• FirefoxInstall the new Firefox »
  •  Dow Up 0.21% Nasdaq Up 0.32%

    More On MNA

    IQ Merger Arbitrage ETF (MNA)

    28.61 Down 0.11(0.38%) 4:00PM EST
    Prev Close:28.72
    Bid:28.61 x 1700
    Ask:28.62 x 900
    Net Assets²:101.48M
    YTD Return (Mkt)²:2.76%
    Day's Range:28.58 - 28.70
    52wk Range:26.39 - 28.76
    Avg Vol (3m):39,293
    P/E (ttm)²:22
    Yield (ttm)²:0.00

    ¹As of Mar 4, 2015

    ²As of Feb 28, 2015

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

    Fund Basics

    Category:Market Neutral
    Fund Family:IndexIQ
    Total Assets:101.48M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:2.76%
    3y Avg Return:4.27%
    5y Avg Return:2.53%
    Beta (3y):-0.07

    Fund Summary

    The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified. View More
    Your browser doesn't support canvas
    Submit Feedback