The Merger Fund benefits from an established investment process led by two industry veterans. The strategy continues to earn a Morningstar Analyst Rating of Bronze for both its share classes.
The Merger Fund A MERFX
- NAV / 1-Day Return 17.23 / +0.06 %
- Total Assets 2.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.540%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Event Driven
- Alt Style Correlation / Relative Volatility Low/Low
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.59%
- Turnover 218%
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 12:00 AM GMT+0
Morningstar’s Analysis MERFX
Will MERFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 38.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Pioneer Natural Resources Co | 7.88 | 212.9 Mil | Energy |
Goldman Sachs FS Government Instl | 7.14 | 192.8 Mil | Cash and Equivalents |
Goldman Sachs FS Treasury Intms Instl | 7.14 | 192.8 Mil | Cash and Equivalents |
Hess Corp | 5.50 | 148.5 Mil | Energy |
Splunk Inc | 5.34 | 144.1 Mil | Technology |
WestRock Co | 3.55 | 95.9 Mil | Consumer Cyclical |
Spirit Realty Capital Inc | 3.23 | 87.2 Mil | Real Estate |
Capri Holdings Ltd | 3.19 | 86.1 Mil | Consumer Cyclical |
Virtus Westchester Event-Driven Fd I | 2.94 | 79.3 Mil | — |
Amedisys Inc | 2.77 | 74.7 Mil | Healthcare |