PineBridge Merger Arbitrage I

 (MUTF:PBABX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.00%  
4 week   +0.10%
   
3 month   +0.40%
   
YTD   +0.50%
   
1 year   +3.83%
   
3 years*   +5.98%
   
5 years*
   
-2.85%  
*annualized
Best 3 month return+0.10%  
Worst 3 month return0.10%  

Morningstar statistics

Morningstar category: Market Neutral

Key statistics

Total assets5.02M 
Front load-  
Deferred load-  
Expense ratio1.35%  
Management fee-  
Fund familyPineBridge 

Purchase information

Initial$1,000,000  
Additional$1,000  
9.030.00(0.02%)
Jul 31, 4:00PM EDT

Description

The investment seeks capital appreciation. The fund normally invests primarily in equity securities of companies that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts and other corporate reorganizations. It generally takes long and short positions in the equity securities of U.S. companies. The fund also may invest in foreign securities and depositary receipts, including American Depositary Receipts ("ADRs"), European Depositary Receipts ("EDRs"), Global Depositary Receipts ("GDRs") and International Depositary Receipts ("IDRs"). It is non-diversified.
Fund filings (PDF) »
Asset managers:
Jason Weiss (Started: Jun 14, 2012)
Meg Sullivan (Started: Dec 30, 2011)
Advisor Company:
PineBridge Investments LLC
Fund family reports on Morningstar »
Brazos Mutual Funds, 55949 Sherry Lane, Suite 1600

Risk

  1 year 3 years 5 years 10 years  
Alpha*     -     -     -     -
Beta*     -     -     -     -
Mean annual return     -     -     -     -
R-squared*     -     -     -     -
Standard deviation     -     -     -     -
Sharpe ratio     -     -     -     -
* Against standard index