Equity Overview
Price & Market Data
Price: $11.68
Daily Change: +$0.015 / 0.13%
Daily Range: $11.66 - $11.77
Market Cap: $0
Daily Volume: 403
Performance Metrics
1 Week: 0.05%
1 Month: 2.06%
3 Months: 5.75%
6 Months: 7.80%
1 Year: 13.68%
YTD: 9.62%
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.