The Merger Fund Quote
| MERIX Fund | USD 16.92 0.02 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Merger Fund is trading at 16.92 as of the 19th of April 2024; that is -0.12 percent decrease since the beginning of the trading day. The fund's open price was 16.94. Merger Fund has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for The Merger Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent 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. More on The Merger Fund
Moving together with Merger Mutual Fund
| 0.71 | VMSAX | Virtus Multi Strategy | PairCorr |
| 0.69 | VMSSX | Virtus Multi Sector | PairCorr |
| 0.64 | HYIZX | Ridgeworth Seix High | PairCorr |
| 0.65 | HYPSX | Ridgeworth Seix High | PairCorr |
Merger Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Merger Fund's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Merger Fund or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Virtus Funds, Large Funds, Event Driven Funds, Event Driven, Virtus (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of April 2023 |
| Fiscal Year End | December |
The Merger Fund [MERIX] is traded in USA and was established 19th of April 2024. Merger Fund is listed under Virtus category by Fama And French industry classification. The fund is listed under Event Driven category and is part of Virtus family. This fund now has accumulated 3.36 B in assets with no minimum investment requirementsMerger Fund is currently producing year-to-date (YTD) return of 0.47% with the current yeild of 0.03%, while the total return for the last 3 years was 1.31%.
Check Merger Fund Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Merger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Merger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as The Merger Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top The Merger Fund Mutual Fund Constituents
| MBLY | Mobileye Global Class | Stock | Consumer Discretionary |
| FIS | Fidelity National Information | Stock | Financials |
| D | Dominion Energy | Stock | Utilities |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
| SYT | SYLA Technologies Co | Stock | Information Technology |
| HUN | Huntsman | Stock | Materials |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
Merger Fund Target Price Odds Analysis
Based on a normal probability distribution, the odds of Merger Fund jumping above the current price in 90 days from now is about 91.21%. The The Merger Fund probability density function shows the probability of Merger Fund mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Merger Fund has a beta of 0.0792. This indicates as returns on the market go up, Merger Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Merger Fund will be expected to be much smaller as well. Additionally, the Merger Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Merger Fund to move above the current price in 90 days from now is about 91.21 (This The Merger Fund probability density function shows the probability of Merger Mutual Fund to fall within a particular range of prices over 90 days) .
Merger Fund Top Holders
| SMUYX | Simt Multi Strategy Alternative | Mutual Fund | Multistrategy |
| SMSAX | Simt Multi Strategy Alternative | Mutual Fund | Multistrategy |
| HFSAX | Hundredfold Select Alternative | Mutual Fund | Tactical Allocation |
| INCMX | Fundx Flexible Income | Mutual Fund | Multisector Bond |
| RELAX | Fundx Servative Upgrader | Mutual Fund | Tactical Allocation |
| RMDFX | Aspiriant Defensive Allocation | Mutual Fund | Multistrategy |
| SFHYX | Hundredfold Select Alternative | Mutual Fund | Tactical Allocation |
Merger Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Merger Fund market risk premium is the additional return an investor will receive from holding Merger Fund long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Merger Fund. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Merger Fund's alpha and beta are two of the key measurements used to evaluate Merger Fund's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0897 | |||
| Standard Deviation | 0.135 | |||
| Variance | 0.0182 | |||
| Risk Adjusted Performance | (0.06) |
Merger Fund Against Markets
Picking the right benchmark for Merger Fund mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Merger Fund mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Merger Fund is critical whether you are bullish or bearish towards The Merger Fund at a given time. Please also check how Merger Fund's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Merger Fund without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio AnywhereTrack or share privately all of your investments from the convenience of any device |
| All Next | Launch Module |
How to buy Merger Mutual Fund?
Before investing in Merger Fund, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Merger Fund. To buy Merger Fund fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Merger Fund. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Merger Fund fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The Merger Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased The Merger Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as The Merger Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in The Merger Fund?
The danger of trading The Merger Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Merger Fund is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Merger Fund. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Merger Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Merger Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.