C
First Trust Merger Arbitrage Fund Class I VARBX
NASDAQ
Recommendation
NAV
Total Assets
Dividend Yield
Turnover Ratio
Expense Ratio
Weiss Ratings VARBX-NASDAQ Click to
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Rating C
Reward Index Fair
Reward Grade C
Risk Index Good
Risk Grade B-
Company Info VARBX-NASDAQ Click to
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Provider First Trust
Manager/Tenure (Years) Daniel Lancz (9)
Website http://www.ftportfolios.com/
Fund Information VARBX-NASDAQ Click to
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Fund Name First Trust Merger Arbitrage Fund Class I
Category Event Driven
Sub-Category Market Neutral
Prospectus Objective Growth
Inception Date Oct 01, 2015
Open/Closed To New Investors Open
Minimum Initial Investment 100,000.00
Minimum Subsequent Investment 0.00
Front End Fee --
Back End Fee --
Dividends and Shares VARBX-NASDAQ Click to
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Dividend Yield 2.46%
Dividend VARBX-NASDAQ Click to
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Dividend Yield (Forward) 0.84%
Asset Allocation VARBX-NASDAQ Click to
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Cash 31.19%
Stock 64.91%
U.S. Stock 64.91%
Non-U.S. Stock 0.00%
Bond 0.00%
U.S. Bond 0.00%
Non-U.S. Bond 0.00%
Preferred 0.00%
Convertible 0.00%
Other Net 3.90%
Price History VARBX-NASDAQ Click to
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7-Day Total Return 0.18%
30-Day Total Return 0.45%
60-Day Total Return 0.54%
90-Day Total Return 0.91%
Year to Date Total Return 4.35%
1-Year Total Return 5.54%
2-Year Total Return 11.55%
3-Year Total Return 15.93%
5-Year Total Return 28.19%
Price VARBX-NASDAQ Click to
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Closing Price --
1-Month Low Price --
1-Month High Price --
52-Week Low Price --
52-Week Low Price (Date) --
52-Week High Price --
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NAV VARBX-NASDAQ Click to
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Nav $11.01
1-Month Low NAV $10.96
1-Month High NAV $11.01
52-Week Low NAV $10.52
52-Week Low NAV (Date) Dec 05, 2024
52-Week High NAV $11.17
52-Week High Price (Date) Dec 04, 2024
Beta / Standard Deviation VARBX-NASDAQ Click to
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Beta 0.01
Standard Deviation 0.95
Balance Sheet VARBX-NASDAQ Click to
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Total Assets 1.51B
Operating Ratios VARBX-NASDAQ Click to
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Expense Ratio 1.84%
Turnover Ratio 403.00%
Performance VARBX-NASDAQ Click to
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Last Bull Market Total Return 2.94%
Last Bear Market Total Return -1.03%