Welcome to The Merger Fund^® Website

The Merger Fund^® was launched in 1989 and it was the first mutual fund devoted exclusively to merger arbitrage. In the 23 years since inception, the Fund's highly experienced managers have continually refined their investment approach and added new risk-management tools in pursuit of one principal objective: to produce positive returns under a wide variety of market conditions. Please see the below table for the most recent NAV update.

2011 Final Capital Gain and Ordinary Income Distributions

3Q 2011 Investor Letter is now available. Click here.

4Q 2011 Portfolio Snapshot detailing portfolio composition, attribution and performance is now available. Click here.

The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original costs. Current performance may be lower or higher than the performance quoted. The Fund imposes a 2% redemption fee on shares redeemed within 30 days of purchase. Click here for the Fund's most recent month-end performance data.

An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The current prospectus contains this and other information about the Fund. To obtain a prospectus, click here. Please read the prospectus carefully before investing.