VARBX Mutual Fund

NAV$10.80

Fund Essentials - as of Dec 31, 2025

Net Assets
$1.6B
Expense Ratio
1.75%
Dividend Yield (Current)
5.92%
Holdings
180
Inception Date
Oct 1, 2015
Fund Family
First Trust Capital Management L.P
Investment Style
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Asset Class
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Legal Structure
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Dividend Frequency
Annually

Performance

YTD+2.37%
1 Year+4.41%
3 Year+5.41%
5 Year+4.15%
10 Year+4.63%

Asset Allocation

Stocks: 92.25%
Cash: 7.67%
Other: 0.08%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
CADECadence Bancorp Common Stock4.93%
CYBR:ILCyberark Software Ltd/Israel Common Stock4.04%
-Umb Money Market Ii Special3.77%
CMAComerica Inc.3.62%
CDAYCeridian Hcm Holding Inc3.60%
Top 10 Concentration: 32.01%Report Date: Dec 31, 2025
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Dividend Summary

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Dividend Yield (Current)
5.92%
Frequency
Annually
Latest Distribution
$0.89
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Peer Comparison

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VARBX Mutual Fund Overview

VARBX Mutual Fund (First Trust Merger Arbitrage Fund Class I) is managed by First Trust Capital Management L.P with $1.57B in net assets. VARBX expense ratio is 1.75%, holding 180 positions across sectors including Unknown, Financials, Health Care. Inception date: 2015-10-01.

VARBX performance shows a YTD return of 2.37%. The 1-year return is 4.41% and the 5-year return is 4.15%. VARBX dividend yield stands at 5.92%, paid annually.

VARBX 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 VARBX holdings, sector breakdown, or dividend history.

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