ARCCX Performance — Water Island Credit Opportunities Fund, Class C
Data updated: 2026-09-25
ARCCX returned +12.98% over one year to Mar 2021. Over one year the fund trailed its Short-Term Corporate Bond category average: $100 grew to $113, against $113 for the category. Volatility over the past 12 months was 3.69% a year. In the 12 months to May 2026 the fund took in a net $1.9M, and assets reached $168.86M.
ARCCX Growth of $100
What $100 invested in Water Island Credit Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | ARCCX | Category average |
|---|---|---|
| 1 year (Apr 2020 – Mar 2021) | $113 | $113 |
| Since data start (Sep 2019 – Mar 2021) | $108 | $107 |
ARCCX Trailing Returns
Total returns to Mar 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +12.98% |
ARCCX Annual Returns
Calendar-year total returns of Water Island Credit Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Mar) | +0.79% |
| 2020 | +5.66% |
| 2019 (Sep–Dec) | +1.09% |
ARCCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | +0.2% | +0.6% | −0.1% | — | — | — | — | — | — | — | — | — |
| 2020 | +0.2% | 0.0% | −5.9% | +2.2% | +3.6% | +1.5% | +1.1% | +1.0% | 0.0% | +0.3% | +1.3% | +0.5% |
| 2019 | — | — | — | — | — | — | — | — | +0.1% | +0.1% | +0.3% | +0.6% |
ARCCX Risk
Risk measures from monthly returns over Apr 2020 – Mar 2021.
- 1-year volatility (annualised): 3.69%
- Best month: +3.65% (May 2020)
- Worst month: −0.07% (Mar 2021)
ARCCX Fund Flows
Monthly money in and out of Water Island Credit Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $1.9M
- 12-month gross sales (incl. reinvestments): $56.0M
- Sales ÷ redemptions: 1.04×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $6.5M | $2.1M | $4.4M |
| Apr 2026 | $16.7M | $5.7M | $11.0M |
| Mar 2026 | $2.5M | $2.9M | −$414K |
| Feb 2026 | $2.6M | $7.2M | −$4.6M |
| Jan 2026 | $3.4M | $4.6M | −$1.2M |
| Dec 2025 | $4.9M | $5.1M | −$214K |
| Nov 2025 | $2.2M | $6.2M | −$3.9M |
| Oct 2025 | $4.7M | $5.9M | −$1.3M |
| Sep 2025 | $3.4M | $2.5M | $805K |
| Aug 2025 | $2.1M | $3.2M | −$1.0M |
| Jul 2025 | $4.5M | $4.9M | −$431K |
| Jun 2025 | $2.6M | $3.8M | −$1.2M |
ARCCX Assets Under Management
Net assets of Water Island Credit Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $168.86M |
| 2026-02-28 | $152.70M |
| 2025-11-30 | $159.23M |
| 2025-08-31 | $163.24M |
| 2025-05-31 | $165.85M |
| 2025-02-28 | $137.26M |
| 2024-11-30 | $146.53M |
| 2024-08-31 | $146.07M |
| 2024-05-31 | $142.94M |
| 2024-02-29 | $141.07M |
| 2023-11-30 | $124.20M |
| 2023-08-31 | $119.70M |
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.