VARAX Mutual Fund

VARAX Mutual Fund (First Trust Merger Arbitrage Fund Class A) is managed by First Trust Capital Management L.P with $60.9M in net assets. VARAX expense ratio is 2.07%, holding 187 positions across sectors including Health Care, Consumer Discretionary, Industrials. Inception date: 2015-10-01.

VARAX performance shows a YTD return of 2.91%. The 1-year return is 3.34% and the 5-year return is 3.75%. VARAX dividend yield stands at 5.69%, paid annually.

VARAX top holdings include Taylor Morrison Home Corporation Class A (11.3%), Chart Industries Inc (9.5%), A R C Resources Ltd. (5.8%), Nuvalent Inc - Class A Shares (5.4%), National Storage Affiliates (4.8%). Go to all VARAX holdings, VARAX sectors, or VARAX dividends.

VARAX can be compared against other funds. Use VARAX overlap to find shared positions, or VARAX vs another fund for a side-by-side view. VARAX alternatives are available via the screener, along with tax-loss harvesting opportunities.