MARB
First Trust Merger Arbitrage ETF·ARCA
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Key Stats
Assets Under Management
39.31MUSD
Fund Flows (1Y)
9.14MUSD
Dividend Yield
3.01%
Discount/Premium to NAV
0.00%
Shares Outstanding
1.90M
Expense Ratio
1.74%
About First Trust Merger Arbitrage ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Feb 4, 2020
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
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.
Classification
Asset Class
Alternatives
Category
Hedge Fund Strategies
Focus
Long/Short
Niche
Merger Arbitrage
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.32% | +1.35% | +0.40% | +3.76% | +3.66% | +5.78% |
NAV Total Return | +0.44% | +2.78% | +0.44% | +7.33% | +11.05% | +15.03% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Communication Services
34.06%
Financial Services
17.57%
Energy
11.70%
Real Estate
11.20%
Industrials
9.58%
Technology
9.55%
Consumer Cyclical
6.35%
Communication Services
34.06%
Financial Services
17.57%
Energy
11.70%
Real Estate
11.20%
Industrials
9.58%
Technology
9.55%
Consumer Cyclical
6.35%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
US Dollar
49.67%
EA
Electronic Arts
4.55%
AHL
Aspen Insurance Holdings
4.06%
CFLT
Confluent
4.06%
JAMF
Jamf Holding
4.01%
HI
Hillenbrand
4.01%
ALEX
Alexander & Baldwin
3.98%
BHF
Brighthouse Financial
3.92%
CSGS
CSG Systems International
3.88%
Plymouth Industrial REIT, Inc.
3.77%
Top 10 Weight 85.91%
28 Total Holdings
Is SPY better than MARB?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.489 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.194 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.162 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.065 |
| 2023-12-22 | 2023-12-26 | 2023-12-29 | 0.148 |
| 2023-09-22 | 2023-09-25 | 2023-09-29 | 0.249 |
| 2023-06-27 | 2023-06-28 | 2023-06-30 | 0.046 |
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How Much Does MARB Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy MARB?
Fund Flows
