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
- 17
- Avg. Expense Ratio
- 1.46%
- Avg. Yield
- 4.95%
- Avg. 1 Year Return
- 6.04%
- Median Risk/Return Score
- 82 / 100
The Best Event Driven Mutual Funds
16 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% | 4.45% | 4.47% | 0.91% | 97 | ||||||||
| The Arbitrage Fund | Event Driven | Sep 17, 2000 | 1.43% | 1.71% | 3.29% | 3.53% | 97 | ||||||||
| The Arbitrage Fund Class Institutional | Event Driven | Oct 17, 2003 | 1.49% | 1.85% | 3.54% | 3.65% | 97 | ||||||||
| BlackRock Event Driven Equity Fund Investor Class ... | Event Driven | Dec 19, 2007 | 1.51% | 2.94% | 5.84% | 4.06% | 80 | ||||||||
| BlackRock Event Driven Equity Fund | Event Driven | Dec 18, 2007 | 1.16% | 3.17% | 5.22% | 4.07% | 82 | ||||||||
| Dunham Monthly Distribution Fund | Event Driven | Jul 31, 2008 | 2.38% | 1.82% | 3.18% | 7.58% | 96 | ||||||||
| Gabelli Enterprise Mergers and Acquisitions Fund | Event Driven | Feb 27, 2001 | 1.01% | 7.79% | 5.88% | 3.91% | 76 | ||||||||
| Camelot Event Driven Fund Class A | Event Driven | Nov 21, 2003 | 2.22% | 2.23% | 7.16% | 0.75% | 29 | ||||||||
| Camelot Event-Driven Fund Institutional Class | Event Driven | Jun 7, 2010 | 1.74% | 2.40% | 7.22% | 0.88% | 32 | ||||||||
| Gabelli ABC Fund | Event Driven | May 13, 1993 | 0.79% | 3.50% | 3.30% | 4.45% | 37 | ||||||||
| NexPoint Merger Arbitrage Fund | Event Driven | Aug 18, 2016 | 1.50% | 2.14% | 5.91% | 5.06% | 99 | ||||||||
| The Merger Fund | Event Driven | Jan 30, 1989 | 1.50% | 1.51% | 3.97% | 7.31% | 97 | ||||||||
| The Merger Fund Class I | Event Driven | Aug 1, 2013 | 1.32% | 1.65% | 4.28% | 7.83% | 98 | ||||||||
| Vivaldi Merger Arbitrage Fund Class I | Event Driven | Oct 1, 2015 | 1.81% | 2.18% | 3.90% | 5.91% | 99 | ||||||||
| Virtus Westchester Event-Driven Fund | Event Driven | Jan 1, 2014 | 1.63% | 1.46% | 4.72% | 11.17% | 57 | ||||||||
| Virtus Westchester Credit Event Fund | Event Driven | Dec 28, 2017 | 1.90% | 1.45% | — | 7.44% | 57 |
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 VARBX (99) and HMEZX (99).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 99 | — | Oct 2015 | |
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | |
| The Merger Fund Class I | 98 | — | Aug 2013 | |
| The Arbitrage Fund Class Institutional | 97 | — | Oct 2003 | |
| The Merger Fund | 97 | — | Jan 1989 |
Best-Performing Event Driven Mutual funds Over 5 Years
The top Event Driven Mutual funds is EMAYX (5.75%).
Across the lineup, Event Driven Mutual funds show an average 1-year return of 6.04% and an average 5-year return of 4.02%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 5.75% | — | Feb 2001 | |
| Camelot Event Driven Fund Class A | 5.22% | — | Nov 2003 | |
| Camelot Event-Driven Fund Institutional Class | 5.17% | — | Jun 2010 | |
| NexPoint Merger Arbitrage Fund | 4.93% | — | Aug 2016 | |
| BlackRock Event Driven Equity Fund | 4.21% | — | Dec 2007 |
Lowest-Cost Event Driven Mutual funds
The top Event Driven Mutual funds is GABCX (0.79%).
With an average expense ratio of 1.46%, 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 WCEIX (11.17%).
Across the lineup, Event Driven Mutual funds show an average dividend yield of 4.95%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| Virtus Westchester Event-Driven Fund | 11.17% | — | Jan 2014 | |
| The Merger Fund Class I | 7.83% | — | Aug 2013 | |
| Dunham Monthly Distribution Fund | 7.58% | — | Jul 2008 | |
| Virtus Westchester Credit Event Fund | 7.44% | — | Dec 2017 | |
| The Merger Fund | 7.31% | — | Jan 1989 |
Top Mutual funds Categories
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Top Mutual funds Comparisons
Compare the top Mutual funds symbols based on PortfoliosLab usage data.
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