Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.
Frequently asked questions
What is the First Trust Vivaldi Merger Arbitrage ETF (MARB) expense ratio?
The First Trust Vivaldi Merger Arbitrage ETF funds expense ratio is 1.8%.
What is First Trust Vivaldi Merger Arbitrage ETF (MARB) current stock price?
As of the latest data, First Trust Vivaldi Merger Arbitrage ETF stock price is $21.01, with a previous close of $20.81. First Trust Vivaldi Merger Arbitrage ETF gained $0.20 in the last trading session, representing a 0.94% increase.
Does First Trust Vivaldi Merger Arbitrage ETF (MARB) pay dividends?
No. First Trust Vivaldi Merger Arbitrage ETF does not pay a dividend.
