AQRRX Fees and Costs — AQR Multi-Asset Fund, Class R6
Data updated: 2026-08-27
The net expense ratio is 0.93%: a 0.60% management fee plus 0.32% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $709K in broker commissions, 0.0558% of average net assets, and portfolio turnover was 110%.
AQRRX Fees and Expenses
Annual operating expenses and sales charges of AQRRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.32% |
| Gross expense ratio | 0.93% |
| Fee waiver | — |
| Net expense ratio | 0.93% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
AQRRX Costs Over Time
On $10,000 invested in AQRRX, assuming 5% a year before costs, total costs come to $617 over 5 years, cutting the return by 1.04% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $339 | $617 |
| Value after costs | $10,396 | $11,237 | $12,146 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
AQRRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0558%
- Total broker commissions: $709K
- Bought from dealers (principal trades, not a cost): $7.2B
- Portfolio turnover (prospectus): 110%
- Securities on loan, average value: $51.2M
- Net income from securities lending: $42K (0.003% of average net assets)
AQRRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $284K | 40.23% |
| Morgan Stanley & Co. LLC | $249K | 35.18% |
| Goldman Sachs & Co. LLC | $112K | 15.81% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $22K | 3.15% |
| BofA Securities, Inc. | $14K | 1.99% |
| Instinet, LLC | $9K | 1.24% |
| UBS Securities LLC | $6K | 0.91% |
| BNP Paribas Securities Corp. | $6K | 0.85% |
| Citigroup Global Markets Inc. | $2K | 0.35% |
| SG Americas Securities, LLC | $2K | 0.28% |
AQRRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.1B | 88.83% |
| Citigroup Global Markets Inc. | $161.5M | 2.33% |
| Morgan Stanley & Co. LLC | $132.4M | 1.91% |
| Goldman Sachs & Co. LLC | $90.5M | 1.31% |
| BMO Capital Markets Corp. | $83.7M | 1.21% |
| BNP Paribas Securities Corp. | $81.3M | 1.17% |
| Barclays Capital, Inc. | $69.7M | 1.01% |
| Wells Fargo Securities, LLC | $53.9M | 0.78% |
| BofA Securities, Inc. | $50.5M | 0.73% |
| Citadel Securities LLC | $49.5M | 0.72% |
AQR Multi-Asset Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AQRRX | Class R6 | 0.93% | — |
| AQRIX | Class I | 1.05% | — |
| AQRNX | Class N | 1.32% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.