• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up 0.04% Nasdaq Up 0.01%

    Merger Investor (MERFX)

    15.71 0.00(0.00%) Aug 3
    Prev Close:15.71
    YTD Return*:0.70%
    Net Assets*:5.22B
    Yield*:2.48%

    * As of 30-Jun-15

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

    Top Holdings

    Symbol% AssetsYTD Return %
    TRW3.31N/A
    TWC3.31N/A
    DTV2.89N/A
    AIG2.74N/A
    FDO2.70N/A

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:5.22B
    Category:Market Neutral
    Annual Report Expense Ratio (net):1.23%

    Performance & Risk

    YTD Return:0.70%
    5y Avg Return:2.83%
    Rank in Category (ytd):34
    % Rank in Category (ytd):19.54%
    Beta (3y):0.08
    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
    Your browser doesn't support canvas
    SETTINGS
    Scrolling
    Speed
    Display
    Price
    Submit Feedback