The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index is designed to measure the performance of a risk arbitrage strategy that exploits commonly observed price changes associated with publicly announced mergers, acquisitions, or other corporate reorganizations. The fund is non-diversified.
Frequently asked questions
What is the ProShares Merger ETF (MRGR) expense ratio?
The ProShares Merger ETF funds expense ratio is 0.75%.
What is ProShares Merger ETF (MRGR) current stock price?
As of the latest data, ProShares Merger ETF stock price is $45.51, with a previous close of $45.46. ProShares Merger ETF gained $0.05 in the last trading session, representing a 0.11% increase.
Does ProShares Merger ETF (MRGR) pay dividends?
Yes. ProShares Merger ETF pays quarterly dividends with an annualized yield of 3.06% and an estimated annual payout of $1.39 per share.
