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NYLI Merger Arbitrage (MNA) ETF Holdings & Analysis
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What MNA does
The NYLI Merger Arbitrage ETF (MNA) is designed to replicate the price and yield performance of its benchmark, the NYLI Merger Arbitrage Index, prior to accounting for fund expenses. The Index itself aims for capital appreciation by strategically investing in companies worldwide that have publicly announced an acquisition offer. This distinct, passive methodology involves owning shares in these identified takeover targets, with the objective of generating returns characteristic of global merger arbitrage operations. Furthermore, in transactions involving an exchange of stock, the Index includes a short position in the acquirer's shares anticipated to be received by the target company's stockholders.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| DREY INST PREF GOV MM INS | 12.30% | |
| Teck Resources Limited Class B | 5.66% | |
| NorthWestern Energy Group, Inc. | 3.55% | |
| Dominion Energy Inc | 3.39% | |
| Warner Bros. Discovery, Inc. Series A | 3.37% | |
| Caesars Entertainment, Inc. | 3.10% | |
| AES Corporation | 3.06% | |
| Kenvue, Inc. | 2.96% | |
| Equitable Holdings, Inc. | 2.84% | |
| Organon & Co. | 2.74% |
Sector allocation
| Basic Materials | 6.60% |
| Cash & Others | 0.00% |
| Communication Services | 12.47% |
| Consumer Cyclical | 5.91% |
| Consumer Defensive | 3.57% |
| Energy | 5.13% |
| Financial Services | 14.57% |
| Healthcare | 8.17% |
| Industrials | 19.68% |
| Real Estate | 4.39% |
| Technology | 7.77% |
Geographic allocation
| Other | 12.76% |
| Canada | 9.15% |
| United States | 59.12% |
| United Kingdom | 10.46% |
| Luxembourg | 2.14% |
| Israel | 1.86% |
| Italy | 1.68% |
| Japan | 1.01% |
| Norway | 0.95% |
| France | 0.58% |
PortView Portfolio Insights
PortView analyzes how MNA fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze MNA in PortView →Related securities
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Frequently asked questions
- What does MNA track?
- MNA is the NYLI Merger Arbitrage ETF, a Other ETF.
- What is the expense ratio of MNA?
- Expense ratio data for MNA is shown on the page when available from our data provider.
- What are the largest holdings in MNA?
- Top holdings include DREY INST PREF GOV MM INS, TECK-B.TO, NWE, D, WBD.
- How can PortView analyze MNA overlap with other ETFs?
- PortView computes the holdings overlap between MNA and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.