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    IQ Merger Arbitrage ETF (MNA)

    28.44 Up 0.02(0.07%) Jul 31, 4:00PM EDT
    Prev Close:28.42
    Bid:28.18 x 1000
    Ask:28.46 x 600
    Net Assets²:137.41M
    YTD Return (Mkt)²:2.87%
    Day's Range:28.40 - 28.48
    52wk Range:26.39 - 29.15
    Avg Vol (3m):39,884
    P/E (ttm)²:28
    Yield (ttm)²:0.00

    ¹As of Jul 31, 2015

    ²As of Jun 30, 2015

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


    » More Headlines for MNA

    Fund Basics

    Category:Market Neutral
    Fund Family:IndexIQ
    Total Assets:137.41M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:2.87%
    3y Avg Return:5.16%
    5y Avg Return:3.16%
    Beta (3y):0.09

    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
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