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. Furthermore, in transactions involving an exchange of stock, the Index includes a short position in the acquirer's shares anticipated to be received by the target company's stockholders.

Dominion Energy Inc

Caesars Entertainment Corporation

Equitable Holdings, Inc.

Bio-Techne Corp

Globalstar, Inc. Common Stock

Organon & Co

Synaptics Incorporated

Lantheus Holdings Inc

Silicon Laboratories Inc

NCR Atleos Corporation

Financial Services

Industrials

Healthcare

Technology

Consumer Cyclical

Communication Services

Consumer Defensive

Real Estate

Utilities

Basic Materials

IQ Merger Arbitrage ETF

MNA Holdings & Sector Breakdown