IQ Merger Arbitrage ETF (MNA)
31.05
-0.04 (-0.14%)
USD |
NYSEARCA |
May 16, 16:00
31.05
0.00 (0.00%)
After-Hours: 18:28
Price Chart
Key Stats
Customize
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.77% | 0.06% | 578.01M | 70612.73 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 0% | 313.0% | -114.68M | Upgrade |
Basic Info
| Investment Strategy | |
| 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. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Event Driven |
| Category Index | Morningstar Mod Con Tgt Risk TR USD |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| IQ Hedge Merger Arbitrage TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Greg Barrato | 11.18 yrs |
| James Harrison | 4.01 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
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Category Low
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Category High
1 Year
% Rank:
100
-114.68M
-114.68M
Category Low
1.425B
Category High
3 Months
% Rank:
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Category High
3 Years
% Rank:
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Category High
6 Months
% Rank:
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Category High
5 Years
% Rank:
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YTD
% Rank:
--
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Category Low
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10 Years
% Rank:
--
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Category Low
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Category High
As of April 30, 2022
Performance Versus Category
As of May 13, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 13, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Anaplan Inc | 7.59% | 64.51 | 0.55% |
| Nielsen Holdings PLC | 7.13% | 25.01 | -0.52% |
| Cerner Corp | 6.44% | 94.08 | -0.14% |
| Mimecast Ltd | 6.06% | 79.84 | 0.11% |
| Plantronics Inc | 4.09% | 39.33 | -0.13% |
| Activision Blizzard Inc | 3.59% | 78.02 | 0.35% |
| Mandiant Inc | 3.08% | 21.93 | 0.69% |
| Citrix Systems Inc | 2.97% | 99.31 | 0.16% |
| Bottomline Technologies Inc | 2.82% | 56.99 | 0.00% |
| Alleghany Corp | 2.79% | 833.44 | -0.42% |
News
Headline
Wire
Time (ET)
SA Breaking News
12/31 11:47
Business Wire
10/03 12:31
PR Newswire
04/30 10:06
Basic Info
| Investment Strategy | |
| 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. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Event Driven |
| Category Index | Morningstar Mod Con Tgt Risk TR USD |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | IndexIQ |
| Prospectus Benchmark Index | |
| IQ Hedge Merger Arbitrage TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Greg Barrato | 11.18 yrs |
| James Harrison | 4.01 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (5-16-22) | 0% |
| 30-Day SEC Yield (4-30-22) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 21.58 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of May 13, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 11/17/2009 |
| Last Annual Report Date | 4/30/2021 |
| Last Prospectus Date | 8/31/2021 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund |
|
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
SA Breaking News
12/31 11:47
Business Wire
10/03 12:31
PR Newswire
04/30 10:06