Equity Overview
Price & Market Data
Price: $11.87
Daily Change: +$0.0194 / 0.16%
Daily Range: $11.78 - $11.90
Market Cap: $0
Daily Volume: 2,150
Performance Metrics
1 Week: 1.37%
1 Month: 1.63%
3 Months: 2.06%
6 Months: 0.62%
1 Year: 11.97%
YTD: 2.91%
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.