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    Merger Investor (MERFX)

    15.85 Up 0.02(0.13%) Mar 30
    Prev Close:15.83
    YTD Return*:1.47%
    Net Assets*:5.34B
    Yield*:2.47%

    * As of 28-Feb-15

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

    Top Holdings

    Symbol% AssetsYTD Return %
    TWC4.352.76
    COV4.094.33
    AGN3.9910.94
    CMCSA3.453.59
    TRW3.011.43

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:5.34B
    Category:Market Neutral
    Annual Report Expense Ratio (net):1.23%

    Performance & Risk

    YTD Return:1.47%
    5y Avg Return:2.79%
    Rank in Category (ytd):23
    % Rank in Category (ytd):12.37%
    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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