AltShares Merger Arbitrage ETF (ARB)

Assets	$89.67M
Expense Ratio	0.84%
PE Ratio	n/a
Shares Out	3.09M
Dividend (ttm)	$0.31
Dividend Yield	1.07%
Ex-Dividend Date	Dec 18, 2024
Payout Frequency	n/a
Payout Ratio	n/a

Volume	2,471
Open	28.90
Previous Close	28.96
Day's Range	28.90 - 29.04
52-Week Low	27.27
52-Week High	30.26
Beta	0.08
Holdings	95
Inception Date	May 7, 2020

About ARB

Fund Home Page

The AltShares Merger Arbitrage ETF (ARB) is an exchange-traded fund that mostly invests in long/short alternatives. The fund tracks a global USD-hedged index that uses a merger arbitrage strategy by providing long exposure to takeover targets and short exposure the acquiring company. ARB was launched on May 7, 2020 and is issued by Altshares.

• Asset Class: Alternatives
• Category: Event Driven
• Stock Exchange: NYSEARCA
• Ticker Symbol: ARB
• ETF Provider: Altshares
• Index Tracked: Water Island Merger Arbitrage USD Hedged Index

Top 10 Holdings

43.92% of assets

Name	Symbol	Weight
Morgan Stanley Prime Broker Us	n/a	8.28%
Gulf Marine Services PLC	GMS	5.02%
Ssc Government Mm Gvmxx	n/a	4.59%
Morgan Stanley Govt Port 8302 Morgan Stanley Govt Port 8302	n/a	4.59%
Informatica Inc.	INFA	3.74%
Chart Industries, Inc.	GTLS	3.73%
Frontier Communications Parent, Inc.	FYBR	3.71%
Verona Pharma plc	VRNA	3.70%
Norfolk Southern Corporation	NSC	3.57%
TEGNA Inc.	TGNA	3.00%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 18, 2024	$0.30917	Dec 19, 2024
Dec 15, 2022	$1.0757	Dec 19, 2022
Dec 17, 2020	$0.72599	Dec 21, 2020

Performance

ARB had a total return of 5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.