The Merger Fund®

Scorecard
4 / 5 Stars
Lipper
2 2 5 4 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
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TheStreet.com
C- (Hold)

U.S. News evaluated 47 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 4.59 percent over the past year, 2.65 percent over the past three years, 4.26 percent over the past five years, and 3.47 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.5%
1 Year 4.6%
3 Years (Annualized) 2.7%
5 Years (Annualized) 4.3%
10 Years (Annualized) 3.5%

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Summary

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.

Fees

Fees are Low compared to funds in the same category.
The Merger Fund® has an expense ratio of 1.27 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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