MRGR

Fund Description
ProShares Merger ETF seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index. The S&P Merger Arbitrage Index provides exposure to a global merger arbitrage strategy, which seeks to capture the spread between the price at which the stock of a company (each such company, a "target") trades after a proposed acquisition of such target is announced and the value (cash plus stock) that the acquiring company (the "acquirer") has proposed to pay for the stock of the target (a "spread").
Fund Profile
Fund Name ProShares Merger ETF
Fund Exchange Ticker MRGR
Fund Sponsor ProShares
Fund ISIN US74348A5662
Net Expense Ratio 0.75 %
Fund Inception Date 11 December 2012
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name S&P Merger Arbitrage Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 23 November 2022
Asset Under Management 20.64 Million (USD)
1 Month Total Return -1.77 %
Year To Date Return -5.13 %
1 Year Total Return -4.91 %
3 Year Annualized Total Return 1.46 %
NAV 39.3208
Share Outstanding 525,000
Top 10 Holdings (25 November 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Net Other Assets (Liabilities) OTHR 0.3432643245
S&P Merger Arbitrage Long Index SWAP Societe Generale SWAP 0.1271976697
EURONAV NV EURN EQUI 0.0420305085
SOUTH JERSEY INDUSTRIES SJI EQUI 0.0277964844
FIRST HORIZON CORP FHN EQUI 0.0275739723
Derivatives offset OTHR 0.0274806587
RESOLUTE FOREST PRODUCTS RFP EQUI 0.0272576657
LHC GROUP INC LHCG EQUI 0.0264734670
SWITCH INC - A SWCH EQUI 0.0260766684
POSHMARK INC-CLASS A POSH EQUI 0.0258952834