Absolute Convertible Arbitrage Fund Quote
| ARBOX Fund | USD 11.42 0.01 0.09% |
PerformanceExcellent
| Odds Of DistressLow
|
Absolute Convertible is trading at 11.42 as of the 25th of March 2025; that is 0.09 percent increase since the beginning of the trading day. The fund's open price was 11.41. Absolute Convertible has less than a 12 % chance of experiencing some financial distress in the next two years of operation and had a excellent performance during the last 90 days. The performance scores are derived for the period starting the 25th of December 2024 and ending today, the 25th of March 2025. Click here to learn more.
The fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies. Absolute Convertible is traded on NASDAQ Exchange in the United States. More on Absolute Convertible Arbitrage
Moving together with Absolute Mutual Fund
Absolute Mutual Fund Highlights
| Update Date | 31st of March 2025 |
Absolute Convertible Arbitrage [ARBOX] is traded in USA and was established 25th of March 2025. Absolute Convertible is listed under Absolute Investment Advisers category by Fama And French industry classification. The fund is listed under Relative Value Arbitrage category and is part of Absolute Investment Advisers family. The entity is thematically classified as Convertibles Funds. Absolute Convertible presently has accumulated 984.69 M in assets under management (AUM) with no minimum investment requirements with the current yeild of 0.03%.
Check Absolute Convertible Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Absolute Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Absolute Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Absolute Convertible Arbitrage Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Absolute Convertible Arbitrage Mutual Fund Constituents
| SAIL | SailPoint, Common Stock | Stock | Software—Infrastructure |
Absolute Convertible Risk Profiles
| Mean Deviation | 0.0474 | |||
| Standard Deviation | 0.0551 | |||
| Variance | 0.003 | |||
| Risk Adjusted Performance | 0.3521 |
Absolute Convertible Against Markets
Other Information on Investing in Absolute Mutual Fund
Absolute Convertible financial ratios help investors to determine whether Absolute Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Absolute with respect to the benefits of owning Absolute Convertible security.
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