NYLI Merger Arbitrage ETF (MNA)
35.00
-0.04
(-0.11%)
USD |
NYSEARCA |
Jun 13, 16:00
Key Stats
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| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.77% | -0.25% | 235.10M | 30559.13 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 386.0% | -50.44M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks investment results that correspond generally to the performance of its Underlying Index, the IQ ARB Global Merger Arbitrage Index. The Underlying Index seeks to invest in companies in developed markets which are involved in announced mergers, acquisitions and other buyout-related transactions. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Alternative Event Driven |
| Peer Group | Alternative Event Driven Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Event Driven Funds |
| Fund Owner Firm Name | New York Life Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 16, 2025.
Asset Allocation
As of May 31, 2025.
| Type | % Net |
|---|---|
| Cash | 6.34% |
| Stock | 83.88% |
| Bond | 10.25% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.47% |
Basic Info
| Investment Strategy | |
| The Fund seeks investment results that correspond generally to the performance of its Underlying Index, the IQ ARB Global Merger Arbitrage Index. The Underlying Index seeks to invest in companies in developed markets which are involved in announced mergers, acquisitions and other buyout-related transactions. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Alternative Event Driven |
| Peer Group | Alternative Event Driven Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Event Driven Funds |
| Fund Owner Firm Name | New York Life Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |