NYLI Merger Arbitrage ETF (MNA) Stock: Dividends & Earnings

Company Overview:

Market Cap: $251.39M

Trailing PE: N/A

FWD PE: —

Payout Ratio (TTM): —

52-Week Range: $35.57 - $37.19

10 Year MNA Performance Metrics:

Total Return (with DRIP): 31.0% (2.74% CAGR)

Total Return (no DRIP): 30.7% (2.72% CAGR)

Share Price: 28.2% (2.52% CAGR)

Yield on Cost (with DRIP): 1.34%

Total Invested: $10,000

Total Value (with DRIP): $13,104

Total Return $ (with DRIP): $3,104

Dividend Increase: 0.0% (0.00% CAGR)

Dividend Yield (FWD): 1.02% ($0.38)

MNA 10-yr Total Return ($10K invested)

1M 3M 6M YTD 1Y 3Y 5Y 10Y

MNA Share Price

1M 3M 6M YTD 1Y 3Y 5Y 10Y All

MNA Price CAGR:1Y: 3.08%2Y: 5.82%5Y: 2.27%10Y: 2.52%

MNA Dividend Payments & Yield

Dividend Payments & Yield

MNA Dividend CAGR:1Y: 15.32%2Y: 15.32%5Y: 15.32%10Y: 15.32%

Annual Dividends (Total Paid Per Year)

Dividend Growth Year Over Year

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Combined 55% Lifetime Discount

MNA Dividends Info:

Annual Dividend: $1.51008

Forward Yield: 4.1%

Ex-Dividend Date: 2023-12-28

Lifetime Dividends / Share: $2.04

MNA Dividend History: Dates, Payments & Yield list

Below is a schedule of all MNA dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield

Ex-Date	Payment Date	Amount	Yield	Forward Yield	Price on Ex-Date
12/28/2023	01/01/2024	$0.378	4.8%	4.8%	$31.44
12/30/2020	01/07/2021	$0.766	2.31%	2.28%	$33.55
12/28/2016	01/04/2017	$0.061	0.21%	0.21%	$29.35
12/29/2015	01/05/2016	$0.245	0.87%	0.87%	$28.14
12/27/2013	01/03/2014	$0.264	1%	0.99%	$26.54
12/23/2010	12/30/2010	$0.328	1.31%	1.31%	$24.99
12/23/2009	12/30/2009	$0.002	0.03%	0.03%	$25.62

Projected Future Returns & Dividends for MNA

Based on past 10-year performance, here are MNA growth metrics:

Share price CAGR of +2.52%
Dividend CAGR of +15.32%

Using MNA CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

	MNA (DRIP)	MNA - No DRIP
Current Price	$36.86	$36.86
Start Shares	271.30	271.30
Start Value	$10,000	$10,000

After 10 years:
Final Share Count	407.81	271.30
Dividends Payment	$0.38	$0.38
Annual Dividends	$616	$410
Yield on cost	6.16%	4.10%
Share Price	$36.86	$36.86
Total Dividends	$5,032	$4,097
Final Value	$15,032	$14,097

Estimated Future Value + Dividends - MNA

NOTE: Above numbers are our estimate based on MNA's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

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Combined 55% Lifetime Discount

Company Info

NYLI Merger Arbitrage ETF (MNA) had its IPO on 2009-11-17, and is traded on AMEX stock exchange.

The NYLI Merger Arbitrage ETF (MNA) is designed to replicate the price and yield performance of its benchmark, the NYLI Merger Arbitrage Index, prior to accounting for fund expenses. The Index itself aims for capital appreciation by strategically investing in companies worldwide that have publicly announced an acquisition offer. This distinct, passive methodology involves owning shares in these identified takeover targets, with the objective of generating returns characteristic of global merger arbitrage operations. Furthermore, in transactions involving an exchange of stock, the Index includes a short position in the acquirer's shares anticipated to be received by the target company's stockholders.

MNA website: https://www.newyorklifeinvestments.com/etf/nyli-merger-arbitrage-etf-mna