# Water Island Event-Driven Fund R (AEDFX)

> Source: Nexqual · https://nexqual.com/AEDFX · data as of 2026-10-24 00:00 UTC · cite as "Nexqual, Water Island Event-Driven Fund R (AEDFX), nexqual.com/AEDFX" · informational, not investment advice.

**Price:** USD 13.26 (-0.15% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 13.28 · day 13.26–13.26 · 52w 12.48–13.36 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +7.0% vs S&P 500 +13.4%; 5Y +20.3% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +7.0% | +20.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +7.0% | +3.8% |
| Volatility (annualized) | 3.7% | 4.0% |
| Max drawdown | -1.4% (Apr 2026→May 2026) | -5.9% (Oct 2021→Jun 2022) |

## Peers
ADANX (AQR Diversified Arbitrage Fund ) USD 13.21 -0.00% · BEXFX (Baron Emerging Markets Fd Retai) USD 20.38 +0.00% · ARBFX (The Arbitrage Fund Class R) USD 13.92 -0.00% · AEDNX (Water Island Diversified Event-) USD 13.47 -0.00% · BEMAX (Brandes Emerging Markets Value ) USD 13.79 +0.00%

## More
Full page: https://nexqual.com/AEDFX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt