EVNT Stock Price, Chart, Stats & News

AltShares Event-Driven ETF
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Event Driven
Category
4.59%
Dividend yield
$0.5514
1.33%
Expense ratio
12.35M
Assets
11.28%
1Y return
EVNT chart
1M
3M
1Y
5Y
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EVNT returns
| YTD | 4.29% |
| 1Y | 11.28% |
| 3Y | 10.39% |
| 5Y | 3.88% |
| 10Y | 7.16% |
| 1Y volatility | 2.99% |
| 3Y volatility | 5.88% |
| Sharpe ratio | 1.00 |
About
Water Island Capital, LLC, the fund's adviser, pursues the investment objective by implementing a 'long/short' event-driven strategy. This approach seeks to capitalize on price movements in the equity and debt securities of companies that the adviser believes will be affected by public or anticipated corporate events. A higher proportion of the fund's assets will be held in long positions.
Top 10 EVNT holdings
| Holding | Ownership |
|---|---|
Technology 11.37% | |
Industrials 7.67% | |
Financial Services 4.96% | |
Health care 4.83% | |
Technology 3.91% | |
Technology 3.31% | |
Financial Services 3.02% | |
Health care 2.55% | |
Technology 2.54% | |
Technology 2.50% |
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