MARB ETF Report: Ratings, Analysis, Quotes, Holdings

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*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.

MARB MSCI ESG Analytics Insight

First Trust Merger Arbitrage ETF has an MSCI ESG Fund Rating of BB based on a score of 3.15 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Merger Arbitrage ETF ranks in the 10th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

MARB Charts And Performance

Price Chart ($)

Total Return Chart (%)

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PERFORMANCE [as of 05/27/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

MARB -2.07% -2.66% -- -- -- -- --

ticker (NAV) -2.03% -2.69% -- -- -- -- --

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

1.94%

$21.60K

0.32%

Fund Home Page

MARB Portfolio Data

Merger Arbitrage

N/A

MARB Index Data

No Underlying Index

Proprietary

N/A

MARB Portfolio Management

1.94%

Max. Downside Tracking Difference (12 Mo) --

MARB Tax Exposures

20.00% / 39.60%

Qualified dividends

MARB Fund Structure

Open-Ended Fund

100% / 0%

N/A

Low

Daily

Cboe Book Viewer

Top Of Book

Last 10 Trades

Bats BZX Real-time Quote -

MARB Factset Analytics Block Liquidity

As of 05/28/20

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

1,134

$21.60K

493

$9.59K

0.32%

$0.06

0.06%

0.52% / -0.57%

None

50,000

0.01

0.03%

$19.44

N/A

MARB Asset Allocation

Short

Long

Net

Equity

0.00%

Fixed Income

0.00%

Commodities

0.00%

Currency

0.00%

MARB Top 5 Holdings Short

-- --

MARB Performance Statistics

Total Return --

3.16%

-3.81%

-0.03

-2.30

13.20

MARB Correlations (Daily Returns 12 Mo)

GLOBAL EQUITY --

GLOBAL FIXED INCOME --

COMMODITIES --

MARB MSCI ESG Ratings

3.15 / 10

10.27

4.71%

1.34%

393.76

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Terms of Use

MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.