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MNNYLI Merger Arbitrage ETF logo

NYLI Merger Arbitrage ETF (MNA)

New York Stock Exchange Arca · Currency in USD
$36.91 ▲ +0.01 (+0.03%)
At close: Oct 26, 3:59 PM ET. Market closed.

Summary

Previous Close
$36.90
Open
$36.83
Day's Range
$36.83 – $36.96
52 Week Range
$35.57 – $37.19
Volume
24,382
Avg. Volume
37,652
Market Cap
$264.55M
Beta (5Y Monthly)
0.01
PE Ratio (TTM)
--
EPS (TTM)
--
Earnings Date
--
Forward Dividend & Yield
--
Ex-Dividend Date
Dec 28, 2023
1y Target Est
--

Profile: NYLI Merger Arbitrage ETF

Sector
Financial Services
Industry
Asset Management
Full-time employees
--
CEO
--
Website
nylim.com

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.

Earnings

No earnings history available.

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Data: Financial Modeling Prep. For information only, not investment advice.