Water Island Event-Driven Fund Class I

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 AEDNX fund is 12.98 USD — it has increased by 0.62% in the past 24 hours. Watch AEDNX fund price performance more closely on the advanced chart.

AEDNX fund has decreased by 0.00% in the past week, has increased by 1.01% in the past month, and has increased by 8.53% in the past year. See more data on AEDNX fund chart.

As of 09 Apr 2026, the largest holdings include MORGAN STANLEY PRIME BROKER US, Frontier Communications Holdings LLC, CyberArk Software Ltd, Electronic Arts Inc, Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Endeavor Group Holdings Inc. See the full list of AEDNX fund holdings.

The AEDNX fund consists of 9 holdings, including MORGAN STANLEY PRIME BROKER US, Frontier Communications Holdings LLC, CyberArk Software Ltd and others. See the full list of AEDNX fund holdings.

As of 09 Apr 2026, the AEDNX fund consists of 9 holdings. See the full list of AEDNX fund holdings.

The AEDNX fund sectors include - and more.

The easiest way to buy AEDNX 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.