The Merger Fund Quote

MERIX Fund  USD 17.05  0.01  0.06%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 41

 
100  
 
Zero
Below Average
The Merger is trading at 17.05 as of the 28th of March 2024; that is 0.06% increase since the beginning of the trading day. The fund's open price was 17.04. The Merger has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 3rd of April 2023 and ending today, the 28th of March 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 The Mutual Fund

  0.66USG USCF Gold Strategy Symbol ChangePairCorr
  0.62VVERX Virtus Ceredex Small-capPairCorr

The 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. The Merger's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding The Merger or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationVirtus Funds, Large Funds, Event Driven Funds, Event Driven, Virtus (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of April 2023
Fiscal Year EndDecember
The Merger Fund [MERIX] is traded in USA and was established 28th of March 2024. The Merger 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 requirementsThe Merger Fund is currently producing year-to-date (YTD) return of 0.35% with the current yeild of 0.03%, while the total return for the last 3 years was 1.66%.
Check The Merger 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 The 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 The 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

AGPXXInvesco Short Term InvestmentsMoney Market FundUS Money Market Fund
NXPINXP Semiconductors NVStockInformation Technology
XLXL Fleet CorpStockUS Stock
FOXFox Corp ClassStockCommunication Services
COHRCoherentStockInformation Technology
MBLYMobileye Global ClassStockConsumer Discretionary
TATT IncStockCommunication Services
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The Merger Target Price Odds Analysis

Based on a normal probability distribution, the odds of The Merger jumping above the current price in 90 days from now is nearly 4.54%. The The Merger Fund probability density function shows the probability of The Merger mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon The Merger Fund has a beta of -0.0015. This indicates as returns on benchmark increase, returns on holding The Merger are expected to decrease at a much lower rate. During the bear market, however, The Merger Fund is likely to outperform the market. Additionally, the Merger Fund has an alpha of 1.0E-4, implying that it can generate a 5.9E-5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 17.05HorizonTargetOdds Above 17.05
94.41%90 days
 17.05 
4.54%
Based on a normal probability distribution, the odds of The Merger to move above the current price in 90 days from now is nearly 4.54 (This The Merger Fund probability density function shows the probability of The Mutual Fund to fall within a particular range of prices over 90 days) .

The Merger Top Holders

SMUYXSimt Multi Strategy AlternativeMutual FundMultistrategy
SMSAXSimt Multi Strategy AlternativeMutual FundMultistrategy
HFSAXHundredfold Select AlternativeMutual FundTactical Allocation
RMDFXAspiriant Defensive AllocationMutual FundMultistrategy
SFHYXHundredfold Select AlternativeMutual FundTactical Allocation
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The Merger Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. The Merger market risk premium is the additional return an investor will receive from holding The Merger 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 The Merger. 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 The Merger's alpha and beta are two of the key measurements used to evaluate The Merger's performance over the market, the standard measures of volatility play an important role as well.

The Merger Against Markets

Picking the right benchmark for The Merger 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 The Merger 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 The Merger is critical whether you are bullish or bearish towards The Merger Fund at a given time. Please also check how The Merger'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 The Merger 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.

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How to buy The Mutual Fund?

Before investing in The Merger, 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 The Merger. To buy The Merger fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of The Merger. 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 The Merger 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 The Merger 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 The Merger. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile The 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running The Merger's price analysis, check to measure The Merger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy The Merger is operating at the current time. Most of The Merger's value examination focuses on studying past and present price action to predict the probability of The Merger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The Merger's price. Additionally, you may evaluate how the addition of The Merger to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between The Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if The Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The Merger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.