Water Island Event-Driven Fund ClassR

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.

The current price of AEDFX fund is 12.17 USD — it has increased by 0.08% in the past 24 hours. Watch AEDFX fund price performance more closely on the advanced chart.

AEDFX fund has decreased by 0.00% in the past week, has increased by 1.00% in the past month, and has increased by 6.10% in the past year. See more data on AEDFX fund chart.

As of 29 Jun 2025, the largest holdings include Hess Corp, Amedisys Inc, State Street Institutional US Government Money Market Fund, Morgan Stanley Institutional Liquidity Funds - Government Portfolio, ChampionX Corp, HE Equipment Services Inc. See the full list of AEDFX fund holdings.

The AEDFX fund consists of 10 holdings, including Hess Corp, Amedisys Inc, State Street Institutional US Government Money Market Fund and others. See the full list of AEDFX fund holdings.

As of 29 Jun 2025, the AEDFX fund consists of 10 holdings. See the full list of AEDFX fund holdings.

The AEDFX fund sectors include - and more.

The easiest way to buy AEDFX fund is through an online broker. Some of the popular names are Vanguard, Fidelity, Schwab. Simply open an account, follow the procedures, and start trading. Alternatively, you can practice trading FUNDSs on Profit.com in Playtrade Tournaments or choose a recommended broker to trade directly.