Merger ETF - MRGR Merger ETF

ProShares Merger ETF seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index.

  • Offers a rules-based approach for executing a merger arbitrage strategy.
  • Designed to provide an alternative source of returns not correlated to a portfolio's equity market holdings.
  • Has the goal of producing consistent, positive returns under virtually any market conditions.
  • Can help diversify a portfolio by providing a liquid, low volatility component for the alternative investments allocation.
  • Visit Alternatives University to learn about the role of alternative investments in a portfolio.
  • Note: NAV calculations for ProShares Merger ETF can be affected by market closings. Learn more.

Fund Snapshot

Ticker MRGR
Intraday Ticker MRGR.IV
CUSIP 74348A566
Inception Date 12/11/12
Expense Ratio * 0.75%
NAV Calculation Time 4:00 p.m. ET
Distributions Quarterly

* With Contractual Waiver ending 9/30/19.

Fund Characteristics as of 10/31/18

Distribution Yield 4.86%
SEC 30-Day Yield 3.36%
SEC 30-Day Yield (Unsubsidized) -0.06%

Price Information as of 11/16/18

NAV $36.67
NAV Change $0.01
Market Price Closing $36.56
Market Price Closing Change -$0.13
Daily Trading Volume 5,434

Performance

MRGR Performance Chart

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.