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.
  • 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 9/30/16.

Fund SEC Yields as of 5/31/16

SEC 30-Day Yield 1.21%
SEC 30-Day Yield (Unsubsidized) -0.82%

Fund Characteristics as of 5/31/16

Distribution Yield 0.00%
12-Month Yield 0.27%

Price Information as of 6/29/16

NAV $36.32
NAV Change -$0.01
Market Price Closing $36.35
Market Price Closing Change -$0.06
Daily Trading Volume 1,500