MNA

IQ Merger Arbitrage ETF

Down$32.82
$-0.04
(-0.12%)
As of 1:23:19 PM EDT | 11/13/19  |  Market Open

MNA Trading Data

Open

$32.78

Low Price

$32.72

High Price

$32.84

Previous Last Price

$32.86

Bid Size

$32.82 X 600

Ask Size

$32.84 X 800

MNA Portfolio Data

AUM

$896,805,000

Shares

27,300

PE Ratio

14.33

Price / Book Ratio

2.44

Expense Ratio

0.77

Net Asset Value

$32.85

Volume

Volume

106,007

Avg. Volume (YDT)

178,995

Dollar Volume

$3,387,352

Weekly Avg. Volume

76,926

Monthly Avg. Volume

84,156

Quarterly Avg. Volume

111,093

MNA Fund Description

The IQ Merger Arbitrage ETF seeks to track, before fees and expenses, the performance of the IQ Merger Arbitrage Index. The Index seeks to achieve capital appreciation by investing in global companies for which there has been a public announcement of a takeover by an acquirer. This differentiated approach is based on a passive strategy of owning certain announced takeover targets with the goal of generating returns that are representative of global merger arbitrage activity. The Index also includes short exposure to global equities as a partial equity market hedge. Merger arbitrage is a directional hedge fund strategy. The IQ Merger Arbitrage ETF is not a hedge fund and does not invest in hedge funds.

MNA Chart

MNA Summary

Fund Family

IndexIQ

Tracks This Index

IQ Merger Arbitrage ETF

Inception Date

2009-11-17

Asset Class

Portfolio-Multi Asset

Asset Class Size

Alternative Investments

MNA Classification

Region (General)

Global

Region (Specific)

Sector

Equity Index

Leveraged Family

MNA Technicals

Alpha

1.84

Beta

0.07

Leverage

Long

Standard Deviation

0.28

MNA Dividends

Dividend Date

2016-12-28

Latest Dividend

0.061

Annual Dividend

0

Annual Dividend Rate

0

Annual Dividend Yield

1.0E-5

MNA Performance

YTD Return

3.5%

1 Year Return

3.02%

3 Year Return

12.96%

5 Year Return

17.82%

10 Year Return

30.76%

MNA Related Articles

© 2019 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.