First Trust Merger Arbitrage FundVARAX
Type
Mutual fund
Peer group
US equity: small companies
Net assets
$1.6B
Expense ratio
2.14%
1-year return
+5.3%
3 years, a year
+4.7%
5 years, a year
+3.8%
Holdings
207
What it aims to do.
The First Trust Merger Arbitrage Fund (the Fund) seeks returns that are largely uncorrelated with the returns of the general stock market, and capital appreciation.
Top 10 holdings.
| Holding | % of fund |
|---|---|
| Chart Industries Inc | 7.06% |
| Hologic Inc | 5.35% |
| Sealed Air Corp | 5.32% |
| Masimo Corp | 4.52% |
| Electronic Arts Inc | 4.39% |
| Tri Pointe Homes Inc | 3.98% |
| National Storage Affiliates Tr | 3.70% |
| Air Lease Corp | 3.36% |
| Clearwater Analytics Holdings | 2.69% |
| Terns Pharmaceuticals Inc | 2.57% |
More on VARAX.
- VARAX overview
- VARAX holdings
- VARAX risk
- VARAX costs
- VARAX money in and out
- VARAX share classes
- Compare VARAX with other funds
Returns after fees, from the fund's SEC filings up to Mar 2026. Past returns are not a promise. Not financial advice.