• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down 0.16% Nasdaq Down 0.08%

    IQ Merger Arbitrage ETF (MNA)

    28.84 Up 0.07(0.24%) Jul 2, 4:00PM EDT
    Prev Close:28.77
    Bid:3.63 x 100
    Ask:9,000.00 x 100
    Net Assets²:123.17M
    YTD Return (Mkt)²:4.19%
    Day's Range:28.74 - 28.86
    52wk Range:26.39 - 29.15
    Avg Vol (3m):32,564
    P/E (ttm)²:29
    Yield (ttm)²:0.00

    ¹As of Jul 2, 2015

    ²As of May 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:123.17M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:4.19%
    3y Avg Return:5.60%
    5y Avg Return:3.33%
    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 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