DV
Dividend Vision

MARB — First Trust Vivaldi Merger Arbitrage ETF

Renamed. The figures below are frozen at this symbol's final trading day. Now trading as NTRL.

First Trust Vivaldi Merger Arbitrage ETF (MARB)

First Trust Vivaldi Merger Arbitrage ETF is an ETF that pursues merger arbitrage by taking long and short positions in equity securities of companies involved in publicly-announced significant corporate events such as mergers or acquisitions, including U.S. and non-U.S. companies of various market capitalizations. The fund has a modest current distribution rate and does not distribute on a regular frequency basis, with an expense ratio of 0.95%. It appeals to investors seeking specialized event-driven strategies that differ from traditional equity or fixed-income approaches.

MARB key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
02/04/2020
Expense ratio
0.95%
Distribution rate
0.91%
Distribution frequency
None
Last close
$20.81
AUM
$19,863,802
Average volume
9315.0
Ex-dividend date
09/24/2026
Payment date
09/30/2026
Beta
0.04
P/E ratio
30.1679