Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)
| Assets | $4.59M |
| Expense Ratio | 0.86% |
| PE Ratio | 33.95 |
| Shares Out | 225,000 |
| Dividend (ttm) | $1.11 |
| Dividend Yield | 5.50% |
| Ex-Dividend Date | Dec 27, 2024 |
| Payout Frequency | Quarterly |
| Payout Ratio | 186.62% |
| Volume | 228 |
| Open | 20.28 |
| Previous Close | 20.36 |
| Day's Range | 20.28 - 20.28 |
| 52-Week Low | 19.70 |
| 52-Week High | 21.50 |
| Beta | 0.02 |
| Holdings | 12 |
| Inception Date | Jun 22, 2021 |
About SPAX
The Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is issued by Tidal.
Top 10 Holdings
100.99% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 99.61% |
| RMG Acquisition Corp. III | RMGCF | 1.25% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 0.07% |
| Spree Acquisition Corp 1 Ltd Class A | SACQF | 0.03% |
| Corner Growth Acquisition Corp 2 Ordinary Shares - Class A | TRON | 0.02% |
| Northern Star Investment Corp III Ordinary Shares - Class A | NSTC | 0.00% |
| Northern Star Investment Corp Iv | n/a | 0.00% |
| Eve Mobility Acquisition Corp | n/a | 0.00% |
| Pearl Holdings Acquisition Corp | n/a | 0.00% |
| Aetherium Acquisition ([Wts/Rts]) | n/a | 0.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.3045 | Dec 31, 2024 |
| Sep 26, 2024 | $0.270 | Sep 30, 2024 |
| Jun 26, 2024 | $0.270 | Jun 28, 2024 |
| Mar 25, 2024 | $0.270 | Mar 28, 2024 |
| Dec 22, 2023 | $1.26625 | Dec 27, 2023 |
| Sep 26, 2023 | $0.270 | Sep 29, 2023 |
Performance
SPAX had a total return of 3.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.93%.
News
Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) to Close
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group and Robinson Capital Management, LLC announce the closure and liquidation of the Robinson Alternative Yield Pre-Merger SPAC ETF (NYSE...
Robinson Capital Announces Quarterly Distributions on $SPAX
GROSSE POINTE FARMS, Mich., June 25, 2024 (GLOBE NEWSWIRE) -- Robinson Capital today announced quarterly distributions on the Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX).
Robinson Capital Announces Quarterly Distribution on the Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX)
GROSSE POINTE FARMS, Mich., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Robinson Capital announced a distribution on the Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) on 9/30/2023:
Monthly SPAC Issuance Grinds To A Complete Halt For The First Time In 5 Years
SPAC issuance has been reduced to a trickle for most of 2022, but now even that is drying up. July is expected to be the first month with no blank check IPOs in over five years. In the last two years,...