ProShares Merger ETF (MRGR)

ProShares Merger ETF (MRGR) is an exchange-traded fund in the Event Driven category. It has $15.93M in assets, an expense ratio of 0.75% and a 1.14% dividend yield. The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index is designed to measure the performance of a risk arbitrage strategy that exploits commonly observed price changes associated with publicly announced mergers, acquisitions, or other corporate reorganizations. The fund is non-diversified.