AUM$263.8M
Expense Ratio0.75%
NAV$36.24
Holdings64
InceptionNov 17, 2009
Price Chart
Key Statistics
Previous Close
$36.03Day Range
$35.96$36.14
52-Week Range
$33.65$36.52
Avg Volume
33.9KDividend Yield
1.04%Expense Ratio
0.75%AUM
$263.8MShares Outstanding
6.9MSector Breakdown
| Sector | Weight % |
|---|---|
| Industrials | 19.39% |
| Basic Materials | 13.12% |
| Technology | 12.16% |
| Financial Services | 11.31% |
| Healthcare | 10.14% |
| Communication Services | 9.55% |
| Utilities | 9.22% |
| Consumer Defensive | 7.55% |
| Consumer Cyclical | 4.87% |
| Real Estate | 2.69% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 58.35% |
| Other | 29.85% |
| Canada | 8.02% |
| Australia | 3.03% |
| Japan | 0.75% |
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 $263.8M in assets under management. The fund charges an expense ratio of 0.75%. The fund holds 64 securities in its portfolio. It falls under the Industrials category.
Top 10 holdings represent 62.2% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Teck Resources Limited Class B | 9.06% | 213,872 | $12.7M |
| 2 | SHV | iShares Trust iShares 0-1 Year Treasury Bond ETF | 7.87% | 100,000 | $11.0M |
| 3 | NSC | Norfolk Southern Corporation | 7.34% | 32,572 | $10.3M |
| 4 | EA | Electronic Arts Inc. | 6.79% | 47,528 | $9.5M |
| 5 | — | JDE Peet's NV | 6.54% | 245,157 | $9.2M |
| 6 | — | DREY INST PREF GOV MM INS | 6.01% | 8,426,200 | $8.4M |
| 7 | AL | Air Lease Corporation Class A | 5.66% | 122,373 | $7.9M |
| 8 | EXAS | Exact Sciences Corporation | 4.40% | 59,692 | $6.2M |
| 9 | NGD | New Gold Inc. | 4.32% | 495,417 | $6.1M |
| 10 | AXTA | Axalta Coating Systems Ltd. | 4.22% | 171,511 | $5.9M |
| 11 | SEE | Sealed Air Corporation | 3.96% | 132,243 | $5.5M |
| 12 | — | Allfunds Group plc | 3.75% | 546,185 | $5.3M |
| 13 | RNA | Avidity Biosciences Inc | 3.72% | 71,657 | $5.2M |
| 14 | — | Iveco Group NV | 3.72% | 231,549 | $5.2M |
| 15 | AAUC.TO | Allied Gold Corporation | 3.25% | 145,427 | $4.6M |
Page 1 of 2
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | -0.10% | — | ||
| 1W | -0.32% | — | ||
| 1M | -0.59% | — | ||
| 3M | +0.31% | — | ||
| 6M | +1.02% | — | ||
| YTD | +0.46% | — | ||
| 1Y | +5.92% | — | ||
| 3Y | +16.35% | — | ||
| 5Y | +9.20% | — |
Moving Averages
20-Day MA
$36.32
Below 20-Day MA50-Day MA
$36.12
Below 50-Day MA200-Day MA
$35.67
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$36.52
Current Price
$36.00
52-Week Low
$33.65
$33.65$36.52
Current Yield
1.04%
Annual Dividend
$1.4500
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 28, 2016 | $0.0613 | Jan 4, 2017 |
| Dec 29, 2015 | $0.2451 | Jan 5, 2016 |
| Dec 27, 2013 | $0.2637 | Jan 3, 2014 |
| Dec 27, 2012 | $0.0488 | Jan 4, 2013 |
| Dec 23, 2010 | $0.3171 | Dec 30, 2010 |
| Dec 23, 2010 | $0.0114 | Dec 30, 2010 |
| Dec 23, 2009 | $0.0016 | Dec 30, 2009 |
Dividend Payments Over Time
Category Comparison
| Metric | MNA | Industrials(383 ETFs) | Inverse(709 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.75% | 0.64% | 1.10% |
| AUM | $263.8M | $4.63B | $865.2M |
| Dividend Yield | 1.04% | 1.87% | 5.26% |
| Avg Volume | 33.9K | 499.3K | 2.9M |
| Holdings | 64 | 286 | 102 |
| Performance | |||
| 1-Month Return | — | -5.72% | -1.41% |
| 6-Month Return | — | +5.97% | +0.94% |
| YTD Return | — | +3.07% | +0.10% |
| 1-Year Return | — | +24.11% | +1.39% |
Compare with Another ETF
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