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:
--
--
Category Low
--
Category High
1 Year
% Rank:
100
-114.68M
-114.68M
Category Low
1.425B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
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