Dow Down 0.18% Nasdaq Up 0.39%

IQ Merger Arbitrage ETF (MNA)

27.65 Up 0.07(0.25%) Sep 2, 4:00PM EDT
Prev Close:27.58
Bid:25.91 x 100
Ask:29.21 x 100
Net Assets²:55.39M
YTD Return (Mkt)²:3.90%
Day's Range:27.43 - 27.68
52wk Range:25.73 - 28.24
Avg Vol (3m):21,694
P/E (ttm)²:23
Yield (ttm)²:0.95

¹As of Aug 29, 2014

²As of Jul 31, 2014

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


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Fund Basics

Category:Market Neutral
Fund Family:IndexIQ
Total Assets:55.39M
Legal Type:Exchange Traded Fund

Performance & Risk

YTD Return:3.90%
3y Avg Return:3.55%
5y Avg Return:NaN
Beta (3y):-0.27

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 ("IndexIQ"). 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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