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VARAX Mutual Fund Price & Analysis

The First Trust Merger Arbitrage Fund - Class A (VARAX) is a mutual fund that focuses on investing in companies that are involved in mergers and acquisitions. This fund aims to generate returns by taking advantage of price discrepancies between the stock prices of companies involved in a merger or acquisition. It primarily invests in equity securities of companies that are the targets of a merger or acquisition, as well as in securities of companies that are expected to benefit from the transaction. The fund is managed by First Trust Advisors and is suitable for investors seeking a potentially higher return through a specialized investment strategy.

VARAX Mutual Fund Chart & Stats

Previous Close$10.7
Sub-CategoryArbitrage
Total Liabilities109.95M
Expense Ratio2.10%
Holding Count114
Brandinvestment managers series trust ii
Dividend YieldN/A
CategoryAlternative
Total Assets1.73B
Shares OutstandingN/A
52-Week Range$10.40 - $11.45

Top 10 Holdings

Name
Weight %
MSILF Government Portfolio
28.93%
AEL
American Equity Investment Lif
4.81%
TCN
Tricon Residential Inc
4.79%
MDC
MDC Holdings Inc
4.31%
PXD
Pioneer Natural Resources Co
4.22%
Screaming Eagle Acquisition Co
4.22%
DOOR
Masonite International Corp
3.61%
Churchill Capital Corp. Vii Class A
1.94%
Rigel Resource Acquisition Corp. Class A
1.67%
Ares Acquisition Corporation II Class A
1.22%
Total59.73%

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