NYLI Merger Arbitrage ETF (MNA) Dividend Yield, History & Forecast

NYLI Merger Arbitrage ETF (MNA) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. The most recent ex-dividend date was December 28, 2023, with payment scheduled for January 5, 2024. market capitalization is approximately $264M.

MNA fund composition

MNA holds 74 positions, with 43.2% of assets in its ten largest. It charges an expense ratio of 0.75%, and manages $260.3M.

Top 10 holdings

HoldingWeight
CASHCASH6.60%
TECK-B.TOTeck Resources Limited Class B5.68%
NSCNorfolk Southern Corporation4.41%
DDominion Energy Inc4.19%
KVUEKenvue, Inc.4.09%
EAElectronic Arts Inc.3.96%
ROKURoku, Inc. Class A3.65%
CZRCaesars Entertainment, Inc.3.59%
NWENorthWestern Energy Group, Inc.3.57%
TECHBio-Techne Corporation3.44%

Sector allocation

Industrials24.6%Financial Services15.7%Healthcare12.9%Communication Services11.2%Technology8.0%Basic Materials7.6%Consumer Cyclical6.1%Real Estate5.1%Other8.9%

Frequently Asked Questions about NYLI Merger Arbitrage ETF (MNA)

When does NYLI Merger Arbitrage ETF pay distributions?
The most recent ex-dividend date was December 28, 2023. The next scheduled dividend payment date is January 5, 2024.
What does NYLI Merger Arbitrage ETF invest in?
The NYLI Merger Arbitrage ETF (MNA) is designed to replicate the price and yield performance of its benchmark, the NYLI Merger Arbitrage Index, prior to accounting for fund expenses. The Index itself aims for capital appreciation by strategically investing in companies worldwide that have publicly announced an acquisition offer. This distinct, passive methodology involves owning shares in these identified takeover targets, with the objective of generating returns characteristic of global merger arbitrage operations. Furthermore, in transactions involving an exchange of stock, the Index...