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    Merger Investor (MERFX)

    15.89 Up 0.03(0.19%) Apr 24
    Prev Close:15.86
    YTD Return*:1.41%
    Net Assets*:5.30B
    Yield*:2.47%

    * As of 31-Mar-15

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

    Top Holdings

    Symbol% AssetsYTD Return %
    TWC4.350.82
    COV4.094.33
    AGN3.9913.02
    CMCSA3.45-0.82
    TRW3.012.07

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:5.3B
    Category:Market Neutral
    Annual Report Expense Ratio (net):1.23%

    Performance & Risk

    YTD Return:1.41%
    5y Avg Return:2.67%
    Rank in Category (ytd):21
    % Rank in Category (ytd):11.29%
    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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