AEDNX:NASDAQ
Water Island Event-Driven Fund Class I – AEDNX Fund Overview
| Last Price | Today's Change | 52-Week Range | Trading Volume |
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| 12.20 | 0.00 (0.00%) | 11.46 - 12.20 | -- |
Market data as of 12:00AM 04/02/25. Quotes are delayed by at least 15 min.
Overview - AEDNX
The investment seeks to achieve capital growth.
The fund invests in equity and debt and debt-like instruments (including high yield bonds commonly known as "junk bonds") of companies whose prices the fund's investment adviser believes are or will be impacted by a corporate event. Specifically, the fund employs investment strategies designed to capture price movements generated by corporate events such as mergers, acquisitions, asset sales, restructurings, refinancings, recapitalizations, reorganizations or other special situations (referred to as "event-driven opportunities"). It is non-diversified.
Growth of $10,000 (10 Years)
| Total Return | 2.81% |
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| Yield (Trailing 12 Mo.) | 0.19% |
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| Expense Ratio | 1.50% |
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| Front Load | None |
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| Deferred Load | None |
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| Minimum Investment | $100,000 |
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| Management Tenure | 14 Years |
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| Fund Inception | 10/01/2010 |
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Trailing Total Returns - AEDNX
as of 02/28/2025
| Timeframe | AEDNX | S&P 500 | Event Driven |
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| 1 Month | 1.33% | -1.30% | 0.76% |
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| 3 Month | 2.38% | -0.97% | 1.37% |
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| Year-to-Date | 2.52% | 1.44% | 1.51% |
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| 1 Year | 5.48% | 18.41% | 6.11% |
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| 3 Year | 3.64% | 12.55% | 3.05% |
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| 5 Year | 4.88% | 16.85% | 4.29% |
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| 10 Year | 2.83% | 12.98% | 3.32% |
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| Since Inception | 2.81% | 11.12% | -- |
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Sector Allocation - AEDNX
as of 02/28/2025
| Basic Materials | | 9.74% |
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| Consumer Cyclical | | 4.50% |
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| Financial Services | | 4.20% |
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| Real Estate | | 0.00% |
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| Consumer Defensive | | 9.92% |
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| Healthcare | | 16.81% |
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| Utilities | | 0.00% |
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| Communication Services | | 8.50% |
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| Energy | | 14.44% |
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| Industrials | | 5.19% |
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| Technology | | 26.72% |
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Asset Allocation - AEDNX
as of 02/28/2025
| By Percent | Short | 0% | Long | Net |
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| Stock | 3.87 | | | 69.66 | 65.79 |
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| Bond | 0.00 | | | 12.07 | 12.07 |
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| Other | 11.52 | | | 11.53 | 0.01 |
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| Foreign Stock | 0.07 | | | 4.13 | 4.06 |
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| Foreign Bond | 0.00 | | | 2.07 | 2.07 |
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| Total | 15.46 | | | 99.46 | 84.00 |
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| Cash | 0.00 | | | 12.13 | 12.13 |
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| Total Net Assets | $69.60M |
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| Total Stock Holdings | 49 |
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| Total Bond Holdings | 9 |
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Top Ten Holdings - AEDNX
as of 02/28/2025
| Company | YTD Return | % of Assets |
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| Cvxmss Trs Usd P E Cvxmss Trs Re | -- | 6.91% |
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| Cvxmss Trs Usd R V 00mfedl0 Fedl01 -40bps | -- | 6.71% |
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| HES | -- | 6.12% |
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| AMED | -- | 5.47% |
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| Slbmss Trs Usd R V 00mfedl Fedl01/-40 Bps | -- | 4.83% |
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| Slbmss Trs Usd P E Slbmss Us Pay Equity | -- | 4.61% |
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| HashiCorp Inc Ordinary Shares Class A | -- | 4.53% |
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| K | -- | 4.53% |
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| CHX | -- | 4.42% |
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| JNPR | -- | 3.89% |
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Valuation & Growth - AEDNX
as of 02/28/2025
| Valuation | AEDNX | Category Range |
|---|
| Price/Earnings | 21.46 | |
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| Price/Book | 2.45 | |
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| Price/Sales | 1.23 | |
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| Price/Cash Flow | 10.92 | |
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| Dividend Yield | 1.01 | |
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| LT Earnings | 11.7 | |
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| Historical Earnings | | |
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| Sales Growth | 3.33 | |
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| Cash-Flow Growth | -2.81 | |
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| Book-Value Growth | 10.25 | |
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