MNANYLI Merger Arbitrage ETF
Seeks investment results that correspond to the price and yield performance of the NYLI Merger Arbitrage Index.
By New York Life Investment Management LLC · Launched 2009
Annual Cost
0.77%
#4,072 of 5,861 · expensive
Fund Size
$251M
#2,167 of 5,861 · mid-size
Return (1Y)Goal
+3.6%
Track Record
16 years
#701 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,493+4.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 44.9% of fundmoderately concentrated
Dreyfus Institutional Preferred Government Money Market FundDSVXX
12.3%
TECK RESOURCES LTD
5.0%
NORFOLK SOUTHERN CORP
4.1%
ELECTRONIC ARTS INC
3.8%
NORTHWESTERN ENERGY GROUP INC
3.7%
CHART INDUSTRIES INC
3.5%
TXNM ENERGY INC
3.5%
WARNER BROS. DISCOVERY INC
3.2%
AES CORP (THE)
3.0%
KENVUE INC
2.7%
Asset allocation
Stocks
73.2%
Cash
20.9%
Preferred
5.7%
Other
0.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.7%Low
Year-on-year price swings
Max drawdown
-16.7%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.45Below average
Sortino (3Y)
0.64Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment results that correspond to the price and yield performance of the NYLI Merger Arbitrage Index.
- Strategy
- Employs a passive management approach designed to track the NYLI Merger Arbitrage Index, which identifies opportunities in companies involved in announced mergers and acquisitions. Invests primarily in U.S. and non-U.S. equity securities, with at least 80% of net assets in Underlying Index Components.
- Inception date
- November 17, 2009
- Fund family
- New York Life Investment Management LLC
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Data updated on 2026-08-05