Merger Investor
(MERFX)
US Markets Closed
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16.00
-0.11
-0.69%
:

Previous Close

16.11

Net Assets

4.10B

Yield

1.90%

Front load

None

Expenses

1.26%

Category

Market Neutral

Morningstar Risk

Below Average

Morningstar Rating ★★★★
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Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • MERFX

  • Category

    • 2013

    • 3.61%

    • -

    • 2012

    • 3.61%

    • -

    • 2011

    • 1.66%

    • -

    • 2010

    • 3.41%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 0.25%

      • 1.09%

      • 2.41%

      • Q2

      • 0.06%

      • 0.06%

      • 0.50%

      • Q3

      • 1.89%

      • 1.08%

      • -4.00%

      • Q4

      • 1.37%

      • 1.34%

      • 2.90%

      Composition
      Sector Weightings
      Equity Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Hillshire Brands Co

        • 3.87

        • 3,875,305

        • 3,875,305

        • Time Warner Cable Inc

        • 3.83

        • 1,621,051

        • 476,850

        • Forest Laboratories Inc

        • 2.93

        • 1,843,092

        • 0

        • American International Group Inc

        • 2.69

        • 3,074,887

        • -134,713

        • Lamar Advertising Co Class A

        • 2.67

        • 3,139,900

        • 0

        • Hess Corp

        • 2.52

        • 1,590,600

        • 0

        • Huntsman Corp

        • 2.38

        • 5,270,704

        • -6,600

        • National Oilwell Varco Inc

        • 2.25

        • 1,705,496

        • 75,700

        • Actavis PLC

        • 2.17

        • 607,300

        • 607,300

        • Covidien PLC

        • 2.17

        • 1,498,444

        • 1,498,444

        • Name

        • Rating

        • YTD Return %

          • Calamos Market Neutral Income R

          • ★★★★★
          • 0.67

          • Calamos Market Neutral Income I

          • ★★★★★
          • 1.03

          • PIMCO Fundamental Advtg Abs Ret Str A LW

          • ★★★★★
          • -0.72

          • Turner Medical Sciences Long/Short Instl

          • ★★★★★
          • 14.03

          • PIMCO Fundamental Advtg Abs Ret Strat D

          • ★★★★★
          • -0.69

          • Turner Medical Sciences Long/Short C

          • ★★★★★
          • 13.12

          • Turner Medical Sciences Long/Short Inv

          • ★★★★★
          • 13.87

          • PIMCO Fundamental Advtg Abs Ret Strat I

          • ★★★★★
          • -0.44

          • TFS Market Neutral

          • ★★★★★
          • 0.43

          • Arbitrage I

          • ★★★★
          • -0.54

          • Name

          • MERFX

          • Category

            • Expense Ratio

            • 1.26%

            • 1.81%

            • Net Assets

            • 4.10B

            • 228.90M

            • Dividend Yield

            • 1.98%

            • 2.39

            • Price/Book

            • 1.73

            • 2.05

            • Price/Sales

            • 1.26

            • 1.37

            • Price/Cash Flow

            • 7.09

            • 7.41

            Profile

            Name of Issuer

            Merger

            Fund Style

            Open

            Fund Manager

            Roy Behren

            Investment Style

            Large Blend

            The investment seeks capital growth by engaging in merger arbitrage. The fund invests at least 80% of its total assets principally in the common stock, preferred stock and, occasionally, warrants of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.

            Purchase Information

            Initial Purchase 2,000
            Initial Purchase: IRA 2,000
            Initial Purchase: AIP 2,000
            Front load None
            Back Load None

            Inception

            1/31/1989