VARAX Mutual Fund (First Trust Merger Arbitrage Fund Class A) is managed by First Trust Capital Management L.P with $60.7M in net assets. VARAX expense ratio is 2.07%, holding 180 positions across sectors including Unknown, Financials, Health Care. Inception date: 2015-10-01.

VARAX performance shows a YTD return of 2.23%. The 1-year return is 4.09% and the 5-year return is 3.76%. VARAX dividend yield stands at 5.75%, paid annually.

VARAX top holdings include Cadence Bancorp Common Stock (4.9%), Cyberark Software Ltd/Israel Common Stock (4.0%), Umb Money Market Ii Special (3.8%), Comerica Inc. (3.6%), Ceridian Hcm Holding Inc (3.6%). View all VARAX holdings, sector breakdown, or dividend history.

VARAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. VARAX alternatives are available via the screener, along with tax-loss harvesting opportunities.