ARGAX - Arbitrage A

Nasdaq - Nasdaq Delayed Price. Currency in USD

Arbitrage A

Arbitrage FundsC/O Sei Global Funds Services 1 Freedom Valley DriOaks, PA 19456
Management Information
John Orrico,Lead Manager since September 17, 2000
John Orrico, CFA, serves as Chief Investment Officer of t Water Island Capital, LLC. Prior to organizing Water Island in January 2000, Mr. Orrico assisted in the management of private trusts and entities employing merger arbitrage strategies. Mr. Orrico received a Bachelor's degree from Georgetown University in 1982 ??? with a double major in Finance and International Management. He received the Chartered Financial Analyst designation in 1988.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryMarket Neutral
Fund FamilyArbitrage Fund
Net Assets1.87B
YTD Return1.87%
Morningstar Rating★★★★
Inception DateMay 30, 2013

Fund Operations

Last Dividend0.00
Last Cap Gain0.00
Holdings Turnover363.00%
Average for CategoryN/A

Fees & Expenses

ExpenseARGAXCategory Average
Annual Report Expense Ratio (net)1.48%1.68%
Prospectus Net Expense Ratio1.51%N/A
Prospectus Gross Expense Ratio1.90%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales Load2.50%4.94%
Max Deferred Sales LoadN/A1.33%
3 Yr Expense Projection832N/A
5 Yr Expense Projection1,251N/A
10 Yr Expense Projection2,417N/A