AUM $251.4MER 0.75%NAV $36.72Holdings 68Inception Nov 2009
Price Chart
Key Statistics
Previous Close
$36.86Day Range
$36.79$36.88
52-Week Range
$35.56$36.88
Avg Volume
26.0KDividend 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 | 19.41% |
| Financial Services | 14.48% |
| Communication Services | 12.12% |
| Utilities | 11.72% |
| Healthcare | 8.07% |
| Basic Materials | 7.78% |
| Technology | 7.69% |
| Consumer Cyclical | 5.82% |
| Energy | 5.02% |
| Real Estate | 4.35% |
| Consumer Defensive | 3.54% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 62.29% |
| Canada | 12.26% |
| United Kingdom | 10.44% |
| Other | 6.46% |
| Luxembourg | 2.15% |
| Israel | 1.86% |
| Italy | 1.71% |
| Japan | 1.01% |
| Norway | 0.96% |
| France | 0.58% |
| Germany | 0.30% |
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 38.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | DREY INST PREF GOV MM INS | 6.90% | 17,729,907 | $17.7M |
| 2 | TECK-B.TO | Teck Resources Limited Class B | 5.59% | 217,144 | $14.4M |
| 3 | NWE | NorthWestern Energy Group, Inc. | 3.59% | 130,152 | $9.2M |
| 4 | D | Dominion Energy Inc | 3.44% | 131,027 | $8.8M |
| 5 | WBD | Warner Bros. Discovery, Inc. Series A | 3.35% | 304,779 | $8.6M |
| 6 | ARX.TO | ARC Resources Ltd. | 3.18% | 332,204 | $8.2M |
| 7 | CZR | Caesars Entertainment, Inc. | 3.09% | 267,747 | $7.9M |
| 8 | AES | AES Corporation | 3.05% | 530,214 | $7.8M |
| 9 | KVUE | Kenvue, Inc. | 2.98% | 404,437 | $7.7M |
| 10 | EQH | Equitable Holdings, Inc. | 2.79% | 147,296 | $7.2M |
| 11 | OGN | Organon & Co. | 2.73% | 510,342 | $7.0M |
| 12 | GSAT | Globalstar, Inc. | 2.50% | 78,429 | $6.4M |
| 13 | ESI | Element Solutions Inc | 2.44% | 176,682 | $6.3M |
| 14 | SDR.L | Schroders PLC | 2.30% | 742,735 | $5.9M |
| 15 | PEN | Penumbra, Inc. | 2.29% | 18,179 | $5.9M |
Page 1 of 2
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.00% | |
| 1W | +0.11% | |
| 1M | +1.01% | |
| 3M | +0.63% | |
| 6M | +1.57% | |
| YTD | +2.76% | |
| 1Y | +3.21% | |
| 3Y | +15.84% | |
| 5Y | +12.21% |
Moving Averages
20-Day MA
$36.69
Above 20-Day MA50-Day MA
$36.57
Above 50-Day MA200-Day MA
$36.26
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$36.88
Current Price
$36.86
52-Week Low
$35.56
$35.56$36.88
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(348 ETFs) | Inverse(709 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.75% | 0.69% | 1.10% |
| AUM | $251.4M | $3.07B | $978.3M |
| Dividend Yield | 1.04% | 2.16% | 5.69% |
| Avg Volume | 26.0K | 161.4K | 1.6M |
| Holdings | 68 | 242 | 106 |
| Performance | |||
| 1-Month Return | +0.92% | +2.37% | +2.84% |
| 6-Month Return | +1.43% | +3.88% | +37.67% |
| YTD Return | +2.99% | +12.22% | +14.44% |
| 1-Year Return | +2.99% | +11.92% | +9.55% |
Compare with Another ETF
Search for an ETF to compare with MNA:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.