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    Merger Investor (MERFX)

    15.96 0.00(0.00%) May 28
    Prev Close:15.96
    YTD Return*:1.41%
    Net Assets*:5.25B
    Yield*:2.47%

    * As of 30-Apr-15

    Quotes delayed, except where indicated otherwise. Currency in USD.

    Top Holdings

    Symbol% AssetsYTD Return %
    TRW3.312.33
    TWC3.315.61
    DTV2.894.26
    AIG2.744.13
    FDO2.70-0.97

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:5.25B
    Category:Market Neutral
    Annual Report Expense Ratio (net):1.23%

    Performance & Risk

    YTD Return:1.41%
    5y Avg Return:2.76%
    Rank in Category (ytd):32
    % Rank in Category (ytd):17.2%
    Beta (3y):0.00
    Morningstar Risk Rating:2

    Fund Summary

    The investment seeks capital growth by engaging in merger arbitrage. Under normal market conditions, the fund invests at least 80% of its total assets principally in the common stock, preferred stock and, occasionally, warrants of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Merger arbitrage is a highly specialized investment approach generally designed to profit from the successful completion of such transactions. View More
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