IQ Merger Arbitrage ETF (MNA)

NYSEARCA: MNA · IEX Real-Time Price · USD
30.91
-0.34 (-1.09%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-1.09%
Assets $283.91M
Expense Ratio 0.77%
PE Ratio 17.43
Shares Out 9.20M
Dividend (ttm) $0.38
Dividend Yield 1.22%
Ex-Dividend Date Dec 28, 2023
Payout Ratio 21.29%
1-Year Return -2.49%
Volume 43,666
Open 31.16
Previous Close 31.25
Day's Range 30.90 - 31.25
52-Week Low 30.77
52-Week High 32.02
Beta 0.14
Holdings 86
Inception Date Nov 17, 2009

About MNA

Fund Home Page

The IQ Merger Arbitrage ETF (MNA) is an exchange-traded fund that is based on the IQ Merger Arbitrage index. The fund tracks an index that uses a merger arbitrage strategy with long exposure to takeover targets and short exposure to broad global equity indexes. MNA was launched on Nov 17, 2009 and is issued by IndexIQ.

Asset Class Alternatives
Category Event Driven
Region Global
Stock Exchange NYSEARCA
Ticker Symbol MNA
ETF Provider IndexIQ
Index Tracked IQ Merger Arbitrage Index

Top 10 Holdings

74.10% of assets
Name Symbol Weight
Energy Select Sector SPDR Fund XLE 14.86%
Pioneer Natural Resources Company PXD 7.43%
Hess Corporation HES 7.29%
United States Steel Corporation X 6.97%
iShares US Financial Services ETF IYG 6.67%
ANSYS, Inc. ANSS 6.60%
SPDR S&P Oil & Gas Exploration & Production ETF XOP 6.51%
Discover Financial Services DFS 6.29%
Equitrans Midstream Corporation ETRN 5.87%
Catalent, Inc. CTLT 5.60%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 28, 2023 $0.37752 Jan 5, 2024
Dec 30, 2020 $0.76599 Jan 7, 2021
Dec 28, 2016 $0.06134 Jan 4, 2017
Dec 29, 2015 $0.24512 Jan 5, 2016
Dec 27, 2013 $0.26368 Jan 3, 2014
Dec 27, 2012 $0.04883 Jan 4, 2013
Full Dividend History

News

How Corporate Action ETFs Work

Corporate actions like IPOs, M&A and spinoffs are picking up pace. These ETFs may benefit.

Other symbols: CSDFPXIPO
3 years ago - ETFcom

IQ Merger Arbitrage Is All About the Deals

This merger-focused ETF can zig when the market zags.

4 years ago - Kiplinger

Surging Global Deal Volume Sends 'MNA' to Record High

The ETF industry has something for everyone -- the IQ Merger Arbitrage ETF (ticker: MNA) seeks to identify investment opportunities in the global M&A market.

4 years ago - Bloomberg Markets and Finance

ETF Edge, May 29, 2019

Leslie Picker digs into the latest trends in the ETF market with State Street's Matthew Bartolini, CFRA's Todd Rosenbluth and IndexIQ's Sal Bruno.

Other symbols: QUALSPYVDCNOBL
5 years ago - CNBC Television

How to profit from the merger madness

With deal activity alive and well in 2019, investors might want to know that there's an ETF that tries to capitalize on ongoing mergers and acquisitions.

5 years ago - CNBC Television

Merger Arbitrage ETF Tops $1 Billion in Assets

The IQ Merger Arbitrage ETF (NYSE: MNA) — one of the first exchange traded funds to make the merger arbitrage strategy long used by professional traders accessible to a broader swath of investors — re...

5 years ago - Benzinga