Nasdaq - Delayed Quote USD

First Trust Merger Arbitrage Cl I (VARBX)

10.81 +0.01 (+0.09%)
At close: 8:01 PM EDT
Advanced Chart
Loading Chart for VARBX
DELL
  • Previous Close 10.80
  • YTD Return 1.51%
  • Expense Ratio 1.78%
  • Category Event Driven
  • Last Cap Gain 0.00
  • Morningstar Rating
  • Morningstar Risk Rating Below Average
  • Sustainability Rating
  • Net Assets 1.62B
  • Beta (5Y Monthly) 0.02
  • Yield 3.37%
  • 5y Average Return --
  • Holdings Turnover 367.00%
  • Last Dividend 0.37
  • Inception Date Oct 1, 2015

Under normal market conditions, the fund's adviser intends to invest in equity securities (publicly-traded common stock and preferred stock) and derivatives thereof of companies that are involved in a significant corporate event, such as a merger or acquisition. Investments in companies undergoing a merger or acquisition have both risk and return characteristics that are different from the risks of investing in the general stock market. It may invest in equity securities of any market capitalization.

First Trust

Fund Family

Event Driven

Fund Category

1.62B

Net Assets

2015-10-01

Inception Date

More about First Trust Merger Arbitrage Cl I

Performance Overview: VARBX

View More

Trailing returns as of 4/17/2024. Category is Event Driven.

YTD Return

VARBX
1.51%
Category
4.64%
 

1-Year Return

VARBX
4.27%
Category
13.76%
 

3-Year Return

VARBX
3.22%
Category
6.25%
 

5-Year Return

VARBX
4.01%
Category
5.34%
 

People Also Watch

VFLEX First Trust Alternative Opportunities Fund
26.81
+0.07%
 
CMNIX Calamos Market Neutral Income I
14.36
-0.07%
 
HMEZX NexPoint Merger Arbitrage Z
19.70
-0.05%
 
FTGC First Trust Global Tactical Commodity Strategy Fund
24.16
-0.17%
 
MBXIX Catalyst/Millburn Hedge Strategy I
39.05
+0.59%
 
FTSM First Trust Enhanced Short Maturity ETF
59.71
+0.05%
 
LMBS First Trust Low Duration Opportunities ETF
47.73
-0.10%
 
JHEQX JPMorgan Hedged Equity I
29.01
-0.07%
 
BIMBX BlackRock Systematic Multi-Strat Instl
10.11
0.00%
 
SDVY First Trust SMID Cap Rising Dividend Achievers ETF
32.33
0.00%
 
FTCS First Trust Capital Strength ETF
81.55
0.00%
 
QMNIX AQR Equity Market Neutral I
9.70
+0.62%
 
BUFR First Trust Cboe Vest Fund of Buffer ETFs
27.45
-0.07%
 
RDVY First Trust Rising Dividend Achievers ETF
53.05
-0.02%
 
FIXD First Trust TCW Opportunistic Fixed Income ETF
42.26
-0.33%
 
MERIX The Merger Fund I
16.92
0.00%
 

Holdings: VARBX

View More

Top 7 Holdings (59.12% of Total Assets)

SymbolCompany% Assets
MVRXX
Morgan Stanley Institutional Liquidity Funds - Government Portfolio 37.38%
O
Realty Income Corporation 8.53%
SCRM
Screaming Eagle Acquisition Corp. 3.85%
AEL
American Equity Investment Life Holding Company 3.14%
XOM
Exxon Mobil Corporation 2.26%
PXD
Pioneer Natural Resources Company 2.18%
KIM
Kimco Realty Corporation 1.77%

Sector Weightings

SectorVARBX
Financial Services   70.70%
Real Estate   13.72%
Technology   7.05%
Energy   2.92%
Industrials   2.42%
Healthcare   2.34%
Communication Services   0.63%
Consumer Cyclical   0.23%
Basic Materials   0.00%
Consumer Defensive   0.00%
Utilities   0.00%
View More

Related Mutual Fund News

View More

First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF
Business Wire 22 days ago
Third Avenue Management Named 2024 Best Equity Fund Family Group by LSEG Lipper

Third Avenue Management Named 2024 Best Equity Fund Family Group by LSEG Lipper
Business Wire last month
Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?
Zacks last month
Tortoise Energy Infrastructure Total Return Fund (TORIX/TORTX/TORCX) Announces Quarterly Distribution Increase

Tortoise Energy Infrastructure Total Return Fund (TORIX/TORTX/TORCX) Announces Quarterly Distribution Increase
ACCESSWIRE last month

Third Avenue Launches Global Value UCITS For Non-U.S. Investors
Business Wire last month
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
Business Wire 4 months ago
TortoiseEcofin Announces 2023 Estimated Capital Gain Distributions for its Open End Mutual Funds

TortoiseEcofin Announces 2023 Estimated Capital Gain Distributions for its Open End Mutual Funds
ACCESSWIRE 5 months ago
3 Funds to Add to Your Portfolio on Growing Retail Sales

3 Funds to Add to Your Portfolio on Growing Retail Sales
Zacks 9 months ago
View More

Top Mutual Funds

WWWFX Kinetics Internet No Load
74.27
+1.99%
 
KINAX Kinetics Internet Adv A
67.11
+1.99%
 
KINCX Kinetics Internet Adv C
54.90
+1.99%
 
FSPCX Fidelity Select Insurance Port
80.93
+1.20%
 
FSTCX Fidelity Select Telecommunications Port
42.67
+1.04%
 
FTUTX Fidelity Advisor Telecommunications M
41.97
+1.04%
 
FTUAX Fidelity Advisor Telecommunications A
42.31
+1.03%
 
FIJGX Fidelity Advisor Telecommunications Z
42.42
+1.02%
 
FTUIX Fidelity Advisor Telecommunications I
42.56
+1.02%
 
FTUCX Fidelity Advisor Telecommunications C
42.20
+1.01%
 
DRESX Driehaus Emerging Markets Small Cap Growth Fund
20.09
+0.90%
 
KMKYX Kinetics Market Opportunities Inst
49.34
+0.84%
 
FIJCX Fidelity Advisor Consumer Staples Z
90.95
+0.83%
 
KMKNX Kinetics Market Opportunities No Load
48.52
+0.83%
 
FDTGX Fidelity Advisor Consumer Staples M
88.97
+0.83%
 
KMKCX Kinetics Market Opportunities Adv C
45.17
+0.83%
 
KMKAX Kinetics Market Opportunities Adv A
47.66
+0.83%
 
FDCGX Fidelity Advisor Consumer Staples C
87.11
+0.82%
 
FDIGX Fidelity Advisor Consumer Staples I
91.06
+0.82%
 
FDFAX Fidelity Select Consumer Staples Port
91.35
+0.82%
 
FDAGX Fidelity Advisor Consumer Staples A
90.13
+0.82%
 
TORTX Tortoise Energy Infrastructure Total Return Fund
15.06
+0.80%
 
TFIFX T. Rowe Price Financial Services Fund
37.67
+0.80%
 
PRISX T. Rowe Price Financial Services
37.77
+0.80%
 
TORIX Tortoise Energy Infrastructure Total Return Fund
15.30
+0.79%
 
FMEIX Fidelity Covington Trust - Fidelity Enhanced Mid Cap ETF
16.15
+0.75%
 
COBYX The Cook & Bynum
16.22
+0.75%
 
NAEFX New Alternatives Investor
58.83
+0.74%
 
NALFX New Alternatives A
59.14
+0.73%
 
CNPIX Consumer Staples UltraSector ProFund Inv
68.69
+0.69%
 
FSHCX Fidelity Select Health Care Svcs Port
123.93
+0.68%
 
THORX Thornburg Global Opportunities Fund
35.64
+0.68%
 
THOCX Thornburg Global Opportunities Fund
34.27
+0.68%
 
FAFCX Fidelity Advisor Financials C
26.83
+0.68%
 
THOVX Thornburg Global Opportunities Fund
35.79
+0.68%
 
APDKX Artisan International Value Fund
46.23
+0.68%
 
CNPSX Consumer Staples UltraSector ProFund Svc
59.70
+0.67%
 
ARTKX Artisan International Value Investor
46.31
+0.67%
 
FFSIX Fidelity Advisor Financials I
29.98
+0.67%
 
APHKX Artisan International Value Fund
46.47
+0.67%
 
FAFSX Fidelity Advisor Financials M
28.55
+0.67%
 
GLIFX Lazard Global Listed Infrastructure Inst
15.03
+0.67%
 
THOAX Thornburg Global Opportunities Fund
36.08
+0.67%
 
GLFOX Lazard Global Listed Infrastructure Open
15.04
+0.67%
 
THOIX Thornburg Global Opportunities Fund
36.25
+0.67%
 
FMIJX FMI International Fund
34.76
+0.67%
 
THOFX Thornburg Global Opportunities Fund
36.31
+0.67%
 
THOGX Thornburg Global Opportunities Fund
36.41
+0.66%
 
FAFDX Fidelity Advisor Financials A
28.93
+0.66%
 
FIKBX Fidelity Advisor Financials Z
29.93
+0.64%
 
FGJMX Fidelity Advisor Communication ServicesI
95.04
+0.64%
 
FBMPX Fidelity Select Communication Services
95.05
+0.64%
 
FMIYX FMI International Fund
34.91
+0.63%
 
FGKMX Fidelity Advisor Communication ServicesZ
95.65
+0.63%
 
FGEMX Fidelity Advisor Communication ServicesM
92.69
+0.63%
 
FGHMX Fidelity Advisor Communication ServicesC
90.36
+0.62%
 
FGDMX Fidelity Advisor Communication ServicesA
93.71
+0.62%
 
MBXCX Catalyst/Millburn Hedge Strategy C
37.68
+0.61%
 
TBWCX Thornburg Investment Trust - Thornburg Better World International Fund
16.53
+0.61%
 
BIVRX Invenomic Investor
18.42
+0.60%
 
WESNX William Blair Emerg Mkts Sm Cp Gr N
20.10
+0.60%
 
QLEIX AQR Long-Short Equity I
15.16
+0.60%
 
MBXAX Catalyst/Millburn Hedge Strategy A
38.76
+0.60%
 
HWAAX Hotchkis & Wiley Value Opps A
37.32
+0.59%
 
HWAIX Hotchkis & Wiley Value Opps Instl
37.35
+0.59%
 
MBXIX Catalyst/Millburn Hedge Strategy I
39.05
+0.59%
 
HWAZX Hotchkis & Wiley Value Opps Z
37.37
+0.59%
 
QLERX AQR Long-Short Equity R6
15.30
+0.59%
 
MBXFX Catalyst/Millburn Hedge Strategy C-1
37.42
+0.59%
 
BESIX William Blair Emerg Mkts Sm Cp Gr I
20.42
+0.59%
 
TBWAX Thornburg Investment Trust - Thornburg Better World International Fund
17.03
+0.59%
 
WESJX William Blair Emerg Mkts Sm Cp Gr R6
20.48
+0.59%
 
BIVIX Invenomic Institutional
18.84
+0.59%
 
CLFFX Clifford Capital Partners Investor
17.20
+0.58%
 
TAVZX Third Avenue Value Z
68.99
+0.58%
 
TAVFX Third Avenue Value Instl
69.01
+0.58%
 
BIVSX Invenomic Super Institutional
19.11
+0.58%
 
TVFVX Third Avenue Value Investor
69.51
+0.58%
 
CLIFX Clifford Capital Partners Institutional
17.39
+0.58%
 
CIVVX Causeway International Value Inv
19.23
+0.58%
 
CLIQX Clifford Capital Partners Super Instl
17.51
+0.57%
 
HWACX Hotchkis & Wiley Value Opps C
33.28
+0.57%
 
EIPIX EIP Growth and Income I
15.78
+0.57%
 
TBWIX Thornburg Investment Trust - Thornburg Better World International Fund
17.55
+0.57%
 
VEGBX Vanguard Emerging Markets Bond Admiral
22.88
0.00%
 
CIVIX Causeway International Value Instl
19.39
+0.57%
 
CVMCX Calvert Emerging Markets Equity C
15.44
+0.52%
 
FCIVX Frontier MFG Core Infrastructure Service
16.00
+0.52%
 
FMGIX Frontier MFG Core Infrastructure Fund
15.99
+0.52%
 
GEMEX GMO Emerging Markets I
23.57
+0.08%
 
EIPFX EIP Growth and Income Investor
15.73
+0.51%
 
YFSNX AMG Yacktman Global N
15.92
+0.51%
 
CVMAX Calvert Emerging Markets Equity A
16.04
+0.50%
 
CVMRX Calvert Emerging Markets Equity R6
16.13
+0.50%
 
CVMIX Calvert Emerging Markets Equity I
16.18
+0.50%
 
NEOYX Natixis Oakmark Y
30.80
+0.49%
 
NOANX Natixis Oakmark N
30.90
+0.49%
 
HWGIX Hotchkis & Wiley Global Value I
15.10
+0.47%
 
HWGAX Hotchkis & Wiley Global Value A
15.12
+0.47%
 
NECOX Natixis Oakmark C
21.70
+0.46%