|
Class |
Ticker
Symbol |
AQR
Alternative Risk Premia Fund |
N |
QRPNX |
|
I |
QRPIX |
|
R6 |
QRPRX |
AQR
Diversified Arbitrage Fund |
N |
ADANX |
|
I |
ADAIX |
|
R6 |
QDARX |
AQR
Equity Market Neutral Fund |
N |
QMNNX |
|
I |
QMNIX |
|
R6 |
QMNRX |
AQR
Long-Short Equity Fund |
N |
QLENX |
|
I |
QLEIX |
|
R6 |
QLERX |
AQR
Macro Opportunities Fund |
N |
QGMNX |
|
I |
QGMIX |
|
R6 |
QGMRX |
AQR
Managed Futures Strategy Fund |
N |
AQMNX |
|
I |
AQMIX |
|
R6 |
AQMRX |
AQR
Managed Futures Strategy HV Fund |
N |
QMHNX |
|
I |
QMHIX |
|
R6 |
QMHRX |
AQR
Multi-Asset Fund |
N |
AQRNX |
|
I |
AQRIX |
|
R6 |
AQRRX |
AQR
Risk-Balanced Commodities Strategy Fund |
N |
ARCNX |
|
I |
ARCIX |
|
R6 |
QRCRX |
AQR
Style Premia Alternative Fund |
N |
QSPNX |
|
I |
QSPIX |
|
R6 |
QSPRX |
AQR
Sustainable Long-Short Equity Carbon Aware Fund |
N |
QNZNX |
|
I |
QNZIX |
|
R6 |
QNZRX |
1 | |
10 | |
19 | |
27 | |
36 | |
46 | |
55 | |
64 | |
74 | |
82 | |
91 | |
101 | |
102 | |
132 | |
133 | |
148 | |
149 | |
150 | |
155 | |
161 | |
163 | |
165 | |
167 | |
167 | |
168 | |
171 | |
182 |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Dividends
on Short Sales1 and
Interest Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses2
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements3
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements4
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Alternative Risk Premia Fund—Class I
|
|
|
|
|
Return
Before Taxes
|
|
|
|
|
Return
After Taxes on Distributions
|
|
|
|
|
Return
After Taxes on Distributions and Sale
of
Fund Shares
|
|
|
|
|
AQR
Alternative Risk Premia Fund—Class N
|
|
|
|
|
Return
Before Taxes
|
|
|
|
|
AQR
Alternative Risk Premia Fund—Class R6
|
|
|
|
|
Return
Before Taxes
|
|
|
|
|
ICE
BofA US 3-Month Treasury Bill Index
(reflects
no deductions for fees, expenses or
taxes) |
|
|
|
|
Name |
Portfolio Manager
of
the Fund Since |
Title |
Jordan
Brooks, Ph.D., M.A. |
January
1, 2022 |
Principal
of the Adviser |
Andrea
Frazzini, Ph.D., M.S. |
August 31,
2022 |
Principal
of the Adviser |
John
J. Huss |
August
31, 2022 |
Principal
of the Adviser |
Yao
Hua Ooi |
September 19,
2017 |
Principal
of the Adviser |
Nathan
Sosner, Ph.D. |
May
1, 2019 |
Principal
of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Dividends
and Interest on Short Sales1 and
Other
Interest
Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses2
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements3
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements4
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Diversified Arbitrage Fund—
Class
I
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
Return
After Taxes on
Distributions
|
|
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
|
|
|
- |
|
AQR
Diversified Arbitrage Fund—
Class
N
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
ICE
BofA US 3-Month Treasury Bill
Index
(reflects no deductions for
fees,
expenses or taxes) |
|
|
|
- |
|
AQR
Diversified Arbitrage Fund—
Class
R6
|
|
|
|
|
|
Return
Before Taxes
|
|
|
- |
|
|
ICE
BofA US 3-Month Treasury Bill
Index
(reflects no deductions for
fees,
expenses or taxes) |
|
|
- |
|
|
Name |
Portfolio
Manager
of the
Fund Since |
Title |
Jordan
Brooks, Ph.D., M.A. |
January
31, 2023 |
Principal
of the Adviser |
Robert
F. Bryant |
May 1,
2019 |
Managing
Principal of the Sub-Adviser |
Mark
L. Mitchell, Ph.D., M.A. |
January
15, 2009 |
Principal
of the Sub-Adviser |
Todd
C. Pulvino, Ph.D., A.M., M.S. |
January 15,
2009 |
Principal
of the Sub-Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Dividends
on Short Sales1 and
Interest Expense2,3
|
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses4
|
|
|
|
Total
Annual Fund Operating Expenses3
|
|
|
|
Less:
Expense Reimbursements5
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3,6
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Equity Market Neutral Fund—Class I
|
|
|
|
|
Return
Before Taxes
|
|
|
|
|
Return
After Taxes on Distributions
|
|
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares
|
|
|
|
|
AQR
Equity Market Neutral Fund—Class N
|
|
|
|
|
Return
Before Taxes
|
|
|
|
|
AQR
Equity Market Neutral Fund—Class R6
|
|
|
|
|
Return
Before Taxes
|
|
|
|
|
ICE
BofA US 3-Month Treasury Bill Index
(reflects
no deductions for fees, expenses or
taxes) |
|
|
|
|
Name |
Portfolio
Manager
of
the Fund Since |
Title |
Clifford
S. Asness, Ph.D., M.B.A |
January
1, 2022 |
Managing
and Founding Principal of the Adviser |
Michele
L. Aghassi, Ph.D. |
March 16,
2016 |
Principal
of the Adviser |
Andrea
Frazzini, Ph.D., M.S. |
October 7, 2014 |
Principal
of the Adviser |
John
J. Huss |
January 1,
2022 |
Principal
of the Adviser |
Laura
Serban, Ph.D. |
May
1, 2023 |
Principal
of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Dividends
on Short Sales1 and
Interest Expense2,3
|
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses4
|
|
|
|
Total
Annual Fund Operating Expenses3
|
|
|
|
Less:
Expense Reimbursements5
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3,6
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Long-Short Equity Fund—
Class
I
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
Return
After Taxes on
Distributions
|
|
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
|
|
|
- |
|
AQR
Long-Short Equity Fund—
Class
N
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
50%
MSCI World Index and
50%
ICE BofA US 3-Month
Treasury
Bill Index
(reflects
no
deductions for fees,
expenses
or taxes) |
|
|
|
- |
|
MSCI
World Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
|
- |
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
|
- |
|
AQR
Long-Short Equity Fund—
Class
R6
|
|
|
|
|
|
Return
Before Taxes
|
|
|
- |
|
|
50%
MSCI World Index and
50%
ICE BofA US 3-Month
Treasury
Bill Index
(reflects
no
deductions for fees,
expenses
or taxes) |
|
|
- |
|
|
MSCI
World Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
- |
|
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
- |
|
|
Name |
Portfolio
Manager
of
the Fund Since |
Title |
Clifford
S. Asness, Ph.D., M.B.A. |
January
1, 2022 |
Managing
and Founding Principal of the Adviser |
Michele
L. Aghassi, Ph.D. |
March 16,
2016 |
Principal
of the Adviser |
Andrea
Frazzini, Ph.D., M.S. |
July
16, 2013 |
Principal
of the Adviser |
John
J. Huss |
January 1,
2022 |
Principal
of the Adviser |
Laura
Serban, Ph.D. |
May
1, 2023 |
Principal
of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Interest
Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses1
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements2
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Macro Opportunities Fund—Class I
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
|
Return
After Taxes on Distributions
|
- |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares
|
- |
|
|
|
AQR
Macro Opportunities Fund—Class N
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
|
ICE
BofA US 3-Month Treasury Bill Index
(reflects
no deductions for fees, expenses or
taxes) |
|
|
|
|
AQR
Macro Opportunities Fund—Class R6
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
|
ICE
BofA US 3-Month Treasury Bill Index
(reflects
no deductions for fees, expenses or
taxes) |
|
|
|
|
Name |
Portfolio
Manager
of
the Fund Since |
Title |
John
M. Liew, Ph.D., M.B.A. |
April 8, 2014 |
Founding
Principal of the Adviser |
Jordan
Brooks, Ph.D., M.A. |
April 8,
2014 |
Principal
of the Adviser |
Yao
Hua Ooi |
January
1, 2020 |
Principal
of the Adviser |
Jonathan
Fader |
March 31,
2021 |
Managing
Director of the Adviser |
Erik
Stamelos |
January
1, 2022 |
Managing
Director of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Interest
Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses1
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements2
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Managed Futures Strategy
Fund—Class
I
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
Return
After Taxes on
Distributions
|
- |
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
|
|
|
- |
|
AQR
Managed Futures Strategy
Fund—Class
N
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
|
- |
|
AQR
Managed Futures Strategy
Fund—Class
R6
|
|
|
|
|
|
Return
Before Taxes
|
|
|
- |
|
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
- |
|
|
Name |
Portfolio
Manager
of
the Fund Since |
Title |
Clifford S. Asness, Ph.D., M.B.A. |
January 5, 2010 |
Managing
and Founding Principal of the Adviser |
John
M. Liew, Ph.D., M.B.A. |
January 5,
2010 |
Founding
Principal of the Adviser |
Jordan
Brooks, Ph.D., M.A. |
March
1, 2022 |
Principal
of the Adviser |
Yao
Hua Ooi |
January 5,
2010 |
Principal
of the Adviser |
Erik
Stamelos |
January
1, 2022 |
Managing
Director of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Interest
Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses1
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements2
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Managed Futures Strategy
HV
Fund—Class I
|
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
- |
|
Return
After Taxes on
Distributions
|
- |
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
- |
|
|
- |
|
AQR
Managed Futures Strategy
HV
Fund—Class N
|
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
- |
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
|
- |
|
AQR
Managed Futures Strategy
HV
Fund—Class R6
|
|
|
|
|
|
Return
Before Taxes
|
- |
|
- |
|
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
- |
|
|
Name |
Portfolio Manager
of
the Fund Since |
Title |
Clifford S. Asness, Ph.D., M.B.A. |
July 16, 2013 |
Managing
and Founding Principal of the Adviser |
John
M. Liew, Ph.D., M.B.A. |
July 16,
2013 |
Founding
Principal of the Adviser |
Jordan
Brooks, Ph.D., M.A. |
March
1, 2022 |
Principal
of the Adviser |
Yao
Hua Ooi |
July 16,
2013 |
Principal
of the Adviser |
Erik
Stamelos |
January
1, 2022 |
Managing
Director of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Dividends
on Short Sales1 and
Interest Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses2
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements3
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements4
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Multi-Asset Fund—
Class
I
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
Return
After Taxes on
Distributions
|
|
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
|
|
|
- |
|
AQR
Multi-Asset Fund—
Class
N
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
60%
S&P 500®
Index and 40%
Bloomberg
Barclays
U.S.
Aggregate Bond Index
(reflects
no deductions for
fees,
expenses or taxes) |
|
|
|
- |
|
S&P
500®
Index
(reflects no
deductions
for fees,
expenses
or taxes) |
|
|
|
- |
|
Bloomberg
Barclays
U.S.
Aggregate Bond Index
(reflects
no deductions for
fees,
expenses or taxes) |
|
|
|
- |
|
AQR
Multi-Asset Fund—
Class
R6
|
|
|
|
|
|
Return
Before Taxes
|
|
|
- |
|
|
60%
S&P 500®
Index and 40%
Bloomberg
Barclays
U.S.
Aggregate Bond Index
(reflects
no deductions for
fees,
expenses or taxes) |
|
|
- |
|
|
S&P
500®
Index
(reflects no
deductions
for fees,
expenses
or taxes) |
|
|
- |
|
|
Bloomberg
Barclays
U.S.
Aggregate Bond Index
(reflects
no deductions for
fees,
expenses or taxes) |
|
|
- |
|
|
Name |
Portfolio Manager
of
the Fund Since |
Title |
John
M. Liew, Ph.D., M.B.A. |
September 29, 2010 |
Founding
Principal of the Adviser |
Jordan
Brooks, Ph.D., M.A. |
January 1,
2022 |
Principal
of the Adviser |
Andrea
Frazzini, Ph.D., M.S. |
May
1, 2023 |
Principal
of the Adviser |
John
J. Huss |
May 1,
2015 |
Principal
of the Adviser |
Yao
Hua Ooi |
September
29, 2010 |
Principal
of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Interest
Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses1
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements2
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Risk-Balanced
Commodities
Strategy
Fund—Class
I
|
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
- |
|
Return
After Taxes on
Distributions
|
- |
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
- |
|
|
- |
|
AQR
Risk-Balanced
Commodities
Strategy
Fund—Class
N
|
|
|
|
|
|
Return
Before Taxes
|
- |
|
|
- |
|
Bloomberg
Commodity Total
Return
Index
(reflects no
deductions
for fees,
expenses
or taxes) |
- |
|
- |
- |
|
AQR
Risk-Balanced
Commodities
Strategy
Fund—Class
R6
|
|
|
|
|
|
Return
Before Taxes
|
- |
|
- |
|
|
Bloomberg
Commodity Total
Return
Index
(reflects no
deductions
for fees,
expenses
or taxes) |
- |
|
- |
- |
|
Name |
Portfolio Manager
of
the Fund Since |
Title |
Clifford
S. Asness, Ph.D., M.B.A. |
January
1, 2022 |
Managing
and Founding Principal of the Adviser |
John
M. Liew, Ph.D., M.B.A. |
January 31,
2023 |
Founding
Principal of the Adviser |
Jordan
Brooks, Ph.D., M.A. |
January
1, 2022 |
Principal
of the Adviser |
Yao
Hua Ooi |
July 9,
2012 |
Principal
of the Adviser |
Erik
Stamelos |
May
1, 2023 |
Managing
Director of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Dividends
on Short Sales1 and
Interest Expense2,3
|
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses4
|
|
|
|
Total
Annual Fund Operating Expenses3
|
|
|
|
Less:
Expense Reimbursements5
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3,6
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Five
Year |
Ten
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Style Premia Alternative
Fund—Class
I
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
Return
After Taxes on
Distributions
|
|
|
|
- |
|
Return
After Taxes on
Distributions
and Sale of
Fund
Shares
|
|
|
|
- |
|
AQR
Style Premia Alternative
Fund—Class
N
|
|
|
|
|
|
Return
Before Taxes
|
|
|
|
- |
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
|
- |
|
AQR
Style Premia Alternative
Fund—Class
R6
|
|
|
|
|
|
Return
Before Taxes
|
|
|
- |
|
|
ICE
BofA US 3-Month Treasury
Bill
Index
(reflects no
deductions
for fees, expenses
or
taxes) |
|
|
- |
|
|
Name |
Portfolio Manager
of the Fund Since |
Title |
Clifford
S. Asness, Ph.D., M.B.A. |
August
31, 2022 |
Managing
and Founding Principal of the Adviser |
Jordan
Brooks, Ph.D., M.A. |
January 1,
2022 |
Principal
of the Adviser |
Andrea
Frazzini, Ph.D., M.S. |
October 30, 2013 |
Principal
of the Adviser |
John
J. Huss |
January 1,
2022 |
Principal
of the Adviser |
Yao
Hua Ooi |
January
1, 2020 |
Principal
of the Adviser |
|
Class
N
|
Class
I
|
Class
R6
|
Management
Fee |
|
|
|
Distribution
(12b-1) Fee |
|
|
|
Other
Expenses |
|
|
|
Interest
Expense |
|
|
|
All
Other Expenses |
|
|
|
Total
Other Expenses |
|
|
|
Acquired
Fund Fees and Expenses1
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
Less:
Expense Reimbursements2
|
|
|
|
Total
Annual Fund Operating Expenses after Expense
Reimbursements3
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
| ||
|
|
|
|
|
One
Year |
Since
Inception |
Share
Class
Inception
Date |
AQR
Sustainable Long-Short Equity Carbon Aware
Fund—Class
I
|
|
|
|
Return
Before Taxes
|
|
|
|
Return
After Taxes on Distributions
|
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares
|
|
|
|
AQR
Sustainable Long-Short Equity Carbon Aware
Fund—Class
N
|
|
|
|
Return
Before Taxes
|
|
|
|
AQR
Sustainable Long-Short Equity Carbon Aware
Fund—Class
R6
|
|
|
|
Return
Before Taxes
|
|
|
|
50%
MSCI World Index and 50% ICE BofA US
3-Month
Treasury Bill Index
(reflects no deductions
for
fees, expenses or taxes) |
|
|
|
MSCI
World Index
(reflects no deductions for fees,
expenses
or taxes) |
|
|
|
ICE
BofA US 3-Month Treasury Bill Index
(reflects no
deductions
for fees, expenses or taxes) |
|
|
|
Name |
Portfolio Manager
of
the Fund Since |
Title |
Clifford
S. Asness, Ph.D., M.B.A. |
December
2021 |
Managing
and Founding Principal of the Adviser |
John
M. Liew, Ph.D., M.B.A. |
December
2021 |
Founding
Principal of the Adviser |
Michele
L. Aghassi, Ph.D. |
December
2021 |
Principal
of the Adviser |
Andrea
Frazzini, Ph.D., M.A. |
December
2021 |
Principal
of the Adviser |
John
J. Huss |
December
2021 |
Principal
of the Adviser |
|
Class N Shares |
Class I Shares |
Class
R6 Shares |
Minimum
Initial Investment |
$2,5001
|
$5,000,0001
|
$50,000,0001
|
Minimum
Subsequent Investment |
None |
None |
None |
|
AQR
Alternative
Risk
Premia
Fund |
AQR
Diversified
Arbitrage
Fund |
AQR Equity
Market
Neutral Fund |
AQR Macro
Opportunities
Fund |
Arbitrage
or Fundamental Risk |
|
x |
|
|
Below
Investment Grade Securities Risk |
x |
x |
|
|
China
Risk |
|
|
|
x |
Commodities
Risk |
x |
|
|
x |
Common
Stock Risk |
x |
x |
x |
x |
Convertible
Securities Risk |
|
x |
|
|
Counterparty
Risk |
x |
x |
x |
x |
Credit
Default Swap Agreements Risk |
|
x |
|
x |
Credit
Risk |
x |
x |
x |
x |
Currency
Risk |
x |
x |
x |
x |
Derivatives
Risk |
x |
x |
x |
x |
Distressed
Investments Risk |
|
x |
|
|
Emerging
Market Risk |
x |
x |
|
x |
Foreign
Investments Risk |
x |
x |
x |
x |
Forward
and Futures Contract Risk |
x |
x |
x |
x |
Hedging
Transactions Risk |
x |
x |
x |
x |
High
Portfolio Turnover Risk |
x |
x |
x |
x |
Illiquidity
Risk |
|
x |
|
|
Interest
Rate Risk |
x |
x |
|
x |
Investment
in Other Investment Companies Risk |
x |
x |
x |
x |
IPO
and SEO Risk |
|
x |
|
|
Leverage
Risk |
x |
x |
x |
x |
Litigation
and Enforcement Risk |
|
x |
|
|
Manager
Risk |
x |
x |
x |
x |
Market
Risk |
x |
x |
x |
x |
Mid-Cap
Securities Risk |
x |
x |
x |
x |
Model
and Data Risk |
x |
x |
x |
x |
Momentum
Style Risk |
x |
|
x |
x |
Non-Diversified
Status Risk |
|
|
|
|
Options
Risk |
|
x |
|
x |
PIPEs
Risk |
|
x |
|
|
Real-Estate
Related Investment Risk |
x |
|
x |
x |
Repurchase
Agreements Risk |
|
|
|
x |
Restricted
Securities Risk |
|
x |
|
|
Reverse
Repurchase Agreements Risk |
|
|
|
x |
Short
Sale Risk |
x |
x |
x |
x |
Small-Cap
Securities Risk |
x |
x |
x |
x |
Sovereign
Debt Risk |
x |
|
|
x |
SPACs
Risk |
|
x |
|
|
Subsidiary
Risk |
x |
|
|
x |
Sustainable
Investment Risk |
|
|
|
|
Swap
Agreements Risk |
x |
x |
x |
x |
Tax-Managed
Investment Risk |
x |
|
x |
|
Tax
Risk |
x |
|
|
x |
TIPS
and Inflation-Linked Bonds Risk |
|
|
|
x |
U.S.
Government Securities Risk |
x |
|
|
x |
Value
Style Risk |
x |
|
x |
x |
Volatility
Risk |
x |
x |
x |
x |
Volatility
Futures Risk |
|
|
|
|
Zero
Net Carbon Target Risk |
|
|
|
|
|
AQR
Long-
Short
Equity
Fund |
AQR
Managed
Futures
Strategy
Fund |
AQR
Managed
Futures
Strategy HV
Fund |
AQR Multi-
Asset
Fund |
Arbitrage
or Fundamental Risk |
|
|
|
|
Below
Investment Grade Securities Risk |
|
x |
x |
x |
China
Risk |
|
x |
x |
|
Commodities
Risk |
|
x |
x |
x |
Common
Stock Risk |
x |
x |
x |
x |
Convertible
Securities Risk |
|
|
|
|
Counterparty
Risk |
x |
x |
x |
x |
Credit
Default Swap Agreements Risk |
|
x |
x |
x |
Credit
Risk |
x |
x |
x |
x |
Currency
Risk |
x |
x |
x |
x |
Derivatives
Risk |
x |
x |
x |
x |
Distressed
Investments Risk |
|
|
|
|
Emerging
Market Risk |
|
x |
x |
x |
Foreign
Investments Risk |
x |
x |
x |
x |
Forward
and Futures Contract Risk |
x |
x |
x |
x |
Hedging
Transactions Risk |
x |
x |
x |
x |
High
Portfolio Turnover Risk |
x |
x |
x |
x |
Illiquidity
Risk |
|
|
|
|
Interest
Rate Risk |
|
x |
x |
x |
Investment
in Other Investment Companies Risk |
x |
x |
x |
x |
IPO
and SEO Risk |
|
|
|
|
Leverage
Risk |
x |
x |
x |
x |
Litigation
and Enforcement Risk |
|
|
|
|
Manager
Risk |
x |
x |
x |
x |
Market
Risk |
x |
x |
x |
x |
Mid-Cap
Securities Risk |
x |
x |
x |
x |
Model
and Data Risk |
x |
x |
x |
x |
Momentum
Style Risk |
x |
x |
x |
x |
Non-Diversified
Status Risk |
|
|
|
|
Options
Risk |
|
|
|
|
PIPEs
Risk |
|
|
|
|
Real-Estate
Related Investment Risk |
x |
x |
x |
|
Repurchase
Agreements Risk |
|
|
|
x |
Restricted
Securities Risk |
|
|
|
|
Reverse
Repurchase Agreements Risk |
|
|
|
x |
Short
Sale Risk |
x |
x |
x |
x |
Small-Cap
Securities Risk |
x |
x |
x |
x |
Sovereign
Debt Risk |
|
|
|
x |
SPACs
Risk |
|
|
|
|
Subsidiary
Risk |
|
x |
x |
x |
Sustainable
Investment Risk |
|
|
|
|
Swap
Agreements Risk |
x |
x |
x |
x |
Tax-Managed
Investment Risk |
x |
|
|
x |
Tax
Risk |
|
x |
x |
x |
TIPS
and Inflation-Linked Bonds Risk |
|
|
|
x |
U.S.
Government Securities Risk |
|
x |
x |
x |
Value
Style Risk |
x |
x |
x |
x |
Volatility
Risk |
x |
x |
x |
x |
Volatility
Futures Risk |
|
x |
x |
|
Zero
Net Carbon Target Risk |
|
|
|
|
|
AQR Risk-
Balanced
Commodities
Strategy Fund |
AQR
Style
Premia
Alternative
Fund |
AQR
Sustainable
Long-Short
Equity
Carbon
Aware
Fund |
Arbitrage
or Fundamental Risk |
|
|
|
Below
Investment Grade Securities Risk |
|
x |
|
China
Risk |
|
x |
|
Commodities
Risk |
x |
x |
|
Common
Stock Risk |
|
x |
x |
Convertible
Securities Risk |
|
|
|
Counterparty
Risk |
x |
x |
x |
Credit
Default Swap Agreements Risk |
|
|
|
Credit
Risk |
x |
x |
x |
Currency
Risk |
x |
x |
x |
Derivatives
Risk |
x |
x |
x |
Distressed
Investments Risk |
|
|
|
Emerging
Market Risk |
|
x |
|
Foreign
Investments Risk |
x |
x |
x |
Forward
and Futures Contract Risk |
x |
x |
x |
Hedging
Transactions Risk |
x |
x |
x |
High
Portfolio Turnover Risk |
x |
x |
x |
Illiquidity
Risk |
|
|
|
Interest
Rate Risk |
|
x |
|
Investment
in Other Investment Companies Risk |
x |
x |
x |
IPO
and SEO Risk |
|
|
|
Leverage
Risk |
x |
x |
x |
Litigation
and Enforcement Risk |
|
|
|
Manager
Risk |
x |
x |
x |
Market
Risk |
x |
x |
x |
Mid-Cap
Securities Risk |
|
x |
x |
Model
and Data Risk |
x |
x |
x |
Momentum
Style Risk |
x |
x |
x |
Non-Diversified
Status Risk |
x |
|
|
Options
Risk |
|
|
|
PIPEs
Risk |
|
|
|
Real-Estate
Related Investment Risk |
|
x |
x |
Repurchase
Agreements Risk |
|
|
|
Restricted
Securities Risk |
|
|
|
Reverse
Repurchase Agreements Risk |
|
|
|
Short
Sale Risk |
x |
x |
x |
Small-Cap
Securities Risk |
|
x |
x |
Sovereign
Debt Risk |
|
x |
|
SPACs
Risk |
|
|
|
Subsidiary
Risk |
x |
x |
|
Sustainable
Investment Risk |
|
|
x |
Swap
Agreements Risk |
x |
x |
x |
Tax-Managed
Investment Risk |
|
x |
|
Tax
Risk |
x |
x |
|
TIPS
and Inflation-Linked Bonds Risk |
|
|
|
U.S.
Government Securities Risk |
x |
x |
|
Value
Style Risk |
x |
x |
x |
Volatility
Risk |
x |
x |
x |
Volatility
Futures Risk |
|
|
|
Zero
Net Carbon Target Risk |
|
|
x |
Fund |
|
AQR
Alternative Risk Premia Fund |
1.20% |
AQR
Diversified Arbitrage Fund |
1.00% |
AQR
Equity Market Neutral Fund |
1.10% |
AQR
Long-Short Equity Fund |
1.10% |
AQR
Macro Opportunities Fund |
1.00% |
AQR
Managed Futures Strategy Fund |
1.05% |
AQR
Managed Futures Strategy HV Fund |
1.45% |
AQR
Multi-Asset Fund |
0.60% |
AQR
Risk-Balanced Commodities Strategy Fund |
0.80% |
AQR
Style Premia Alternative Fund |
1.30% |
AQR
Sustainable Long-Short Equity Carbon Aware Fund |
1.10% |
Fund |
|
AQR
Alternative Risk Premia Fund |
1.20% |
AQR
Diversified Arbitrage Fund |
1.00% |
AQR
Equity Market Neutral Fund
|
1.10% |
AQR
Long-Short Equity Fund
|
1.10% |
AQR
Macro Opportunities Fund
|
1.00% |
AQR
Managed Futures Strategy Fund |
1.05% |
AQR
Managed Futures Strategy HV Fund
|
1.45% |
AQR
Multi-Asset Fund |
0.60% |
AQR
Risk-Balanced Commodities Strategy Fund |
0.80% |
AQR
Style Premia Alternative Fund |
1.30% |
AQR
Sustainable Long-Short Equity Carbon Aware Fund |
1.10% |
Fund |
Class
N Shares |
Class
I Shares |
Class
R6 Shares |
AQR
Alternative Risk Premia Fund |
0.20% |
0.20% |
0.10% |
AQR
Diversified Arbitrage Fund |
0.20% |
0.20% |
0.10% |
AQR
Equity Market Neutral Fund |
0.20% |
0.20% |
0.10% |
AQR
Long-Short Equity Fund |
0.20% |
0.20% |
0.10% |
AQR
Macro Opportunities Fund |
0.20% |
0.20% |
0.10% |
AQR
Managed Futures Strategy Fund |
0.20% |
0.20% |
0.10% |
AQR
Managed Futures Strategy HV Fund |
0.20% |
0.20% |
0.10% |
AQR
Multi-Asset Fund |
0.20% |
0.20% |
0.10% |
AQR
Risk-Balanced Commodities Strategy Fund |
0.20% |
0.20% |
0.10% |
AQR
Style Premia Alternative Fund |
0.20% |
0.20% |
0.10% |
AQR
Sustainable Long-Short Equity Carbon
Aware
Fund |
0.20% |
0.20% |
0.10% |
Fund |
Portfolio
Managers |
AQR
Alternative Risk Premia Fund |
Jordan
Brooks, Ph.D., M.A. |
|
Andrea
Frazzini, Ph.D., M.S. |
|
John
J. Huss |
|
Yao
Hua Ooi |
|
Nathan
Sosner, Ph.D. |
|
|
AQR
Diversified Arbitrage Fund |
Jordan
Brooks, Ph.D., M.A. |
|
|
AQR
Equity Market Neutral Fund |
Clifford
S. Asness, Ph.D., M.B.A. |
|
Michele
L. Aghassi, Ph.D. |
|
Andrea
Frazzini, Ph.D., M.S. |
|
John
J. Huss |
|
Laura
Serban, Ph.D. |
|
|
AQR
Macro Opportunities Fund |
John
M. Liew, Ph.D., M.B.A |
|
Jordan
Brooks, Ph.D., M.A. |
|
Yao
Hua Ooi |
|
Jonathan
Fader |
|
Erik
Stamelos |
|
|
AQR
Long-Short Equity Fund |
Clifford
S. Asness, Ph.D., M.B.A. |
|
Michele
L. Aghassi, Ph.D. |
|
Andrea
Frazzini, Ph.D., M.S. |
|
John
J. Huss |
|
Laura
Serban, Ph.D. |
|
|
AQR
Managed Futures Strategy Fund |
Clifford
S. Asness, Ph.D., M.B.A. |
|
John
M. Liew, Ph.D., M.B.A. |
|
Jordan
Brooks, Ph.D., M.A. |
|
Yao
Hua Ooi |
|
Erik
Stamelos |
|
|
AQR
Managed Futures Strategy HV
Fund |
Clifford
S. Asness, Ph.D., M.B.A. |
|
John
M. Liew, Ph.D., M.B.A. |
|
Jordan
Brooks, Ph.D., M.A. |
|
Yao
Hua Ooi |
|
Erik
Stamelos |
Fund |
Portfolio
Managers |
|
|
AQR
Multi-Asset Fund |
John
M. Liew, Ph.D., M.B.A. |
|
Jordan
Brooks, Ph.D., M.A. |
|
Andrea
Frazzini, Ph.D., M.S. |
|
John
J. Huss |
|
Yao
Hua Ooi |
|
|
AQR
Risk-Balanced Commodities
Strategy
Fund |
Clifford
S. Asness, Ph.D., M.B.A |
|
John
M. Liew, Ph.D., M.B.A. |
|
Jordan
Brooks, Ph.D., M.A. |
|
Yao
Hua Ooi |
|
Erik
Stamelos |
|
|
AQR
Style Premia Alternative Fund |
Clifford
S. Asness, Ph.D., M.B.A |
|
Jordan
Brooks, Ph.D., M.A. |
|
Andrea
Frazzini, Ph.D., M.S. |
|
John
J. Huss |
|
Yao
Hua Ooi |
|
|
AQR
Sustainable Long-Short Equity
Carbon
Aware Fund |
Clifford
S. Asness, Ph.D., M.B.A. |
|
John
M. Liew, Ph.D., M.B.A. |
|
Michele
L. Aghassi, Ph.D. |
|
Andrea
Frazzini, Ph.D., M.S. |
|
John
J. Huss |
|
Minimum
Investment | |
Eligibility
Group |
Class
N |
Class
I |
Defined
benefit plans, endowments and foundations, investment companies,
corporations,
insurance companies, trust companies, and other institutional
investors
not specifically enumerated |
None |
None |
Accounts
and programs offered by certain financial intermediaries, such as
registered
investment advisers, broker-dealers, bank trust departments, wrap
fee
programs and unified managed accounts |
None |
None |
Qualified
defined contribution plans and 457 plans |
None |
None |
Investors
who are not eligible for a reduced minimum |
$2,500 |
$5,000,000 |
Eligibility
Group |
Minimum
Investment |
Defined
benefit plans, endowments and foundations, investment companies,
corporations,
insurance
companies, trust companies, and other institutional investors not
specifically enumerated |
$100,000 |
Accounts
and programs offered by certain financial intermediaries, such as
registered investment
advisers,
broker-dealers, bank trust departments, wrap fee programs and unified
managed
accounts |
$50,000,000
or
$100,000,000
aggregate
investment
across
all series of
the
Trust |
Qualified
defined contribution plans and 457 plans |
None |
Tax-exempt
retirement plans of the Adviser
and its affiliates and rollover accounts from those
plans |
None |
Employees
of the Adviser
and affiliates, trustees and officers of the Trust
and their immediate
family
members |
None |
|
PER
SHARE OPERATING PERFORMANCE
| ||||||
|
|
Change
in Net Assets Resulting from
Operations1 |
Less
Dividends and Distributions
| ||||
|
Net
Asset
Value,
Beginning
of
Period |
Net
Investment
Income
(Loss) |
Net
Realized
and
Unrealized
Gain
(Loss) |
Net
Increase
(Decrease)
in
Net
Asset
Value
from
Operations |
Distributions
from
Net
Investment
Income |
Distributions
from
Net
Realized
Gains |
Return
of
Capital |
AQR
ALTERNATIVE RISK PREMIA FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$9.47 |
0.34 |
0.38 |
0.72 |
(0.44
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.56 |
0.08 |
1.83 |
1.91 |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.89 |
(0.05
) |
1.03 |
0.98 |
(0.31
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.89 |
(0.02
) |
(1.84
) |
(1.86
) |
(0.14
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.25 |
0.05
6 |
(0.33
) |
(0.28
) |
(0.08
) |
— |
— |
AQR
ALTERNATIVE RISK PREMIA FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$9.40 |
0.31 |
0.38 |
0.69 |
(0.42
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.53 |
0.05 |
1.82 |
1.87 |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.86 |
(0.06
) |
1.02 |
0.96 |
(0.29
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.88 |
(0.04
) |
(1.84
) |
(1.88
) |
(0.14
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.23 |
0.03
6 |
(0.33
) |
(0.30
) |
(0.05
) |
— |
— |
AQR
ALTERNATIVE RISK PREMIA FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$9.51 |
0.35 |
0.37 |
0.72 |
(0.45
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.58 |
0.09 |
1.84 |
1.93 |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.91 |
(0.03
) |
1.02 |
0.99 |
(0.32
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.91 |
(0.02
) |
(1.84
) |
(1.86
) |
(0.14
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.27 |
0.05
6 |
(0.32
) |
(0.27
) |
(0.09
) |
— |
— |
AQR
DIVERSIFIED ARBITRAGE FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$11.69 |
0.40 |
0.13 |
0.53 |
(0.33
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$12.10 |
0.08
7 |
(0.48
) |
(0.40
) |
(0.01
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$11.46 |
(0.12
) |
0.84 |
0.72 |
(0.08
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.30 |
(0.03
) |
2.37 |
2.34 |
(0.15
) |
— |
(0.03
) |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.75 |
0.08 |
0.67 |
0.75 |
(0.20
) |
— |
— |
AQR
DIVERSIFIED ARBITRAGE FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$11.68 |
0.36 |
0.13 |
0.49 |
(0.29
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$12.12 |
0.07
7 |
(0.50
) |
(0.43
) |
(0.01
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$11.48 |
(0.15
) |
0.84 |
0.69 |
(0.05
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.31 |
(0.06
) |
2.38 |
2.32 |
(0.12
) |
— |
(0.03
) |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.76 |
0.05 |
0.67 |
0.72 |
(0.17
) |
— |
— |
AQR
DIVERSIFIED ARBITRAGE FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$11.69 |
0.41 |
0.13 |
0.54 |
(0.34
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$12.08 |
0.10
7 |
(0.48
) |
(0.38
) |
(0.01
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$11.44 |
(0.11
) |
0.84 |
0.73 |
(0.09
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.28 |
(0.01
) |
2.36 |
2.35 |
(0.15
) |
— |
(0.04
) |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.73 |
0.12 |
0.63 |
0.75 |
(0.20
) |
— |
— |
|
|
|
RATIOS/SUPPLEMENTAL
DATA
| |||||
|
|
|
|
Ratios
to Average Net Assets of:*
|
| |||
Total
Distributions |
Net
Asset
Value,
End
of
Period |
Total
Return2,3 |
Net
Assets,
End
of Period
(000’s) |
Expenses,
Before
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers
(Excluding
Dividend
Short
Expense &
Interest
Expense)4 |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate5 |
|
|
|
|
|
|
|
|
|
(0.44
) |
$9.75 |
7.53
% |
$53,905 |
4.90
% |
4.74
% |
1.40
% |
3.44
% |
158
% |
— |
$9.47 |
25.26
% |
$54,627 |
3.30
% |
3.12
% |
1.40
% |
0.91
% |
262
% |
(0.31
) |
$7.56 |
14.25
% |
$46,808 |
3.09
% |
2.79
% |
1.40
% |
(0.62
)% |
179
% |
(0.14
) |
$6.89 |
(20.95
)% |
$61,080 |
3.31
% |
3.20
% |
1.41
% |
(0.31
)% |
232
% |
(0.08
) |
$8.89 |
(3.08
)% |
$144,245 |
3.60
% |
3.55
% |
1.40
% |
0.58
%6 |
192
% |
|
|
|
|
|
|
|
|
|
(0.42
) |
$9.67 |
7.24
% |
$6,464 |
5.14
% |
4.99
% |
1.65
% |
3.18
% |
158
% |
— |
$9.40 |
24.83
% |
$5,926 |
3.56
% |
3.37
% |
1.65
% |
0.58
% |
262
% |
(0.29
) |
$7.53 |
14.03
% |
$7,422 |
3.35
% |
3.04
% |
1.65
% |
(0.78
)% |
179
% |
(0.14
) |
$6.86 |
(21.20
)% |
$6,503 |
3.57
% |
3.45
% |
1.66
% |
(0.51
)% |
232
% |
(0.05
) |
$8.88 |
(3.24
)% |
$8,989 |
3.85
% |
3.80
% |
1.65
% |
0.28
%6 |
192
% |
|
|
|
|
|
|
|
|
|
(0.45
) |
$9.78 |
7.49
% |
$109,778 |
4.80
% |
4.64
% |
1.30
% |
3.54
% |
158
% |
— |
$9.51 |
25.46
% |
$101,094 |
3.21
% |
3.02
% |
1.30
% |
1.08
% |
262
% |
(0.32
) |
$7.58 |
14.31
% |
$82,522 |
3.00
% |
2.69
% |
1.30
% |
(0.43
)% |
179
% |
(0.14
) |
$6.91 |
(20.90
)% |
$54,859 |
3.22
% |
3.10
% |
1.31
% |
(0.24
)% |
232
% |
(0.09
) |
$8.91 |
(2.93
)% |
$82,300 |
3.51
% |
3.45
% |
1.30
% |
0.53
%6 |
192
% |
|
|
|
|
|
|
|
|
|
(0.33
) |
$11.89 |
4.51
% |
$1,217,509 |
1.33
% |
1.33
% |
1.20
% |
3.35
% |
197
% |
(0.01
) |
$11.69 |
(3.29
)% |
$1,017,383 |
1.31
% |
1.30
% |
1.20
% |
0.68
%7 |
164
% |
(0.08
) |
$12.10 |
6.27
% |
$922,765 |
1.51
% |
1.47
% |
1.20
% |
(0.98
)% |
518
% |
(0.18
) |
$11.46 |
25.21
% |
$611,741 |
2.10
% |
2.04
% |
1.20
% |
(0.29
)% |
598
% |
(0.20
) |
$9.30 |
8.53
% |
$464,186 |
2.06
% |
1.98
% |
1.20
% |
0.88
% |
361
% |
|
|
|
|
|
|
|
|
|
(0.29
) |
$11.88 |
4.23
% |
$54,731 |
1.58
% |
1.58
% |
1.45
% |
3.05
% |
197
% |
(0.01
) |
$11.68 |
(3.54
)% |
$66,385 |
1.57
% |
1.55
% |
1.45
% |
0.58
%7 |
164
% |
(0.05
) |
$12.12 |
5.99
% |
$44,676 |
1.76
% |
1.72
% |
1.45
% |
(1.22
)% |
518
% |
(0.15
) |
$11.48 |
24.96
% |
$34,599 |
2.35
% |
2.29
% |
1.45
% |
(0.60
)% |
598
% |
(0.17
) |
$9.31 |
8.21
% |
$55,694 |
2.30
% |
2.22
% |
1.44
% |
0.52
% |
361
% |
|
|
|
|
|
|
|
|
|
(0.34
) |
$11.89 |
4.61
% |
$527,484 |
1.23
% |
1.23
% |
1.10
% |
3.46
% |
197
% |
(0.01
) |
$11.69 |
(3.13
)% |
$458,946 |
1.22
% |
1.20
% |
1.10
% |
0.81
%7 |
164
% |
(0.09
) |
$12.08 |
6.37
% |
$358,110 |
1.42
% |
1.37
% |
1.10
% |
(0.88
)% |
518
% |
(0.19
) |
$11.44 |
25.36
% |
$232,201 |
2.00
% |
1.94
% |
1.10
% |
(0.10
)% |
598
% |
(0.20
) |
$9.28 |
8.64
% |
$19,077 |
1.96
% |
1.88
% |
1.10
% |
1.27
% |
361
% |
|
PER
SHARE OPERATING PERFORMANCE
| ||||||
|
|
Change
in Net Assets Resulting from
Operations1 |
Less
Dividends and Distributions
| ||||
|
Net
Asset
Value,
Beginning
of
Period |
Net
Investment
Income
(Loss) |
Net
Realized
and
Unrealized
Gain
(Loss) |
Net
Increase
(Decrease)
in
Net
Asset
Value
from
Operations |
Distributions
from
Net
Investment
Income |
Distributions
from
Net
Realized
Gains |
Return
of
Capital |
AQR
EQUITY MARKET NEUTRAL FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.78 |
0.35 |
1.16 |
1.51 |
(1.81
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.32 |
0.03 |
1.95 |
1.98 |
(0.52
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.31 |
(0.09
) |
1.20 |
1.11 |
— |
(0.10
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.20 |
(0.02
) |
(1.77
) |
(1.79
) |
— |
(1.10
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$10.76 |
0.13 |
(1.34
) |
(1.21
) |
— |
(0.35
) |
— |
AQR
EQUITY MARKET NEUTRAL FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.65 |
0.32 |
1.13 |
1.45 |
(1.79
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.21 |
0.01 |
1.93 |
1.94 |
(0.50
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.23 |
(0.10
) |
1.18 |
1.08 |
— |
(0.10
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.12 |
(0.03
) |
(1.76
) |
(1.79
) |
— |
(1.10
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$10.70 |
0.12 |
(1.35
) |
(1.23
) |
— |
(0.35
) |
— |
AQR
EQUITY MARKET NEUTRAL FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.82 |
0.36 |
1.16 |
1.52 |
(1.82
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.35 |
0.06 |
1.94 |
2.00 |
(0.53
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.32 |
(0.08
) |
1.21 |
1.13 |
— |
(0.10
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.22 |
(0.00
)10 |
(1.80
) |
(1.80
) |
— |
(1.10
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$10.77 |
0.11 |
(1.31
) |
(1.20
) |
— |
(0.35
) |
— |
AQR
LONG-SHORT EQUITY FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$12.81 |
0.50 |
2.61 |
3.11 |
(2.74
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$12.31 |
0.02 |
2.29 |
2.31 |
(1.32
) |
(0.49
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.39 |
(0.14
) |
3.06 |
2.92 |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$11.08 |
(0.04
) |
(1.50
) |
(1.54
) |
— |
(0.15
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$10.94 |
0.10 |
0.04 |
0.14 |
— |
— |
— |
AQR
LONG-SHORT EQUITY FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$12.56 |
0.47 |
2.55 |
3.02 |
(2.72
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$12.09 |
(0.03
) |
2.27 |
2.24 |
(1.28
) |
(0.49
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.25 |
(0.17
) |
3.01 |
2.84 |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$10.95 |
(0.08
) |
(1.47
) |
(1.55
) |
— |
(0.15
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$10.84 |
0.07 |
0.04 |
0.11 |
— |
— |
— |
AQR
LONG-SHORT EQUITY FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$12.90 |
0.50 |
2.65 |
3.15 |
(2.75
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$12.38 |
(0.03
) |
2.37 |
2.34 |
(1.33
) |
(0.49
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.44 |
(0.13
) |
3.07 |
2.94 |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$11.12 |
(0.02
) |
(1.51
) |
(1.53
) |
— |
(0.15
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$10.97 |
0.10 |
0.05 |
0.15 |
— |
— |
— |
|
|
|
RATIOS/SUPPLEMENTAL
DATA
| |||||
|
|
|
|
Ratios
to Average Net Assets of:*
|
| |||
Total
Distributions |
Net
Asset
Value,
End
of
Period |
Total
Return2,3 |
Net
Assets,
End
of Period
(000’s) |
Expenses,
Before
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers
(Excluding
Dividend
Short
Expense &
Interest
Expense)4 |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate5 |
|
|
|
|
|
|
|
|
|
(1.81
) |
$8.48 |
17.13
% |
$142,947 |
1.55
% |
1.47
% |
1.30
% |
3.68
% |
197
% |
(0.52
) |
$8.78 |
27.22
% |
$116,154 |
1.62
% |
1.47
% |
1.30
% |
0.35
% |
319
% |
(0.10
) |
$7.32 |
17.64
% |
$32,802 |
1.87
% |
1.48
% |
1.30
% |
(1.22
)% |
282
% |
(1.10
) |
$6.31 |
(19.52
)% |
$38,498 |
1.73
% |
1.63
% |
1.30
% |
(0.20
)% |
312
% |
(0.35
) |
$9.20 |
(11.27
)% |
$208,679 |
2.23
% |
2.21
% |
1.27
% |
1.31
% |
263
% |
|
|
|
|
|
|
|
|
|
(1.79
) |
$8.31 |
16.71
% |
$22,616 |
1.81
% |
1.72
% |
1.55
% |
3.43
% |
197
% |
(0.50
) |
$8.65 |
27.03
% |
$24,133 |
1.88
% |
1.72
% |
1.55
% |
0.12
% |
319
% |
(0.10
) |
$7.21 |
17.38
% |
$15,968 |
2.13
% |
1.73
% |
1.55
% |
(1.45
)% |
282
% |
(1.10
) |
$6.23 |
(19.70
)% |
$10,040 |
2.03
% |
1.88
% |
1.55
% |
(0.33
)% |
312
% |
(0.35
) |
$9.12 |
(11.52
)% |
$14,129 |
2.50
% |
2.49
% |
1.55
% |
1.20
% |
263
% |
|
|
|
|
|
|
|
|
|
(1.82
) |
$8.52 |
17.14
% |
$88,110 |
1.46
% |
1.37
% |
1.20
% |
3.82
% |
197
% |
(0.53
) |
$8.82 |
27.33
% |
$38,898 |
1.53
% |
1.37
% |
1.20
% |
0.72
% |
319
% |
(0.10
) |
$7.35 |
17.93
% |
$5,917 |
1.79
% |
1.38
% |
1.20
% |
(1.13
)% |
282
% |
(1.10
) |
$6.32 |
(19.61
)% |
$4,758 |
1.67
% |
1.53
% |
1.20
% |
(0.01
)% |
312
% |
(0.35
) |
$9.22 |
(11.17
)% |
$38,112 |
2.15
% |
2.14
% |
1.20
% |
1.05
% |
263
% |
|
|
|
|
|
|
|
|
|
(2.74
) |
$13.18 |
24.28
% |
$909,818 |
1.37
% |
1.36
% |
1.30
% |
3.47
% |
0
% |
(1.81
) |
$12.81 |
19.11
% |
$544,239 |
1.37
% |
1.34
% |
1.30
% |
0.16
% |
0
% |
— |
$12.31 |
31.10
% |
$278,938 |
1.36
% |
1.31
% |
1.30
% |
(1.26
)% |
0
% |
(0.15
) |
$9.39 |
(13.91
)% |
$350,475 |
1.32
% |
1.31
% |
1.30
% |
(0.42
)% |
269
% |
— |
$11.08 |
1.28
% |
$901,269 |
2.06
% |
2.06
% |
1.26
% |
0.92
% |
292
% |
|
|
|
|
|
|
|
|
|
(2.72
) |
$12.86 |
24.02
% |
$39,327 |
1.62
% |
1.61
% |
1.55
% |
3.29
% |
0
% |
(1.77
) |
$12.56 |
18.84
% |
$13,691 |
1.63
% |
1.59
% |
1.55
% |
(0.23
)% |
0
% |
— |
$12.09 |
30.70
% |
$11,049 |
1.62
% |
1.56
% |
1.55
% |
(1.52
)% |
0
% |
(0.15
) |
$9.25 |
(14.17
)% |
$6,934 |
1.57
% |
1.56
% |
1.55
% |
(0.79
)% |
269
% |
— |
$10.95 |
1.01
% |
$28,689 |
2.33
% |
2.33
% |
1.53
% |
0.60
% |
292
% |
|
|
|
|
|
|
|
|
|
(2.75
) |
$13.30 |
24.42
% |
$7,191 |
1.28
% |
1.26
% |
1.20
% |
3.52
% |
0
% |
(1.82
) |
$12.90 |
19.25
% |
$6,726 |
1.28
% |
1.24
% |
1.20
% |
(0.19
)% |
0
% |
— |
$12.38 |
31.14
% |
$14,951 |
1.27
% |
1.21
% |
1.20
% |
(1.16
)% |
0
% |
(0.15
) |
$9.44 |
(13.77
)% |
$15,920 |
1.23
% |
1.21
% |
1.20
% |
(0.25
)% |
269
% |
— |
$11.12 |
1.37
% |
$76,285 |
1.99
% |
1.99
% |
1.19
% |
0.87
% |
292
% |
|
PER
SHARE OPERATING PERFORMANCE
| ||||||
|
|
Change
in Net Assets Resulting from
Operations1 |
Less
Dividends and Distributions
| ||||
|
Net
Asset
Value,
Beginning
of
Period |
Net
Investment
Income
(Loss) |
Net
Realized
and
Unrealized
Gain
(Loss) |
Net
Increase
(Decrease)
in
Net
Asset
Value
from
Operations |
Distributions
from
Net
Investment
Income |
Distributions
from
Net
Realized
Gains |
Return
of
Capital |
AQR
MACRO OPPORTUNITIES FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$10.82 |
0.28 |
(0.32
) |
(0.04
) |
(0.99
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$9.01 |
0.15 |
2.46 |
2.61 |
(0.03
) |
(0.77
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.58 |
(0.12
) |
(0.31
) |
(0.43
) |
(0.08
) |
(0.06
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.52 |
(0.07
) |
0.22 |
0.15 |
— |
(0.09
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.08 |
0.06 |
0.38 |
0.44 |
(0.00
)10 |
— |
— |
AQR
MACRO OPPORTUNITIES FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$10.61 |
0.26 |
(0.32
) |
(0.06
) |
(0.89
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$8.86 |
0.12 |
2.42 |
2.54 |
(0.02
) |
(0.77
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.42 |
(0.14
) |
(0.30
) |
(0.44
) |
(0.06
) |
(0.06
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.39 |
(0.10
) |
0.22 |
0.12 |
— |
(0.09
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.97 |
0.03 |
0.39 |
0.42 |
(0.00
)10 |
— |
— |
AQR
MACRO OPPORTUNITIES FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$10.85 |
0.30 |
(0.33
) |
(0.03
) |
(1.01
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$9.03 |
0.12 |
2.51 |
2.63 |
(0.04
) |
(0.77
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.60 |
(0.11
) |
(0.31
) |
(0.42
) |
(0.09
) |
(0.06
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.53 |
(0.07
) |
0.23 |
0.16 |
— |
(0.09
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.08 |
0.06 |
0.39 |
0.45 |
(0.00
)10 |
— |
— |
AQR
MANAGED FUTURES STRATEGY FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.71 |
0.29 |
(0.13
) |
0.16 |
(0.68
) |
— |
(0.01
) |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.26 |
0.03 |
2.53 |
2.56 |
(1.11
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$7.85 |
(0.09
) |
0.00
10 |
(0.09
) |
(0.50
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.30 |
(0.04
) |
0.01 |
(0.03
) |
(0.42
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.41 |
0.09 |
0.06 |
0.15 |
(0.26
) |
— |
— |
AQR
MANAGED FUTURES STRATEGY FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.63 |
0.26 |
(0.12
) |
0.14 |
(0.65
) |
— |
(0.01
) |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.20 |
0.00
10 |
2.52 |
2.52 |
(1.09
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$7.78 |
(0.11
) |
0.00
10 |
(0.11
) |
(0.47
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.16 |
(0.06
) |
0.00
10 |
(0.06
) |
(0.32
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.27 |
0.06 |
0.07 |
0.13 |
(0.24
) |
— |
— |
AQR
MANAGED FUTURES STRATEGY FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.72 |
0.30 |
(0.12
) |
0.18 |
(0.69
) |
— |
(0.01
) |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.27 |
0.05 |
2.52 |
2.57 |
(1.12
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$7.86 |
(0.09
) |
0.01 |
(0.08
) |
(0.51
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.32 |
(0.03
) |
0.00
10 |
(0.03
) |
(0.43
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.42 |
0.09 |
0.08 |
0.17 |
(0.27
) |
— |
— |
|
|
|
RATIOS/SUPPLEMENTAL
DATA
| |||||
|
|
|
|
Ratios
to Average Net Assets of:*
|
| |||
Total
Distributions |
Net
Asset
Value,
End
of
Period |
Total
Return2,3 |
Net
Assets,
End
of Period
(000’s) |
Expenses,
Before
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers
(Excluding
Dividend
Short
Expense &
Interest
Expense)4 |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate5 |
|
|
|
|
|
|
|
|
|
(0.99
) |
$9.79 |
(0.33
)% |
$36,898 |
1.44
% |
1.21
% |
1.20
% |
2.59
% |
70
% |
(0.80
) |
$10.82 |
29.28
% |
$129,055 |
1.98
% |
1.68
% |
1.20
% |
1.34
% |
319
% |
(0.14
) |
$9.01 |
(4.54
)% |
$7,190 |
2.32
%11 |
1.26
% |
1.25
% |
(1.23
)% |
0
% |
(0.09
) |
$9.58 |
1.61
% |
$8,510 |
2.22
% |
1.35
% |
1.34
% |
(0.77
)% |
0
% |
(0.00
)10 |
$9.52 |
4.90
% |
$14,985 |
2.15
% |
1.45
% |
1.45
% |
0.59
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.89
) |
$9.66 |
(0.55
)% |
$2,207 |
1.71
% |
1.46
% |
1.45
% |
2.49
% |
70
% |
(0.79
) |
$10.61 |
28.87
% |
$7,366 |
2.28
% |
1.93
% |
1.45
% |
1.13
% |
319
% |
(0.12
) |
$8.86 |
(4.72
)% |
$638 |
2.60
%11 |
1.50
% |
1.50
% |
(1.47
)% |
0
% |
(0.09
) |
$9.42 |
1.31
% |
$537 |
2.47
% |
1.60
% |
1.59
% |
(1.04
)% |
0
% |
(0.00
)10 |
$9.39 |
4.73
% |
$1,173 |
2.23
% |
1.70
% |
1.70
% |
0.37
% |
0
% |
|
|
|
|
|
|
|
|
|
(1.01
) |
$9.81 |
(0.25
)% |
$64,460 |
1.38
% |
1.11
% |
1.10
% |
2.85
% |
70
% |
(0.81
) |
$10.85 |
29.38
% |
$43,554 |
1.98
% |
1.58
% |
1.10
% |
1.13
% |
319
% |
(0.15
) |
$9.03 |
(4.41
)% |
$19,389 |
2.24
%11 |
1.16
% |
1.15
% |
(1.13
)% |
0
% |
(0.09
) |
$9.60 |
1.71
% |
$19,070 |
2.12
% |
1.23
% |
1.22
% |
(0.71
)% |
0
% |
(0.00
)10 |
$9.53 |
5.01
% |
$11,841 |
2.08
% |
1.35
% |
1.35
% |
0.67
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.69
) |
$8.18 |
1.80
% |
$1,147,293 |
1.27
% |
1.27
% |
1.25
% |
3.28
% |
0
% |
(1.11
) |
$8.71 |
35.38
% |
$1,311,469 |
1.27
% |
1.27
% |
1.25
% |
0.28
% |
0
% |
(0.50
) |
$7.26 |
(1.06
)% |
$870,337 |
1.24
% |
1.24
% |
1.23
% |
(1.18
)% |
0
% |
(0.42
) |
$7.85 |
(0.29
)% |
$1,445,072 |
1.22
% |
1.22
% |
1.22
% |
(0.46
)% |
0
% |
(0.26
) |
$8.30 |
1.80
% |
$2,315,083 |
1.21
% |
1.21
% |
1.20
% |
1.00
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.66
) |
$8.11 |
1.64
% |
$50,893 |
1.53
% |
1.52
% |
1.50
% |
3.01
% |
0
% |
(1.09
) |
$8.63 |
35.04
% |
$64,180 |
1.53
% |
1.52
% |
1.50
% |
0.01
% |
0
% |
(0.47
) |
$7.20 |
(1.31
)% |
$48,894 |
1.47
% |
1.47
% |
1.47
% |
(1.41
)% |
0
% |
(0.32
) |
$7.78 |
(0.60
)% |
$367,278 |
1.49
% |
1.49
% |
1.49
% |
(0.72
)% |
0
% |
(0.24
) |
$8.16 |
1.56
% |
$1,506,755 |
1.49
% |
1.49
% |
1.48
% |
0.71
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.70
) |
$8.20 |
2.02
% |
$149,910 |
1.18
% |
1.17
% |
1.15
% |
3.38
% |
0
% |
(1.12
) |
$8.72 |
35.41
% |
$164,434 |
1.19
% |
1.17
% |
1.15
% |
0.52
% |
0
% |
(0.51
) |
$7.27 |
(0.94
)% |
$100,572 |
1.15
% |
1.15
% |
1.15
% |
(1.09
)% |
0
% |
(0.43
) |
$7.86 |
(0.30
)% |
$437,288 |
1.14
% |
1.14
% |
1.14
% |
(0.37
)% |
0
% |
(0.27
) |
$8.32 |
2.03
% |
$580,587 |
1.14
% |
1.14
% |
1.13
% |
1.07
% |
0
% |
|
PER
SHARE OPERATING PERFORMANCE
| ||||||
|
|
Change
in Net Assets Resulting from
Operations1 |
Less
Dividends and Distributions
| ||||
|
Net
Asset
Value,
Beginning
of
Period |
Net
Investment
Income
(Loss) |
Net
Realized
and
Unrealized
Gain
(Loss) |
Net
Increase
(Decrease)
in
Net
Asset
Value
from
Operations |
Distributions
from
Net
Investment
Income |
Distributions
from
Net
Realized
Gains |
Return
of
Capital |
AQR
MANAGED FUTURES STRATEGY HV FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.35 |
0.23 |
(0.28
) |
(0.05
) |
(0.59
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$6.09 |
0.01 |
3.03 |
3.04 |
(0.78
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.91 |
(0.12
) |
(0.03
) |
(0.15
) |
(0.67
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$7.64 |
(0.06
) |
(0.01
) |
(0.07
) |
(0.66
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$7.82 |
0.04 |
0.10 |
0.14 |
(0.32
) |
— |
— |
AQR
MANAGED FUTURES STRATEGY HV FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.41 |
0.21 |
(0.28
) |
(0.07
) |
(0.57
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$6.12 |
(0.01
) |
3.04 |
3.03 |
(0.74
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.94 |
(0.13
) |
(0.04
) |
(0.17
) |
(0.65
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$7.56 |
(0.07
) |
(0.01
) |
(0.08
) |
(0.54
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$7.73 |
0.02 |
0.10 |
0.12 |
(0.29
) |
— |
— |
AQR
MANAGED FUTURES STRATEGY HV FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.37 |
0.24 |
(0.27
) |
(0.03
) |
(0.60
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$6.11 |
0.01 |
3.04 |
3.05 |
(0.79
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.93 |
(0.11
) |
(0.03
) |
(0.14
) |
(0.68
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$7.66 |
(0.05
) |
(0.01
) |
(0.06
) |
(0.67
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$7.84 |
0.05 |
0.10 |
0.15 |
(0.33
) |
— |
— |
AQR
MULTI-ASSET FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.83 |
0.29 |
0.69 |
0.98 |
(0.23
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$10.54 |
0.25 |
(1.36
) |
(1.11
) |
(0.60
) |
(0.00
)10 |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.81 |
0.14 |
1.27 |
1.41 |
(0.57
) |
(0.11
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.66 |
0.01 |
0.25 |
0.26 |
(0.11
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.51 |
0.12 |
1.67 |
1.79 |
(0.64
) |
— |
— |
AQR
MULTI-ASSET FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.80 |
0.26 |
0.70 |
0.96 |
(0.21
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$10.51 |
0.22 |
(1.34
) |
(1.12
) |
(0.59
) |
(0.00
)10 |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.79 |
0.11 |
1.27 |
1.38 |
(0.55
) |
(0.11
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.63 |
(0.01
) |
0.24 |
0.23 |
(0.07
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.49 |
0.11 |
1.65 |
1.76 |
(0.62
) |
— |
— |
AQR
MULTI-ASSET FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.82 |
0.29 |
0.70 |
0.99 |
(0.24
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$10.53 |
0.26 |
(1.36
) |
(1.10
) |
(0.61
) |
(0.00
)10 |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$9.80 |
0.16 |
1.26 |
1.42 |
(0.58
) |
(0.11
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$9.65 |
0.02 |
0.25 |
0.27 |
(0.12
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$8.51 |
0.04 |
1.75 |
1.79 |
(0.65
) |
— |
— |
|
|
|
RATIOS/SUPPLEMENTAL
DATA
| |||||
|
|
|
|
Ratios
to Average Net Assets of:*
|
| |||
Total
Distributions |
Net
Asset
Value,
End
of
Period |
Total
Return2,3 |
Net
Assets,
End
of Period
(000’s) |
Expenses,
Before
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers
(Excluding
Dividend
Short
Expense &
Interest
Expense)4 |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate5 |
|
|
|
|
|
|
|
|
|
(0.59
) |
$7.71 |
(0.58
)% |
$77,590 |
1.87
% |
1.68
% |
1.65
% |
2.72
% |
0
% |
(0.78
) |
$8.35 |
50.00
% |
$131,821 |
1.93
%12 |
1.66
% |
1.65
% |
0.12
% |
0
% |
(0.67
) |
$6.09 |
(2.11
)% |
$37,100 |
1.94
% |
1.71
% |
1.70
% |
(1.65
)% |
0
% |
(0.66
) |
$6.91 |
(0.65
)% |
$90,075 |
1.76
% |
1.66
% |
1.65
% |
(0.83
)% |
0
% |
(0.32
) |
$7.64 |
1.81
% |
$159,510 |
1.70
% |
1.64
% |
1.64
% |
0.50
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.57
) |
$7.77 |
(0.81
)% |
$3,887 |
2.12
% |
1.93
% |
1.90
% |
2.49
% |
0
% |
(0.74
) |
$8.41 |
49.52
% |
$4,923 |
2.17
%12 |
1.91
% |
1.90
% |
(0.06
)% |
0
% |
(0.65
) |
$6.12 |
(2.34
)% |
$2,325 |
2.20
% |
1.96
% |
1.95
% |
(1.91
)% |
0
% |
(0.54
) |
$6.94 |
(0.80
)% |
$3,141 |
1.99
% |
1.91
% |
1.90
% |
(0.87
)% |
0
% |
(0.29
) |
$7.56 |
1.55
% |
$31,794 |
1.96
% |
1.90
% |
1.90
% |
0.26
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.60
) |
$7.74 |
(0.34
)% |
$80,335 |
1.78
% |
1.58
% |
1.55
% |
2.89
% |
0
% |
(0.79
) |
$8.37 |
49.95
% |
$46,323 |
1.84
%12 |
1.56
% |
1.55
% |
0.07
% |
0
% |
(0.68
) |
$6.11 |
(1.92
)% |
$20,134 |
1.84
% |
1.60
% |
1.59
% |
(1.55
)% |
0
% |
(0.67
) |
$6.93 |
(0.49
)% |
$25,354 |
1.65
% |
1.56
% |
1.55
% |
(0.65
)% |
0
% |
(0.33
) |
$7.66 |
1.93
% |
$95,310 |
1.61
% |
1.55
% |
1.55
% |
0.59
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.23
) |
$9.58 |
11.13
% |
$119,048 |
1.11
% |
1.00
% |
0.80
% |
3.07
% |
125
% |
(0.60
) |
$8.83 |
(10.52
)% |
$94,401 |
1.19
% |
1.00
% |
0.80
% |
2.52
% |
179
% |
(0.68
) |
$10.54 |
14.34
% |
$104,649 |
1.15
% |
0.97
% |
0.80
% |
1.35
% |
125
% |
(0.11
) |
$9.81 |
2.68
% |
$120,287 |
1.20
% |
1.04
% |
0.87
% |
0.10
% |
187
% |
(0.64
) |
$9.66 |
21.05
% |
$119,488 |
1.47
% |
1.34
% |
0.93
% |
1.31
% |
233
% |
|
|
|
|
|
|
|
|
|
(0.21
) |
$9.55 |
10.91
% |
$11,539 |
1.35
% |
1.25
% |
1.05
% |
2.82
% |
125
% |
(0.59
) |
$8.80 |
(10.70
)% |
$8,931 |
1.44
% |
1.25
% |
1.05
% |
2.24
% |
179
% |
(0.66
) |
$10.51 |
14.06
% |
$5,855 |
1.40
% |
1.22
% |
1.05
% |
1.03
% |
125
% |
(0.07
) |
$9.79 |
2.41
% |
$5,585 |
1.46
% |
1.31
% |
1.14
% |
(0.08
)% |
187
% |
(0.62
) |
$9.63 |
20.67
% |
$11,366 |
1.74
% |
1.61
% |
1.20
% |
1.13
% |
233
% |
|
|
|
|
|
|
|
|
|
(0.24
) |
$9.57 |
11.25
% |
$131,739 |
1.00
% |
0.90
% |
0.70
% |
3.12
% |
125
% |
(0.61
) |
$8.82 |
(10.43
)% |
$39,671 |
1.09
% |
0.90
% |
0.70
% |
2.67
% |
179
% |
(0.69
) |
$10.53 |
14.48
% |
$16,943 |
1.05
% |
0.87
% |
0.70
% |
1.51
% |
125
% |
(0.12
) |
$9.80 |
2.78
% |
$12,202 |
1.08
% |
0.92
% |
0.75
% |
0.20
% |
187
% |
(0.65
) |
$9.65 |
21.07
% |
$4,691 |
1.38
% |
1.26
% |
0.85
% |
0.48
% |
233
% |
|
PER
SHARE OPERATING PERFORMANCE
| ||||||
|
|
Change
in Net Assets Resulting from
Operations1 |
Less
Dividends and Distributions
| ||||
|
Net
Asset
Value,
Beginning
of
Period |
Net
Investment
Income
(Loss) |
Net
Realized
and
Unrealized
Gain
(Loss) |
Net
Increase
(Decrease)
in
Net
Asset
Value
from
Operations |
Distributions
from
Net
Investment
Income |
Distributions
from
Net
Realized
Gains |
Return
of
Capital |
AQR
RISK-BALANCED COMMODITIES STRATEGY FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.94 |
0.31 |
(0.33
) |
(0.02
) |
(0.63
) |
(0.00
)10 |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$8.08 |
0.03 |
1.68 |
1.71 |
(0.85
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.85 |
(0.08
) |
2.78 |
2.70 |
(1.47
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$6.33 |
(0.01
) |
0.54 |
0.53 |
— |
(0.01
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$5.65 |
0.06 |
0.95 |
1.01 |
(0.33
) |
— |
(0.00
)10 |
AQR
RISK-BALANCED COMMODITIES STRATEGY FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.76 |
0.28 |
(0.33
) |
(0.05
) |
(0.60
) |
(0.00
)10 |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.94 |
0.01 |
1.64 |
1.65 |
(0.83
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.75 |
(0.10
) |
2.74 |
2.64 |
(1.45
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$6.25 |
(0.03
) |
0.54 |
0.51 |
— |
(0.01
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$5.58 |
0.05 |
0.93 |
0.98 |
(0.31
) |
— |
(0.00
)10 |
AQR
RISK-BALANCED COMMODITIES STRATEGY FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$8.98 |
0.32 |
(0.34
) |
(0.02
) |
(0.63
) |
(0.00
)10 |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$8.12 |
0.09 |
1.63 |
1.72 |
(0.86
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.87 |
(0.08
) |
2.81 |
2.73 |
(1.48
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$6.35 |
(0.01
) |
0.54 |
0.53 |
— |
(0.01
) |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$5.66 |
0.07 |
0.95 |
1.02 |
(0.33
) |
— |
(0.00
)10 |
AQR
STYLE PREMIA ALTERNATIVE FUND CLASS I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$7.48 |
0.21 |
0.77 |
0.98 |
(1.62
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.03 |
(0.01
) |
2.16 |
2.15 |
(1.70
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.36 |
(0.10
) |
1.67 |
1.57 |
(0.90
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.15 |
(0.06
) |
(1.73
) |
(1.79
) |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.02 |
0.02
6 |
(0.76
) |
(0.74
) |
(0.13
) |
— |
(0.00
)10 |
AQR
STYLE PREMIA ALTERNATIVE FUND CLASS N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$7.41 |
0.19 |
0.76 |
0.95 |
(1.60
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$6.98 |
(0.03
) |
2.14 |
2.11 |
(1.68
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.32 |
(0.12
) |
1.66 |
1.54 |
(0.88
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.12 |
(0.08
) |
(1.72
) |
(1.80
) |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.00 |
0.00
6,10 |
(0.75
) |
(0.75
) |
(0.13
) |
— |
(0.00
)10 |
AQR
STYLE PREMIA ALTERNATIVE FUND CLASS R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$7.52 |
0.22 |
0.77 |
0.99 |
(1.63
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$7.06 |
(0.01
) |
2.17 |
2.16 |
(1.70
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2021 |
$6.38 |
(0.10
) |
1.69 |
1.59 |
(0.91
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2020 |
$8.17 |
(0.05
) |
(1.74
) |
(1.79
) |
— |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2019 |
$9.03 |
0.03
6 |
(0.76
) |
(0.73
) |
(0.13
) |
— |
(0.00
)10 |
AQR
SUSTAINABLE LONG-SHORT EQUITY CARBON AWARE FUND CLASS
I | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$11.39 |
0.34 |
2.33 |
2.67 |
(2.65
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$10.08 |
(0.01
) |
1.56 |
1.55 |
(0.24
) |
(0.00
)10 |
— |
FOR
THE PERIOD 12/16/219-12/31/21 |
$10.00 |
(0.01
) |
0.09 |
0.08 |
— |
— |
— |
AQR
SUSTAINABLE LONG-SHORT EQUITY CARBON AWARE FUND CLASS
N | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$11.37 |
0.32 |
2.31 |
2.63 |
(2.62
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$10.08 |
(0.03
) |
1.55 |
1.52 |
(0.23
) |
(0.00
)10 |
— |
FOR
THE PERIOD 12/16/219-12/31/21 |
$10.00 |
(0.01
) |
0.09 |
0.08 |
— |
— |
— |
AQR
SUSTAINABLE LONG-SHORT EQUITY CARBON AWARE FUND CLASS
R6 | |||||||
FOR
THE YEAR ENDED DECEMBER 31, 2023 |
$11.40 |
0.36 |
2.32 |
2.68 |
(2.66
) |
— |
— |
FOR
THE YEAR ENDED DECEMBER 31, 2022 |
$10.08 |
(0.04
) |
1.61 |
1.57 |
(0.25
) |
(0.00
)10 |
— |
FOR
THE PERIOD 12/16/219-12/31/21 |
$10.00 |
(0.00
)10 |
0.08 |
0.08 |
— |
— |
— |
|
|
|
RATIOS/SUPPLEMENTAL
DATA
| |||||
|
|
|
|
Ratios
to Average Net Assets of:*
|
| |||
Total
Distributions |
Net
Asset
Value,
End
of
Period |
Total
Return2,3 |
Net
Assets,
End
of Period
(000’s) |
Expenses,
Before
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers4 |
Expenses,Net
of
Reimbursements
and/or
Waivers
(Excluding
Dividend
Short
Expense &
Interest
Expense)4 |
Net
Investment
Income
(Loss) |
Portfolio
Turnover
Rate5 |
|
|
|
|
|
|
|
|
|
(0.63
) |
$8.29 |
(0.23
)% |
$374,019 |
1.05
% |
1.01
% |
1.00
% |
3.44
% |
0
% |
(0.85
) |
$8.94 |
21.44
% |
$391,025 |
1.04
% |
1.01
% |
1.00
% |
0.30
% |
0
% |
(1.47
) |
$8.08 |
39.60
% |
$214,957 |
1.11
% |
1.01
% |
1.00
% |
(0.98
)% |
0
% |
(0.01
) |
$6.85 |
8.32
% |
$38,558 |
1.10
% |
1.00
% |
1.00
% |
(0.13
)% |
0
% |
(0.33
) |
$6.33 |
17.96
% |
$105,145 |
1.06
% |
0.99
% |
0.99
% |
1.05
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.60
) |
$8.11 |
(0.51
)% |
$41,426 |
1.30
% |
1.26
% |
1.25
% |
3.19
% |
0
% |
(0.83
) |
$8.76 |
21.01
% |
$40,199 |
1.30
% |
1.26
% |
1.25
% |
0.07
% |
0
% |
(1.45
) |
$7.94 |
39.33
% |
$29,648 |
1.37
% |
1.26
% |
1.25
% |
(1.23
)% |
0
% |
(0.01
) |
$6.75 |
8.11
% |
$16,188 |
1.39
% |
1.25
% |
1.25
% |
(0.63
)% |
0
% |
(0.31
) |
$6.25 |
17.67
% |
$13,586 |
1.32
% |
1.25
% |
1.25
% |
0.79
% |
0
% |
|
|
|
|
|
|
|
|
|
(0.63
) |
$8.33 |
(0.16
)% |
$40,876 |
0.95
% |
0.91
% |
0.90
% |
3.60
% |
0
% |
(0.86
) |
$8.98 |
21.45
% |
$29,821 |
0.96
% |
0.91
% |
0.90
% |
0.90
% |
0
% |
(1.48
) |
$8.12 |
39.89
% |
$3,494 |
1.02
% |
0.91
% |
0.90
% |
(0.88
)% |
0
% |
(0.01
) |
$6.87 |
8.29
% |
$789 |
1.02
% |
0.90
% |
0.90
% |
(0.14
)% |
0
% |
(0.33
) |
$6.35 |
18.20
% |
$148,682 |
0.97
% |
0.90
% |
0.90
% |
1.12
% |
0
% |
|
|
|
|
|
|
|
|
|
(1.62
) |
$6.84 |
12.81
% |
$356,484 |
1.74
% |
1.72
% |
1.50
% |
2.66
% |
115
% |
(1.70
) |
$7.48 |
30.64
% |
$322,368 |
1.67
% |
1.63
% |
1.49
% |
(0.13
)% |
174
% |
(0.90
) |
$7.03 |
24.83
% |
$242,712 |
1.67
% |
1.60
% |
1.50
% |
(1.38
)% |
194
% |
— |
$6.36 |
(21.96
)% |
$237,379 |
1.84
% |
1.78
% |
1.50
% |
(0.80
)% |
544
% |
(0.13
) |
$8.15 |
(8.20
)% |
$866,804 |
2.51
% |
2.48
% |
1.49
% |
0.28
%6 |
170
% |
|
|
|
|
|
|
|
|
|
(1.60
) |
$6.76 |
12.49
% |
$31,491 |
1.98
% |
1.96
% |
1.74
% |
2.42
% |
115
% |
(1.68
) |
$7.41 |
30.28
% |
$32,005 |
1.94
% |
1.89
% |
1.75
% |
(0.34
)% |
174
% |
(0.88
) |
$6.98 |
24.53
% |
$19,068 |
1.92
% |
1.85
% |
1.75
% |
(1.63
)% |
194
% |
— |
$6.32 |
(22.17
)% |
$14,857 |
2.08
% |
2.03
% |
1.75
% |
(1.06
)% |
544
% |
(0.13
) |
$8.12 |
(8.33
)% |
$40,665 |
2.77
% |
2.74
% |
1.75
% |
0.02
%6 |
170
% |
|
|
|
|
|
|
|
|
|
(1.63
) |
$6.88 |
12.84
% |
$487,319 |
1.64
% |
1.62
% |
1.40
% |
2.75
% |
115
% |
(1.70
) |
$7.52 |
30.79
% |
$483,083 |
1.59
% |
1.54
% |
1.40
% |
(0.07
)% |
174
% |
(0.91
) |
$7.06 |
25.04
% |
$396,425 |
1.57
% |
1.50
% |
1.40
% |
(1.28
)% |
194
% |
— |
$6.38 |
(21.91
)% |
$390,127 |
1.74
% |
1.68
% |
1.40
% |
(0.68
)% |
544
% |
(0.13
) |
$8.17 |
(8.08
)% |
$1,163,852 |
2.42
% |
2.39
% |
1.40
% |
0.33
%6 |
170
% |
|
|
|
|
|
|
|
|
|
(2.65
) |
$11.41 |
23.56
% |
$2,812 |
2.04
% |
1.35
% |
1.30
% |
2.76
% |
0
% |
(0.24
) |
$11.39 |
15.46
% |
$9,447 |
2.91
% |
1.35
% |
1.30
% |
(0.06
)% |
0
% |
— |
$10.08 |
0.80
% |
$504 |
3.45
%8 |
1.30
% |
1.30
% |
(1.29
)% |
0
% |
|
|
|
|
|
|
|
|
|
(2.62
) |
$11.38 |
23.27
% |
$7,725 |
2.28
% |
1.60
% |
1.55
% |
2.59
% |
0
% |
(0.23
) |
$11.37 |
15.14
% |
$5,015 |
3.12
% |
1.60
% |
1.55
% |
(0.28
)% |
0
% |
— |
$10.08 |
0.80
% |
$503 |
3.70
%8 |
1.55
% |
1.55
% |
(1.54
)% |
0
% |
|
|
|
|
|
|
|
|
|
(2.66
) |
$11.42 |
23.64
% |
$12,702 |
1.95
% |
1.25
% |
1.20
% |
2.84
% |
0
% |
(0.25
) |
$11.40 |
15.62
% |
$10,271 |
3.41
% |
1.25
% |
1.20
% |
(0.35
)% |
0
% |
— |
$10.08 |
0.80
% |
$9,081 |
3.43
%8 |
1.20
% |
1.20
% |
(1.19
)% |
0
% |
FUND |
NET
INVESTMENT INCOME PER SHARE |
NET
INVESTMENT INCOME RATIO |
AQR
Alternative Risk Premia Fund |
$0.01 |
0.11% |
AQR
Style Premia Alternative Fund |
0.01 |
0.12 |
1940
Act |
the
Investment Company Act of 1940, as amended |
Adviser |
AQR
Capital Management, LLC |
Advisory
Agreement |
the
investment advisory contracts under which the Adviser
serves as investment
adviser
to each Fund |
Bloomberg
Barclays U.S. Aggregate
Bond
Index |
the
Bloomberg Barclays U.S. Aggregate Bond Index (also known as Bloomberg
U.S.
Aggregate Bond Index) is a broad-based benchmark that measures the
investment
grade, US dollar denominated, fixed-rate taxable bond market. The
index
includes U.S. Treasuries, government-related and corporate securities,
fixed-rate
agency MBS, ABS and CMBS (agency and non-agency). |
Bloomberg
Commodity Total Return
Index |
the
Bloomberg Commodity Total Return Index is a broad-based index used to
represent
the most frequently-traded global commodity
futures |
Board
of Trustees |
the
Board of Trustees of the AQR Funds or any duly authorized committee
thereof,
as permitted by applicable law |
Business
Day |
each
day during which the NYSE
is open for trading |
Code |
the
Internal Revenue Code of 1986, as amended |
Convertible
security(ies) |
fixed
income securities that are convertible into common
stock |
Distributor |
ALPS
Distributors, Inc. |
Good
order |
a
purchase, exchange or redemption order is in “good order” when a Fund, its
Distributor
and/or its agent, receives all required information, including properly
completed
and signed documents |
ICE
BofA US 3-Month Treasury Bill
Index |
the
ICE BofA US 3-Month Treasury Bill Index is designed to measure the
performance
of high-quality short-term cash-equivalent
investments |
IRS |
the
Internal Revenue Service |
MSCI
World Index |
the
MSCI World Index is a free float-adjusted market capitalization index that
is
designed
to measure the performance of equities in developed markets,
including
the United States and Canada |
Mutual
fund |
an
investment company registered under the 1940
Act
that pools the money of
many
investors and invests it in a variety of securities in an effort to
achieve a
specific
objective over time |
NAV |
the
net asset value of a particular Fund |
Non-Interested
Trustee |
a
trustee of the Trust
who is not an “interested person” of the Trust,
as defined in
the
1940
Act |
NYSE |
the
New York Stock Exchange |
Rule
12b-1 Plan |
a
plan pursuant to Rule 12b-1 under the 1940
Act,
which permits a Fund to pay
distribution
and/or administrative expenses out of fund assets |
Rule
18f-4 |
Rule
18f-4
of the 1940
Act,
providing certain conditional exemptions related to a
Fund’s
investment in Derivative Transactions (as defined in the section titled
“How
the Funds Pursue Their Investment Objectives – Regulation of
Derivatives”)
from the requirements of Section 18 of the 1940
Act |
S&P
500®
Index |
the
S&P 500 Index is a capitalization-weighted index of 500 stocks that is
designed
to measure performance of the broad domestic economy through
changes
in the aggregate market value of 500 stocks representing a broad range
of
industries. The component stocks are weighted according to the total
float-
adjusted
market value of their outstanding shares |
SEC |
U.S.
Securities and Exchange
Commission |
Subsidiary |
The
AQR Managed Futures Strategy Offshore Fund Ltd., a wholly-owned and
controlled
subsidiary of the AQR Managed Futures Strategy Fund, or the AQR
Managed
Futures Strategy HV Offshore Fund Ltd., a wholly-owned and
controlled
subsidiary of the AQR Managed Futures Strategy HV Fund, or the
AQR
Risk-Balanced Commodities Strategy Offshore Fund Ltd., a wholly-owned
and
controlled subsidiary of the AQR Risk-Balanced Commodities Strategy Fund,
or
the AQR Macro Opportunities Offshore Fund Ltd., a wholly-owned and
controlled
subsidiary of the AQR Macro Opportunities Fund, or the AQR
Multi-
Asset
Offshore Fund Ltd., a wholly-owned and controlled subsidiary of the AQR
Multi-Asset
Fund, or the AQR Style Premia Alternative Offshore Fund Ltd., a
wholly
owned and controlled subsidiary of the AQR Style Premia Alternative
Fund,
or the AQR Alternative Risk Premia Offshore Fund Ltd., a wholly owned
and
controlled subsidiary of the AQR Alternative Risk Premia Fund, as
applicable,
each organized under the laws of the Cayman Islands as an
exempted
company. |
Sub-Adviser |
AQR
Arbitrage, LLC |
Total
return |
the
percentage change, over a specified time period, in a mutual
fund’s NAV,
assuming
the reinvestment of all distributions of dividends and capital
gains |
Tracking
Risk |
a
measure of how closely a portfolio follows the index to which it is
benchmarked.
It
measures the standard deviation of the difference between the portfolio
and
index returns |
Transfer
Agent |
ALPS
Fund Services, Inc. |
Trust |
AQR
Funds, a Delaware statutory trust |
Volatility |
a
statistical measure of the dispersion of returns of a security or fund or
index, as
measured
by the annualized standard deviation of its returns. Higher volatility
generally
indicates higher risk |