What do you think?

 

Compare Arbitrage I Fund (ARBNX)Compare with other top Market Neutral category mutual funds

Aadditional top Market Neutral mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Arbitrage I2.101.162.011.89
Calamos Market Neutral Income I (CMNIX)1.740.802.953.39Compare
Gabelli ABC AAA (GABCX)1.091.632.172.63Compare
Calamos Market Neutral Income R (CVSRX)1.520.302.462.87Compare

See top fund managers for Market Neutral Category Funds

 

Compare Arbitrage I Fund (ARBNX)Compare with Market Neutral category ETFs

Some Market Neutral ETFs for your consideration

ETFYear to DateOne YearThree Year
QuantShares US Market Neut Momentum (MOM)-7.74%2.74%1.57%
IQ Merger Arbitrage ETF (MNA)000
QuantShares US Market Neut Anti-Beta (BTAL)000
ProShares RAFI Long/Short (RALS)1.18%-2.53%-0.87%

 

Graph of Arbitrage I Fund (ARBNX) Net Asset TrackingArbitrage I (ARBNX) Fund Net Asset

Track net asset change of Arbitrage I fund (ARBNX)

DateNet Asset
05/2016$1.87B
03/2016$1.99B
02/2016$1.97B
More historic net asset information on Arbitrage I Fund (ARBNX)

  

Graph of Arbitrage I Fund (ARBNX) Portfolio TrackingArbitrage I (ARBNX) Fund Portfolio Allocation

Track portfolio allocation change of Arbitrage I fund (ARBNX)

DateCashStockBondOther
02/201639.31%58.96%0%1.74%
11/201522.63%72.91%0%4.45%
05/201542.05%57.58%0%0.37%
Click here to see more historic asset allocation information on Arbitrage I Fund (ARBNX)

 

graph of Arbitrage I Fund (ARBNX) Top 10 Position TrackingTop 10 Holdings in Arbitrage I (ARBNX) Fund

Discover what Arbitrage I Fund (ARBNX) manager is buying

Feb 28, 2016
PartnerRe Ltd [8.82%]
Keurig Green Mountain, Inc. [4.41%]
Cameron International Corporati [3.33%]
StanCorp Financial Group Inc [3.19%]
Solera Holdings Inc [2.97%]
Time Warner Cable Inc Common St [2.8%]
TNT EXPRESS [2.63%]
Schlumberger N.V. Common Stock [2.61%]
Heartland Payment Systems, Inc. [2.38%]
Health Net Inc [2.38%]

Nov 29, 2015
PartnerRe Ltd. Common Stock [7.52%]
Precision Castparts Corporation [6.63%]
Chubb Corporation (The) Common [4.35%]
Cytec Industries Inc [4.35%]
Health Net Inc. Common Stock [4.16%]
Symetra Financial Corporation C [3.11%]
HomeAway, Inc. [2.79%]
Strategic Hotels & Resorts Inc [2.78%]
Ansaldo Sts [2.56%]
Alent PLC [2.53%]

May 30, 2015
DIRECTV [9.17%]
Westrock Company Common Stock [8.7%]
Meadwestvaco Corporation Common [8.65%]
AT&T Inc. [6.63%]
Hospira Inc [6.4%]
Life Time Fitness Inc [5.06%]
Catamaran Corp [4.92%]
Sigma-Aldrich Corporation [4.39%]
Informatica Corporation [3.92%]
Jazztel PLC [3.86%]
Click here for Stock Holding Change Map in Arbitrage I Fund (ARBNX)

  

Latest News on Arbitrage I (ARBNX) Fund

See what is happening with Arbitrage I Fund (ARBNX)

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