|Net Assets||5.23 Bil|
|Morningstar Risk||Below Average|
|Morningstar Return||Above Average|
- Last NAV update 8/29/2014 4:00 PM ET
|The investment seeks capital growth by engaging in merger arbitrage. The fund invests at least 80% of its total assets principally in the common stock, preferred stock and, occasionally, warrants of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.|
- Year to date performance as of 8/29/2014 12:00 AM ET
|Fund Manager||Roy Behren|
|Minimum Initial Purchase||2,000.00|
|Minimum IRA Investment||2,000.00|
- * Annualized returns
- Performance as of 8/29/2014 12:00 AM ET
|Net Assets||5.23 Bil||228.90 Mil|
|Avg Market Cap||18.08 Bil||35.23 Bil|
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