AltShares Event Ownership
| EVNT Etf | USD 10.78 0.01 0.09% |
AltShares |
AltShares Etf Ownership Analysis
AltShares Event is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 132 constituents across multiple sectors and instustries. The fund charges 1.25 percent management fee with a total expences of 1.29 percent of total asset. The fund retains 92.42% of assets under management (AUM) in equities. To pursue the funds investment objective, the adviser employs a longshort event-driven strategy, which seeks to profit by investing, long andor short, in the equity and debt securities of companies whose prices Water Island Capital, LLC believes are or will be impacted by a publicly announced or anticipated corporate event. Altshares Event-Driven is traded on NYSEARCA Exchange in the United States. To learn more about AltShares Event Driven ETF call the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AltShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AltShares Event , and the less return is expected.
Currency Exposure (%)
Investment Allocations (%)
Top Etf Constituents
| AMD | Advanced Micro Devices | Stock | |
| FIVN | Five9 Inc | Stock | |
| ROG | Rogers | Stock | |
| TGNA | Tegna Inc | Stock |
AltShares Event Outstanding Bonds
AltShares Event issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AltShares Event Driven uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AltShares bonds can be classified according to their maturity, which is the date when AltShares Event Driven ETF has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Thematic Opportunities
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AltShares Event Driven ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of AltShares Event Driven is measured differently than its book value, which is the value of AltShares that is recorded on the company's balance sheet. Investors also form their own opinion of AltShares Event's value that differs from its market value or its book value, called intrinsic value, which is AltShares Event's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AltShares Event's market value can be influenced by many factors that don't directly affect AltShares Event's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AltShares Event's value and its price as these two are different measures arrived at by different means. Investors typically determine if AltShares Event is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AltShares Event's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.