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MNA Stock Price, Chart, Stats & News
NYLI Merger Arbitrage ETF
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NYLI Merger Arbitrage ETF (MNA) does not currently pay a dividend.
Event Driven
Category
0.75%
Expense ratio
250.32M
Assets
4.23%
1Y return
MNA chart
1M
3M
1Y
5Y
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MNA returns
| YTD | 1.87% |
| 1Y | 4.23% |
| 3Y | 5.90% |
| 5Y | 1.86% |
| 10Y | 2.73% |
| 1Y volatility | 1.58% |
| 3Y volatility | 2.82% |
| Sharpe ratio | 0.29 |
About
The NYLI Merger Arbitrage ETF (MNA) is designed to replicate the price and yield performance of its benchmark, the NYLI Merger Arbitrage Index, prior to accounting for fund expenses. The Index itself aims for capital appreciation by strategically investing in companies worldwide that have publicly announced an acquisition offer. This distinct, passive methodology involves owning shares in these identified takeover targets, with the objective of generating returns characteristic of global merger arbitrage operations.
Top 10 MNA holdings
| Holding | Ownership |
|---|---|
Industrials 3.98% | |
Communication Services 3.81% | |
Utilities 3.67% | |
Utilities 3.50% | |
Industrials 3.45% | |
Communication Services 3.13% | |
Consumer Cyclical 3.11% | |
Utilities 2.99% | |
Consumer Defensive 2.98% | |
Consumer Cyclical 2.66% |
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