Morningstar

The Merger Fund I MERIX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 17.38  /  0.00
  • Total Assets 2.5 Bil
  • Adj. Expense Ratio
    1.230%
  • Expense Ratio 1.270%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Event Driven
  • Alt Style Correlation / Relative Volatility Low/Low
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.84%
  • Turnover 218%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:27 AM GMT+0

Morningstar’s Analysis MERIX

Will MERIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MERIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MERIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MERIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A disciplined approach run by seasoned event-driven investors.

Associate Director Adam Millson

Adam Millson

Associate Director

Summary

Two industry veterans lead The Merger Fund’s steadfast approach to merger-arbitrage investing.

by Adam Millson
Rated on Published on

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Portfolio Holdings MERIX

More MERIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Hess Corp

7.96 193.1 Mil
Energy

Goldman Sachs FS Treasury Intms Instl

7.95 192.8 Mil
Cash and Equivalents

Endeavor Group Holdings Inc Class A

5.10 123.8 Mil
Communication Services

WestRock Co

4.70 113.9 Mil
Consumer Cyclical

Virtus Westchester Event-Driven Fd I

4.31 104.6 Mil
—

United States Steel Corp

3.52 85.4 Mil
Basic Materials

Amedisys Inc

3.32 80.4 Mil
Healthcare

Us Dollar

2.88 69.7 Mil
Cash and Equivalents

Axonics Inc

2.85 69.1 Mil
Healthcare

Usd/Aud Fwd 20241029 Goldus33

2.71 65.6 Mil
Derivative

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