First Trust Merger Arbitrage Fund Class I
VARBX
NASDAQ
| Weiss Ratings | VARBX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Good | |||
| Risk Grade | B- | |||
| Company Info | VARBX-NASDAQ | Click to Compare |
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| Provider | First Trust | |||
| Manager/Tenure (Years) | Daniel Lancz (9) | |||
| Website | http://www.ftportfolios.com/ | |||
| Fund Information | VARBX-NASDAQ | Click to Compare |
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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 Compare |
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| Dividend Yield | 2.47% | |||
| Dividend | VARBX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 1.59% | |||
| Asset Allocation | VARBX-NASDAQ | Click to Compare |
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| Cash | 34.26% | |||
| Stock | 55.94% | |||
| U.S. Stock | 53.94% | |||
| Non-U.S. Stock | 2.00% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 9.80% | |||
| Price History | VARBX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.18% | |||
| 30-Day Total Return | 0.18% | |||
| 60-Day Total Return | 1.29% | |||
| 90-Day Total Return | 2.05% | |||
| Year to Date Total Return | 3.50% | |||
| 1-Year Total Return | 6.02% | |||
| 2-Year Total Return | 12.08% | |||
| 3-Year Total Return | 15.85% | |||
| 5-Year Total Return | 28.00% | |||
| Price | VARBX-NASDAQ | Click to Compare |
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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 | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | VARBX-NASDAQ | Click to Compare |
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| Nav | $10.92 | |||
| 1-Month Low NAV | $10.90 | |||
| 1-Month High NAV | $10.97 | |||
| 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 Compare |
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| Beta | 0.01 | |||
| Standard Deviation | 0.92 | |||
| Balance Sheet | VARBX-NASDAQ | Click to Compare |
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| Total Assets | 1.47B | |||
| Operating Ratios | VARBX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.84% | |||
| Turnover Ratio | 403.00% | |||
| Performance | VARBX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 2.94% | |||
| Last Bear Market Total Return | -1.03% | |||