AUM $251.4MER 0.75%NAV $36.68Holdings 68Inception Nov 2009
Price Chart
Key Statistics
Previous Close
$36.73Day Range
$36.69$36.81
52-Week Range
$35.57$36.92
Avg Volume
38.0KDividend Yield
1.04%Expense Ratio
0.75%AUM
$251.4MShares Outstanding
6.9METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Industrials | 18.79% |
| Financial Services | 15.22% |
| Healthcare | 12.03% |
| Basic Materials | 11.40% |
| Utilities | 9.38% |
| Communication Services | 8.99% |
| Consumer Cyclical | 6.06% |
| Technology | 5.62% |
| Real Estate | 4.35% |
| Consumer Defensive | 4.33% |
| Energy | 3.83% |
| Cash & Others | 0.00% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 65.75% |
| United Kingdom | 12.35% |
| Canada | 7.70% |
| Other | 2.53% |
| Luxembourg | 2.52% |
| Italy | 2.44% |
| Israel | 2.41% |
| Japan | 1.25% |
| Norway | 1.17% |
| France | 0.71% |
| Ireland | 0.69% |
| Germany | 0.49% |
Fund Information
- Issuer
- NY Life Investments
- Category
- Industrials
- Types
- Inverse
- Inception Date
- Nov 17, 2009
- Exchange
- NYSE_ARCA
- Description
- The NYLI Merger Arbitrage ETF (MNA) seeks investment results that track, before fees and expenses, the price and yield performance of the NYLI 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. In addition, for transactions that involve an exchange of stock, the Index includes short exposure to the stock expected to be received by shareholders of the target company.
Similar ETFs
The NYLI Merger Arbitrage ETF (MNA) is an exchange-traded fund issued by NY Life Investments that launched on Nov 17, 2009. It currently manages $251.4M in assets under management. The fund charges an expense ratio of 0.75%. The fund holds 68 securities in its portfolio. It falls under the Industrials category.
Top 10 holdings represent 31.5% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TECK-B.TO | Teck Resources Limited Class B | 5.57% | 220,031 | $14.5M |
| 2 | WBD | Warner Bros. Discovery, Inc. Series A | 3.34% | 308,829 | $8.7M |
| 3 | D | Dominion Energy Inc | 3.32% | 132,769 | $8.6M |
| 4 | CZR | Caesars Entertainment, Inc. | 3.09% | 271,307 | $8.0M |
| 5 | EQH | Equitable Holdings, Inc. | 3.01% | 149,254 | $7.9M |
| 6 | KVUE | Kenvue, Inc. | 2.80% | 409,814 | $7.3M |
| 7 | OGN | Organon & Co. | 2.71% | 517,126 | $7.0M |
| 8 | SDR.L | Schroders PLC | 2.60% | 855,954 | $6.8M |
| 9 | GSAT | Globalstar, Inc. | 2.53% | 80,417 | $6.6M |
| 10 | INPST.AS | InPost S.A. | 2.52% | 363,269 | $6.6M |
| 11 | ROKU | Roku, Inc. Class A | 2.50% | 42,268 | $6.5M |
| 12 | REC.MI | Recordati S.p.A. | 2.44% | 104,976 | $6.3M |
| 13 | ZIM | ZIM Integrated Shipping Services Ltd. | 2.41% | 213,094 | $6.3M |
| 14 | TECH | Bio-Techne Corporation | 2.29% | 82,703 | $6.0M |
| 15 | LNTH | Lantheus Holdings Inc | 2.28% | 59,101 | $5.9M |
Page 1 of 2
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.21% | |
| 1W | +0.25% | |
| 1M | +0.09% | |
| 3M | +1.02% | |
| 6M | +2.22% | |
| YTD | +2.62% | |
| 1Y | +3.20% | |
| 3Y | +17.08% | |
| 5Y | +11.51% |
Moving Averages
20-Day MA
$36.76
Above 20-Day MA50-Day MA
$36.64
Above 50-Day MA200-Day MA
$36.31
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$36.92
Current Price
$36.81
52-Week Low
$35.57
$35.57$36.92
Current Yield
1.04%
Annual Dividend
$1.9708
Frequency
1x/year
Last Ex-Date
Dec 28, 2023
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 28, 2023 | $0.3775 | Jan 5, 2024 |
| Dec 30, 2020 | $0.7660 | Jan 7, 2021 |
| Dec 30, 2020 | $0.7660 | Jan 7, 2021 |
| Dec 28, 2016 | $0.0613 | Jan 4, 2017 |
| Dec 28, 2016 | $0.0610 | Jan 4, 2017 |
| Dec 29, 2015 | $0.2451 | Jan 5, 2016 |
| Dec 29, 2015 | $0.2450 | Jan 5, 2016 |
| Dec 27, 2013 | $0.2640 | Jan 3, 2014 |
| Dec 27, 2013 | $0.2637 | Jan 3, 2014 |
| Dec 27, 2012 | $0.0490 | Jan 4, 2013 |
| Dec 27, 2012 | $0.0488 | Jan 4, 2013 |
| Dec 23, 2010 | $0.3280 | Dec 30, 2010 |
| Dec 23, 2010 | $0.3171 | Dec 30, 2010 |
| Dec 23, 2010 | $0.0114 | Dec 30, 2010 |
| Dec 23, 2009 | $0.0020 | Dec 30, 2009 |
| Dec 23, 2009 | $0.0016 | Dec 30, 2009 |
Dividend Payments Over Time
Category Comparison
| Metric | MNA | Industrials(359 ETFs) | Inverse(709 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.75% | 0.70% | 1.09% |
| AUM | $251.4M | $4.89B | $991.3M |
| Dividend Yield | 1.04% | 2.32% | 5.69% |
| Avg Volume | 38.0K | 190.4K | 1.6M |
| Holdings | 68 | 284 | 108 |
| Performance | |||
| 1-Month Return | -0.31% | -5.03% | +5.08% |
| 6-Month Return | +0.92% | -0.66% | +28.61% |
| YTD Return | +2.64% | +9.18% | +14.58% |
| 1-Year Return | +2.03% | +8.86% | +11.53% |
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