Virtus Westchester Event-Driven Fund Class - A (WCERX)
Virtus Westchester Event-Driven Fund Class - A operates in the Asset Management industry of the Financial Services sector, headquartered in Greenfield, MA, US. The stock last traded at $10.32, up 0.00% on the session, giving a market capitalisation of $130.3M. Its beta of 0.12 implies it has historically moved less than the broad market.
This fund predominantly seeks to profit from the price movements of equity and debt securities belonging to companies involved in distinct corporate events. These "event-driven opportunities" include, but are not limited to, transactions such as mergers, acquisitions, sales of assets or other divestitures, corporate restructurings, debt refinancings, changes in capital structure, reorganizations, and various other unique circumstances.
Virtus Westchester Event-Driven Fund Class - A is most often compared with the following Financial Services names: