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    IQ Merger Arbitrage ETF (MNA)

    27.72 Up 0.13(0.47%) Nov 27, 1:00PM EST
    Prev Close:27.59
    Bid:27.63 x 200
    Ask:27.72 x 200
    Net Assets²:134.37M
    YTD Return (Mkt)²:-1.22%
    Day's Range:27.59 - 27.72
    52wk Range:26.62 - 29.15
    Avg Vol (3m):56,409
    P/E (ttm)²:23
    Yield (ttm)²:0.00

    ¹As of Nov 25, 2015

    ²As of Oct 31, 2015

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


    » More Headlines for MNA

    Fund Basics

    Category:Market Neutral
    Fund Family:IndexIQ
    Total Assets:134.37M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:-1.22%
    3y Avg Return:4.37%
    5y Avg Return:2.07%
    Beta (3y):0.02

    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 invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. 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
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