Equity Overview
Price & Market Data
Price: $11.08
Daily Change: +$0.029 / 0.26%
Range: $11.08 - $11.12
Market Cap: $0
Volume: 579
Performance Metrics
1 Week: 0.40%
1 Month: 1.47%
3 Months: 2.63%
6 Months: 3.75%
1 Year: 11.10%
YTD: 4.17%
Details
To pursue the fund's investment objective, the adviser employs a "long/short" event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the "adviser") believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.