The Arbitrage Funds
NEWS

The Arbitrage Credit Opportunities Fund – Q1 2014 Quarterly Distribution
March 21, 2014
The Arbitrage Credit Opportunities Fund has made the following distribution for the first quarter of 2014 with a record date of 03/19/14, an ex-dividend/reinvest date of 03/20/14, and a payable date of 03/21/14:

  Institutional Class (ACFIX) Retail Class (ARCFX) Class A (AGCAX) Class C (ARCCX)
Ordinary Income $0.06360 $0.05751 $0.05891 $0.04422

 

The Arbitrage Funds 2013 Year-End Distributions
December 18, 2013
The Arbitrage Funds will be making the following year-end distribution payments for 2013 with a record date of 12/17/13, an ex-dividend/reinvest date of 12/18/13, and a payable date of 12/19/13:

  The Arbitrage Fund
  Ordinary
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Total
Institutional Class (ARBNX)
$0.00000 $0.00000 $0.05718 $0.05718
Retail Class (ARBFX)
$0.00000 $0.00000 $0.05718 $0.05718
C Class (ARBCX)
$0.00000 $0.00000 $0.05718 $0.05718
A Class (ARGAX)
$0.00000 $0.00000 $0.05718 $0.05718
 
  The Arbitrage Event-Driven Fund
  Ordinary
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Total
Institutional Class (AEDNX)
$0.07332 $0.00866 $0.00000 $0.08198
Retail Class (AEDFX)
$0.06391 $0.00866 $0.00000 $0.07257
C Class (AEFCX)
$0.04410 $0.00866 $0.00000 $0.05276
A Class (AGEAX)
$0.06291 $0.00866 $0.00000 $0.07157
 
  The Arbitrage Credit Opportunities Fund
  Ordinary
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Total
Institutional Class (ACFIX)
$0.07651 $0.00000 $0.00000 $0.07651
Retail Class (ARCFX)
$0.07405 $0.00000 $0.00000 $0.07405
C Class (ARCCX)
$0.05814 $0.00000 $0.00000 $0.05814
A Class (AGCAX)
$0.07372 $0.00000 $0.00000 $0.07372

 

The Arbitrage Credit Opportunities Fund – Q3 2013 Quarterly Distribution
September 17, 2013
The Arbitrage Credit Opportunities Fund will be making the following distribution for the third quarter of 2013 with a record date of 9/17/13, an ex-dividend/reinvest date of 9/18/13, and a payable date of 9/19/13:

  Institutional Class (ACFIX) Retail Class (ARCFX) Class A (AGCAX) Class C (ARCCX)
Ordinary Income $0.09772 $0.09053 $0.10402 $0.08122

 

Frequently Asked Questions Posted
July 8, 2013
Please see our Frequently Asked Questions for an inside look at how we’re striving to deliver best-in-class asset management services today and in the years to come.

 

The Arbitrage Credit Opportunities Fund – Q2 2013 Quarterly Distribution
June 19, 2013
The Arbitrage Credit Opportunities Fund will be making the following distribution for the second quarter of 2013 with a record date of 6/17/13, an ex-dividend/reinvest date of 6/18/13, and a payable date of 6/19/13:

  Institutional Class (ACFIX) Retail Class (ARCFX) Class A (AGCAX) C Class (ARCCX)
Ordinary Income $0.174100 $0.172880 $0.174200 $0.169440

 

The Arbitrage Funds Launch Class-A Shares
June 3, 2013
Effective June 1, 2013, The Arbitrage Funds launched new Class-A shares:

The Arbitrage Fund Class A
CUSIP: 03875R866
Ticker: ARGAX

The Arbitrage Event-Driven Fund Class A
CUSIP: 03875R858
Ticker: AGEAX

The Arbitrage Credit Opportunities Fund Class A
CUSIP: 03875R874
Ticker: AGCAX

If you have any questions regarding availability, please contact us.

 

The Arbitrage Credit Opportunities Fund – Q1 2013 Quarterly Distribution
March 17, 2013
The Arbitrage Credit Opportunities Fund will be making the following distribution for the first quarter of 2013 with a record date of 3/18/13, an ex-dividend/reinvest date of 3/19/13, and a payable date of 3/20/13:

  Institutional Class (ACFIX) Retail Class (ARCFX) C Class (ARCCX)
Ordinary Income $0.05375 $0.02780 $0.01998

 

The Arbitrage Fund Awarded 2013 Lipper Fund Award – Best Equity Market Neutral Fund, 5 Years
March 15, 2013
For the second consecutive year and the third time in five years, The Arbitrage Fund (ARBNX) has received the Lipper Fund Award for Best Equity Market Neutral Fund over five years, for the five-year period ending December 31, 2012.

Best Equity Market Neutral Fund Over 5 Years

Past performance does not guarantee future results.

Annually, Lipper, a Thompson Reuters company and an independent monitor of mutual funds, determines the fund classification winner over 3, 5 and 10 years based on the highest Lipper Leader for Consistent Return value within each eligible classification. Consistent Return reflects the funds historic returns, adjusted for volatility, relative to peers and relies on monthly data. As of 12/31/08, The Arbitrage Fund's Lipper numeric rankings for the 1-, 3-, 5-, and 10-year periods were N/A, 7 of 35, 1 of 23, and N/A, respectively; as of 12/31/11, the 1-, 3-, 5-, and 10-year periods were N/A, 11 of 50, 1 of 34, and N/A, respectively; as of 12/31/12, the 1-, 3-, 5-, and 10-year periods were N/A, 22 of 50, 1 of 32, and N/A, respectively. Lipper does not guarantee the accuracy of this information. Lipper rankings are not intended to predict future results.

The Fund uses investment techniques with risks that are different from the risks ordinarily associated with equity investments. Such techniques and strategies include merger arbitrage risks, high portfolio turnover risks, options risks, borrowing risks, short sale risks, non-diversification risks, and foreign investment risks, which may increase volatility and may increase costs and lower performance.

 

The Arbitrage Funds 2012 Year-End Distributions
December 18, 2012
The Arbitrage Funds will be making the following year-end distribution payments for 2012 with a record date of 12/17/12, an ex-dividend/reinvest date of 12/18/12, and a payable date of 12/19/12:

  The Arbitrage Fund
  Ordinary
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Total
Institutional Class (ARBNX)
$0.12732 $0.25800 $0.00000 $0.38532
Retail Class (ARBFX)
$0.09453 $0.25800 $0.00000 $0.35253
C Class (ARBCX)
$0.12732 $0.25800 $0.00000 $0.38532
 
  The Arbitrage Event-Driven Fund
  Ordinary
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Total
Institutional Class (AEDNX)
$0.09994 $0.15283 $0.00000 $0.25277
Retail Class (AEDFX)
$0.09818 $0.15283 $0.00000 $0.25101
C Class (AEFCX)
$0.08109 $0.15283 $0.00000 $0.23392
 
  The Arbitrage Credit Opportunities Fund
  Ordinary
Income
Short-Term
Capital Gains
Long-Term
Capital Gains
Total
Institutional Class (ACFIX)
$0.03366 $0.00000 $0.00000 $0.03366
Retail Class (ARCFX)
$0.02464 $0.00000 $0.00000 $0.02464
C Class (ARCCX)
$0.01062 $0.00000 $0.00000 $0.01062

Announcing The Arbitrage Credit Opportunities Fund
October 1, 2012
Water Island Capital is pleased to announce the latest addition to The Arbitrage Funds series trust, The Arbitrage Credit Opportunities Fund. Launching October 1, 2012, the fund is a pure-play credit implementation of Water Island Capital's broader event-driven style. For more information, please visit the Mutual Funds section of this site.

The Arbitrage Funds Launch Class-C Shares
June 4, 2012
Effective June 1, 2012, The Arbitrage Fund and The Arbitrage Event-Driven Fund launched new Class-C shares:

The Arbitrage Fund Class C
CUSIP: 03875R502
Ticker: ARBCX

The Arbitrage Event-Driven Fund Class C
CUSIP: 03875R601
Ticker: AEFCX

If you have any questions regarding availability, please contact us.

The Arbitrage Fund Awarded 2012 Lipper Fund Award – Best Equity Market Neutral Fund, 5 Years
March 28, 2012
For the second time in four years, The Arbitrage Fund (ARBNX) has received a Lipper Award for the Best Equity Market Neutral Fund over the five year period ending December 31, 2011.

Past performance does not guarantee future results.

Annually, Lipper, a Thompson Reuters company and an independent monitor of mutual funds, determines the fund classification winner over 3, 5 and 10 years based on the highest Lipper Leader for Consistent Return value within each eligible classification. Consistent Return reflects the funds historic returns, adjusted for volatility, relative to peers and relies on monthly data. As of 12/31/11, The Arbitrage Fund’s Lipper numeric rankings for the 1-, 3-, 5-, and 10-year periods were N/A, 11 of 50, 1 of 34, and N/A, respectively. Lipper does not guarantee the accuracy of this information. Lipper rankings are not intended to predict future results.

The Fund uses investment techniques with risks that are different from the risks ordinarily associated with equity investments. Such techniques and strategies include merger arbitrage risks, high portfolio turnover risks, options risks, borrowing risks, short sale risks, non-diversification risks, and foreign investment risks, which may increase volatility and may increase costs and lower performance.

The Arbitrage Fund to Reopen to New Investors
March 12, 2012
We are pleased to announce The Arbitrage Fund (symbols ARBFX and ARBNX) will reopen to all investors on March 15, 2012 as outlined in the supplement to the prospectus. Please feel free to contact us if you have any questions or any trouble placing orders in the Fund on or after March 15.

 

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