VARCX Mutual Fund

NAV$10.63

Fund Essentials - as of Dec 31, 2025

Net Assets
$4M
Expense Ratio
2.80%
Dividend Yield (Current)
5.23%
Holdings
180
Inception Date
Jan 31, 2024
Fund Family
First Trust Capital Management L.P
Investment Style
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Asset Class
••••••••••
Legal Structure
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Dividend Frequency
Annually

Performance

YTD+1.72%
1 Year+3.46%

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)
5.23%
Frequency
Annually

Peer Comparison

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VARCX Mutual Fund Overview

VARCX Mutual Fund (First Trust Merger Arbitrage Fund Class C) is managed by First Trust Capital Management L.P with $3.5M in net assets. VARCX expense ratio is 2.80%, holding 180 positions across sectors including Unknown, Financials, Health Care. Inception date: 2024-01-31.

VARCX performance shows a YTD return of 1.72%. The 1-year return is 3.46%. VARCX dividend yield stands at 5.23%, paid annually.

VARCX 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 VARCX holdings, sector breakdown, or dividend history.

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