First Trust Merger Arbitrage Fund Class C
VARCX
NASDAQ
| Weiss Ratings | VARCX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | VARCX-NASDAQ | Click to Compare |
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| Provider | First Trust | |||
| Manager/Tenure (Years) | Daniel Lancz (9) | |||
| Website | http://www.ftportfolios.com/ | |||
| Fund Information | VARCX-NASDAQ | Click to Compare |
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| Fund Name | First Trust Merger Arbitrage Fund Class C | |||
| Category | Event Driven | |||
| Sub-Category | Market Neutral | |||
| Prospectus Objective | Growth | |||
| Inception Date | Jan 31, 2024 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000.00 | |||
| Minimum Subsequent Investment | 50.00 | |||
| Front End Fee | -- | |||
| Back End Fee | 0.01 | |||
| Dividends and Shares | VARCX-NASDAQ | Click to Compare |
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| Dividend Yield | 2.16% | |||
| Dividend | VARCX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 1.21% | |||
| Asset Allocation | VARCX-NASDAQ | Click to Compare |
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| Cash | 31.80% | |||
| Stock | 65.66% | |||
| U.S. Stock | 57.98% | |||
| Non-U.S. Stock | 7.68% | |||
| Bond | 0.00% | |||
| U.S. Bond | 0.00% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 2.54% | |||
| Price History | VARCX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.09% | |||
| 30-Day Total Return | 0.09% | |||
| 60-Day Total Return | 0.18% | |||
| 90-Day Total Return | 0.27% | |||
| Year to Date Total Return | 3.14% | |||
| 1-Year Total Return | 4.26% | |||
| 2-Year Total Return | 9.37% | |||
| 3-Year Total Return | 11.80% | |||
| 5-Year Total Return | 21.78% | |||
| Price | VARCX-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 | VARCX-NASDAQ | Click to Compare |
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| Nav | -- | |||
| 1-Month Low NAV | $10.80 | |||
| 1-Month High NAV | $10.81 | |||
| 52-Week Low NAV | $10.45 | |||
| 52-Week Low NAV (Date) | Dec 05, 2024 | |||
| 52-Week High NAV | $11.07 | |||
| 52-Week High Price (Date) | Dec 04, 2024 | |||
| Beta / Standard Deviation | VARCX-NASDAQ | Click to Compare |
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| Beta | 0.01 | |||
| Standard Deviation | 0.94 | |||
| Balance Sheet | VARCX-NASDAQ | Click to Compare |
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| Total Assets | 1.51B | |||
| Operating Ratios | VARCX-NASDAQ | Click to Compare |
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| Expense Ratio | 2.81% | |||
| Turnover Ratio | 403.00% | |||
| Performance | VARCX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 2.31% | |||
| Last Bear Market Total Return | -1.28% | |||