To pursue the fund's investment objective, the adviser employs a long/short event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the adviser) believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.
Frequently asked questions
What is the AltShares Event-Driven ETF (EVNT) expense ratio?
The AltShares Event-Driven ETF funds expense ratio is 1.29%.
What is AltShares Event-Driven ETF (EVNT) current stock price?
As of the latest data, AltShares Event-Driven ETF stock price is $12.27, with a previous close of $12.25. AltShares Event-Driven ETF gained $0.02 in the last trading session, representing a 0.2% increase.
Does AltShares Event-Driven ETF (EVNT) pay dividends?
Yes. AltShares Event-Driven ETF pays annual dividends with an annualized yield of 4.49% and an estimated annual payout of $0.55 per share.
