AQR Style Premia Alternative LV R6
Name
As of 12/18/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-12.8%
1 yr return
-14.3%
3 Yr Avg Return
-7.2%
5 Yr Avg Return
-2.8%
Net Assets
$29.7 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 157.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/18/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QSLRX - Profile
Distributions
- YTD Total Return -12.8%
- 3 Yr Annualized Total Return -7.2%
- 5 Yr Annualized Total Return -2.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.59%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAQR Style Premia Alternative LV Fund
-
Fund Family NameAQR Funds
-
Inception DateSep 17, 2014
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrea Frazzini
Fund Description
QSLRX - Performance
Return Ranking - Trailing
Period | QSLRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.8% | -28.3% | 302.7% | 89.76% |
1 Yr | -14.3% | -28.4% | 27.4% | 93.88% |
3 Yr | -7.2%* | -17.9% | 12.3% | 93.26% |
5 Yr | -2.8%* | -10.6% | 10.2% | 93.53% |
10 Yr | N/A* | -0.5% | 5.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | QSLRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.8% | -10.2% | 27.3% | 92.25% |
2022 | -5.4% | -20.8% | 10.9% | 46.77% |
2021 | 1.6% | -12.4% | 29.4% | 72.02% |
2020 | 0.2% | -10.5% | 15.8% | 53.14% |
2019 | 2.3% | -22.0% | 6.0% | 3.68% |
Total Return Ranking - Trailing
Period | QSLRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.8% | -28.3% | 302.7% | 89.76% |
1 Yr | -14.3% | -28.4% | 27.4% | 93.20% |
3 Yr | -7.2%* | -17.9% | 12.3% | 93.26% |
5 Yr | -2.8%* | -10.6% | 10.2% | 93.53% |
10 Yr | N/A* | -0.5% | 5.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | QSLRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.8% | -10.2% | 27.3% | 92.25% |
2022 | -5.4% | -20.8% | 10.9% | 55.24% |
2021 | 1.6% | -8.4% | 29.4% | 83.03% |
2020 | 0.2% | -5.9% | 18.0% | 62.80% |
2019 | 2.3% | -22.0% | 9.2% | 6.13% |
NAV & Total Return History
QSLRX - Holdings
Concentration Analysis
QSLRX | Category Low | Category High | QSLRX % Rank | |
---|---|---|---|---|
Net Assets | 29.7 M | 1.34 M | 5.41 B | 80.82% |
Number of Holdings | 2331 | 4 | 3106 | 5.98% |
Net Assets in Top 10 | 33.3 M | -91.4 M | 2.69 B | 61.79% |
Weighting of Top 10 | N/A | 8.3% | 100.0% | 1.15% |
Top 10 Holdings
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
- JPN 10Y BOND(OSE) BOND 14/DEC/2020 JBZ0 COMDTY 42.28%
Asset Allocation
Weighting | Return Low | Return High | QSLRX % Rank | |
---|---|---|---|---|
Cash | 120.63% | -9406.09% | 494.28% | 2.66% |
Other | 22.51% | -2.59% | 78.88% | 15.95% |
Stocks | 0.91% | -24.27% | 208.15% | 90.70% |
Preferred Stocks | 0.00% | -0.12% | 52.62% | 49.83% |
Convertible Bonds | 0.00% | 0.00% | 84.90% | 69.10% |
Bonds | -44.05% | -419.77% | 9482.07% | 97.01% |
Stock Sector Breakdown
Weighting | Return Low | Return High | QSLRX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 16.97% | 10.92% |
Technology | 0.00% | 0.00% | 100.00% | 15.20% |
Real Estate | 0.00% | 0.00% | 78.90% | 32.98% |
Industrials | 0.00% | 0.00% | 22.91% | 5.78% |
Healthcare | 0.00% | 0.00% | 54.70% | 15.20% |
Financial Services | 0.00% | 0.00% | 48.85% | 27.41% |
Energy | 0.00% | 0.00% | 100.00% | 1.71% |
Communication Services | 0.00% | 0.00% | 23.22% | 16.27% |
Consumer Defense | 0.00% | 0.00% | 23.90% | 21.20% |
Consumer Cyclical | 0.00% | 0.00% | 29.68% | 4.50% |
Basic Materials | 0.00% | 0.00% | 25.11% | 8.78% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | QSLRX % Rank | |
---|---|---|---|---|
US | 10.94% | -15.91% | 208.15% | 62.79% |
Non US | -10.03% | -23.77% | 34.41% | 94.02% |
Bond Sector Breakdown
Weighting | Return Low | Return High | QSLRX % Rank | |
---|---|---|---|---|
Government | 44.39% | 0.00% | 86.44% | 15.28% |
Cash & Equivalents | 36.15% | 0.27% | 100.00% | 48.17% |
Derivative | 19.46% | 0.00% | 91.28% | 18.94% |
Securitized | 0.00% | 0.00% | 89.57% | 67.77% |
Corporate | 0.00% | 0.00% | 93.88% | 79.07% |
Municipal | 0.00% | 0.00% | 25.47% | 38.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | QSLRX % Rank | |
---|---|---|---|---|
US | 56.86% | -24.79% | 3035.20% | 19.93% |
Non US | -100.91% | -528.06% | 6446.87% | 97.01% |
QSLRX - Expenses
Operational Fees
QSLRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.32% | 0.29% | 31.15% | 77.85% |
Management Fee | 0.65% | 0.00% | 2.50% | 21.38% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
QSLRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
QSLRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
QSLRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 157.00% | 0.00% | 496.00% | 59.92% |
QSLRX - Distributions
Dividend Yield Analysis
QSLRX | Category Low | Category High | QSLRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.15% | 22.70% |
Dividend Distribution Analysis
QSLRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
QSLRX | Category Low | Category High | QSLRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.59% | -1.93% | 6.83% | 26.64% |
Capital Gain Distribution Analysis
QSLRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2018 | $0.016 | |
Dec 21, 2017 | $0.553 | |
Dec 21, 2016 | $0.289 | |
Dec 22, 2015 | $0.167 |
QSLRX - Fund Manager Analysis
Managers
Andrea Frazzini
Start Date
Tenure
Tenure Rank
Sep 17, 2014
6.21
6.2%
Andrea is a Principal on AQR’s Global Stock Selection team, focusing on research and portfolio management of the Firm’s Long/Short and Long-Only equity strategies. He is also an Adjunct Professor of Finance at New York University’s Stern School of Business. He has published in top academic journals and won several awards for his research, including the Smith Breeden Award, the Fama-DFA award, the BGI best paper award, several Bernstein Fabozzi/Jacobs Levy Awards, and the PanAgora Crowell Memorial Prize. Prior to AQR in 2008, Andrea was an associate professor of finance at the University of Chicago’s Graduate School of Business and a Research Associate at the National Bureau of Economic Research. He also served as a consultant for DKR Capital Partners and J.P. Morgan Securities and on the board of directors of the Center for Research in Security Prices at the University of Chicago. He earned a B.S. in economics from the University of Roma Tre, an M.S. in economics from the London School of Economics and a Ph.D. in economics from Yale University.
Ronen Israel
Start Date
Tenure
Tenure Rank
Sep 17, 2014
6.21
6.2%
Ronen Israel, M.A., is a Principal of AQR Capital Management. Mr. Israel joined AQR Capital Management in 1999, is the Co-Head of Portfolio Management, Research, Risk and Trading and is a member of the firm’s Executive Committee. Prior to joining AQR, Ronen was a Senior Analyst at Quantitative Financial Strategies, Inc., a quantitative investment management firm, specializing in currencies and global macro strategies, with $2.5 billion under management. Before that, he worked as a management consultant, specializing in building out financial systems for financial services firms. Ronen received an MA in Mathematics, specializing in mathematical finance, from Columbia University, a BS in Economics from The Wharton School at the University of Pennsylvania and a BAS in Biomedical Science from the School of Engineering and Applied Science at the University of Pennsylvania.
Michael Katz
Start Date
Tenure
Tenure Rank
Sep 17, 2014
6.21
6.2%
Michael Katz, Ph.D., A.M., is a Principal of the Adviser. Dr. Katz joined the Adviser in 2007 and is Head of the Portfolio Implementation and Implementation Research team where he oversees the implementation of the Adviser’s products and models and enhancement of the implementation process. He earned a B.A. in economics and a B.A. in Middle East history, both with honors, at Tel Aviv University, and a M.A. and a Ph.D., both in economics, from Harvard University.
Yao Ooi
Start Date
Tenure
Tenure Rank
Jan 01, 2020
0.92
0.9%
Yao Hua Ooi is a Principal at AQR Capital Management, where he is the Head of our Macro and Multi-Strategy team. In this role, he leads the Research and Portfolio Management teams focused on AQR’s macro and multi-strategy funds, including the firm’s Managed Futures, Risk Parity, Alternative Risk Premia, Multi-Strategy, Multi-Asset and Global Macro products. His research has been published in the Journal of Financial Economics, the Journal of Portfolio Management, the Financial Analysts Journal and the Journal of Investment Management. He was named the 2013 Alternatives Fund Manager of the Year by Morningstar for his work on managed futures, and shared the 2013 Whitebox Prize for his work on time series momentum. Yao Hua earned a B.S. in economics and a B.S. in engineering from the Jerome Fisher Program in Management and Technology at the University of Pennsylvania, graduating summa cum laude.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 17.04 | 4.34 | 3.42 |