AltShares Merger Arbitrage ETF (ARB)

Assets	$86.41M
Expense Ratio	0.84%
PE Ratio	n/a
Shares Out	3.10M
Dividend (ttm)	$0.31
Dividend Yield	1.07%
Ex-Dividend Date	Dec 18, 2024
Payout Frequency	n/a
Payout Ratio	n/a

Volume	11,149
Open	28.81
Previous Close	28.85
Day's Range	28.81 - 28.88
52-Week Low	27.22
52-Week High	28.93
Beta	0.07
Holdings	63
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

48.43% of assets

Name	Symbol	Weight
Skechers U.S.A., Inc.	SKX	5.32%
Springworks Therapeutics, Inc.	SWTX	5.21%
Frontier Communications Parent, Inc.	FYBR	5.18%
Just Eat Takeaway.com N.V.	TKWY	5.16%
Kellanova	K	5.12%
Walgreens Boots Alliance, Inc.	WBA	4.93%
Dun & Bradstreet Holdings, Inc.	DNB	4.46%
TXNM Energy, Inc.	TXNM	4.45%
Triumph Group, Inc.	TGI	4.36%
CI Financial Corp.	CIX	4.25%

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 5.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.23%.