MARB

First Trust Merger Arbitrage ETF
*Unless otherwise stated, data provided by FactSet.

MARB Fund Description

MARB is an actively-managed global fund that uses a merger arbitrage strategy to long takeover target and short the acquiring company.

MARB Factset Analytics Insight

MARB targets global companies that are involved in a publicly-announced merger or acquisition. Only those companies involved in such significant corporate transaction are eligible for inclusion in the portfolio. In seeking capital appreciation, the fund takes a long position in stocks that are reported targets of takeovers or acquisitions, while shorting the acquiring name. MARB profits from the net of the target’s trading stock price following the announcement and the future contractual price of the target company when the transaction closes. The fund uses real-time quantitative-based research to evaluate the attractiveness of a transaction relative to others in the arbitrage universe. It also considers the probability of the merger’s completion and certain risks that may affect its likelihood. MARB may hold cash or cash equivalents if the aforesaid investment criteria are not satisfied.

PERFORMANCE [as of 08/17/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MARB 0.73% 2.11% 2.86% 3.86% -- -- --
MARB (NAV) 0.74% 1.92% 2.46% 3.71% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MARB Summary Data

First Trust
02/04/20
Open-Ended Fund
2.30%
$55.43M
$1.12M
0.28%

MARB Portfolio Data

Merger Arbitrage
--
N/A
--

MARB Index Data

No Underlying Index
Proprietary
Proprietary
N/A

MARB Portfolio Management

2.30%
--
--
--

MARB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MARB Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

MARB Factset Analytics Block Liquidity

As of 08/18/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MARB. MARB is rated a N/A out of 5.

MARB Tradability

56,009
$1.12M
26,892
$543.61K
0.28%
$0.06
-0.03%
0.64% / -0.27%
None
100.00%
50,000
0.54
0.03%
--
0
$20.15
N/A

MARB Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

MARB Top 5 Holdings Long

60.83%

MARB Top 5 Holdings Short

MARB Performance Statistics

3.71%
0.83%
-0.49%
0.07
0.09
-0.43
3.44

MARB Correlations (Daily Returns 12 Mo)

0.38
0.11
0.00