The Best Event Driven Mutual Funds
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Event Driven mutual funds.
- Number of Funds
- 18
- Avg. Expense Ratio
- 1.47%
- Avg. Yield
- 5.61%
- Avg. 1 Year Return
- 6.68%
- Median Risk/Return Score
- 75 / 100
The Best Event Driven Mutual Funds
17 results
| Symbol | Full Name | Category | Inception | Expense Ratio | YTD Return | 10Y Return (Annualized) | Dividend Yield | Risk / Return Rank | Max. Drawdown | Sharpe Ratio | Sortino Ratio | Omega Ratio | Martin Ratio | Calmar Ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Water Island Event-Driven Fund | Event Driven | Sep 30, 2010 | 1.44% | 2.89% | 4.34% | 0.92% | 95 | ||||||||
| The Arbitrage Fund | Event Driven | Sep 17, 2000 | 1.43% | 1.12% | 3.24% | 3.55% | 97 | ||||||||
| The Arbitrage Fund Class Institutional | Event Driven | Oct 17, 2003 | 1.49% | 1.28% | 3.50% | 3.68% | 97 | ||||||||
| BlackRock Event Driven Equity Fund Investor Class ... | Event Driven | Dec 19, 2007 | 1.51% | 2.03% | 5.67% | 4.10% | 73 | ||||||||
| BlackRock Event Driven Equity Fund | Event Driven | Dec 18, 2007 | 1.16% | 2.12% | 5.05% | 4.11% | 74 | ||||||||
| Dunham Monthly Distribution Fund | Event Driven | Jul 31, 2008 | 2.38% | 1.96% | 3.09% | 7.60% | 97 | ||||||||
| Driehaus Event Driven Fund | Event Driven | Aug 22, 2013 | 1.66% | — | — | 16.48% | — | ||||||||
| Gabelli Enterprise Mergers and Acquisitions Fund | Event Driven | Feb 27, 2001 | 1.01% | 6.87% | 5.82% | 3.94% | 75 | ||||||||
| Camelot Event Driven Fund Class A | Event Driven | Nov 21, 2003 | 2.22% | 2.00% | 7.14% | 0.75% | 25 | ||||||||
| Camelot Event-Driven Fund Institutional Class | Event Driven | Jun 7, 2010 | 1.74% | 2.13% | 7.19% | 0.88% | 27 | ||||||||
| Gabelli ABC Fund | Event Driven | May 13, 1993 | 0.79% | 3.68% | 3.34% | 4.45% | 44 | ||||||||
| NexPoint Merger Arbitrage Fund | Event Driven | Aug 18, 2016 | 1.50% | 1.63% | 5.90% | 5.08% | 99 | ||||||||
| The Merger Fund | Event Driven | Jan 30, 1989 | 1.50% | 1.04% | 3.90% | 7.34% | 97 | ||||||||
| The Merger Fund Class I | Event Driven | Aug 1, 2013 | 1.32% | 1.24% | 4.21% | 7.86% | 98 | ||||||||
| Vivaldi Merger Arbitrage Fund Class I | Event Driven | Oct 1, 2015 | 1.81% | 1.80% | 3.76% | 5.93% | 98 | ||||||||
| Virtus Westchester Event-Driven Fund | Event Driven | Jan 1, 2014 | 1.63% | 1.26% | 4.58% | 11.19% | 62 | ||||||||
| Virtus Westchester Credit Event Fund | Event Driven | Dec 28, 2017 | 1.90% | 1.18% | — | 7.46% | 49 |
Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years
Best Event Driven Mutual funds by Risk/Return Score
The top Event Driven Mutual funds by PortfoliosLab Risk/Return Score are HMEZX (99) and VARBX (98).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | |
| Vivaldi Merger Arbitrage Fund Class I | 98 | — | Oct 2015 | |
| The Merger Fund Class I | 98 | — | Aug 2013 | |
| Dunham Monthly Distribution Fund | 97 | — | Jul 2008 | |
| The Arbitrage Fund Class Institutional | 97 | — | Oct 2003 |
Best-Performing Event Driven Mutual funds Over 5 Years
The top Event Driven Mutual funds is EMAYX (5.76%).
Across the lineup, Event Driven Mutual funds show an average 1-year return of 6.68% and an average 5-year return of 3.84%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 5.76% | — | Feb 2001 | |
| Camelot Event Driven Fund Class A | 5.06% | — | Nov 2003 | |
| Camelot Event-Driven Fund Institutional Class | 5.00% | — | Jun 2010 | |
| NexPoint Merger Arbitrage Fund | 4.87% | — | Aug 2016 | |
| Vivaldi Merger Arbitrage Fund Class I | 4.11% | — | Oct 2015 |
Lowest-Cost Event Driven Mutual funds
The top Event Driven Mutual funds is GABCX (0.79%).
With an average expense ratio of 1.47%, Event Driven Mutual funds remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| Gabelli ABC Fund | 0.79% | — | May 1993 | |
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | — | Feb 2001 | |
| BlackRock Event Driven Equity Fund | 1.16% | — | Dec 2007 | |
| The Merger Fund Class I | 1.32% | — | Aug 2013 | |
| The Arbitrage Fund | 1.43% | — | Sep 2000 |
Highest-Yield Event Driven Mutual funds
The top Event Driven Mutual funds is DEVDX (16.48%).
Across the lineup, Event Driven Mutual funds show an average dividend yield of 5.61%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| Driehaus Event Driven Fund | 16.48% | — | Aug 2013 | |
| Virtus Westchester Event-Driven Fund | 11.19% | — | Jan 2014 | |
| The Merger Fund Class I | 7.86% | — | Aug 2013 | |
| Dunham Monthly Distribution Fund | 7.60% | — | Jul 2008 | |
| Virtus Westchester Credit Event Fund | 7.46% | — | Dec 2017 |
Top Mutual funds Categories
Target Retirement Date · 675 Mutual fundsDiversified Portfolio · 558 Mutual fundsMunicipal Bonds · 504 Mutual fundsForeign Large Cap Equities · 447 Mutual fundsLarge Cap Growth Equities · 429 Mutual fundsLarge Cap Blend Equities · 415 Mutual fundsLarge Cap Value Equities · 333 Mutual fundsGlobal Equities · 261 Mutual fundsHigh Yield Bonds · 208 Mutual fundsSmall Cap Blend Equities · 178 Mutual fundsSmall Cap Growth Equities · 174 Mutual fundsEmerging Markets Diversified · 173 Mutual fundsMid Cap Growth Equities · 168 Mutual fundsShort-Term Bond · 140 Mutual fundsIntermediate Core-Plus Bond · 135 Mutual fundsMid Cap Blend Equities · 131 Mutual fundsSmall Cap Value Equities · 130 Mutual fundsMid Cap Value Equities · 115 Mutual fundsREIT · 114 Mutual fundsIntermediate Core Bond · 110 Mutual fundsMultisector Bonds · 104 Mutual fundsForeign Small & Mid Cap Equities · 101 Mutual fundsGovernment Bonds · 99 Mutual fundsTotal Bond Market · 98 Mutual fundsEnergy Equities · 89 Mutual fundsGlobal Allocation · 87 Mutual fundsEmerging Markets Bonds · 83 Mutual fundsTactical Allocation · 82 Mutual fundsTechnology Equities · 80 Mutual fundsGlobal Bonds · 75 Mutual funds
Top Mutual funds Comparisons
Compare the top Mutual funds symbols based on PortfoliosLab usage data.
HMEZX vs. BIMBXHMEZX vs. MARBHMEZX vs. VOOHMEZX vs. AVUVHMEZX vs. VBRVARBX vs. ICMUXVARBX vs. DODLXVARBX vs. DBSCXVARBX vs. MINTVARBX vs. RCTIXARBNX vs. SPYARBNX vs. EVDIXARBNX vs. OSTIXARBNX vs. AGGARBNX vs. WCFRXMERIX vs. VOOMERIX vs. QLDMERIX vs. SPYMERIX vs. WCFRXMERIX vs. GABCXMERFX vs. SPYMERFX vs. GDLMERFX vs. MRGRMERFX vs. NIEMERFX vs. PDIAXBILPX vs. VOOBILPX vs. VTIBILPX vs. DEVDXBILPX vs. GDLBILPX vs. AEDNXEVDAX vs. SPYEVDAX vs. VOOEVDAX vs. EVDIXEVDAX vs. AEDNXEVDAX vs. GDLEMAYX vs. GWSAXEMAYX vs. AEDNXEMAYX vs. WCFRXEMAYX vs. GABBXEMAYX vs. GABSXARBFX vs. VEQT.TOARBFX vs. SPYARBFX vs. GDLARBFX vs. AEDNXARBFX vs. ACFIXDAMDX vs. DEVDXDAMDX vs. DCINXDAMDX vs. DCEMXDAMDX vs. AEDNXDAMDX vs. DCSVX