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| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | ▲ +0.1% | ▲ +0.5% | ▲ +1.3% | ▲ +3.4% | ▲ +3.3% | ▲ +18.9% | ▲ +13.3% | ▲ +57.3% |
| Peer average | — | — | — | — | — | — | — | — |
| S&P 500 · VOO | ▼ −0.4% | ▲ +0.9% | ▲ +3.3% | ▲ +13.8% | ▲ +13.3% | ▲ +88.8% | ▲ +81.9% | — |
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.
Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.
| Ex-date | Pay date | Per share |
|---|---|---|
| 2023-12-28 | 2024-01-05 | $0.38 |
| 2020-12-30 | 2021-01-07 | $0.77 |
| 2016-12-28 | 2017-01-04 | $0.06 |
| 2015-12-29 | 2016-01-05 | $0.25 |
| 2013-12-27 | 2014-01-03 | $0.26 |
| 2012-12-27 | 2013-01-04 | $0.05 |
| 2010-12-23 | 2010-12-30 | $0.33 |
| 2009-12-23 | 2009-12-30 | $0.00 |
Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.
Historical risk measures describe past behavior and do not predict future returns.
Hear the strategy from the people behind MNA.