Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)
| Assets | $8.13M |
| Expense Ratio | 0.86% |
| PE Ratio | 33.95 |
| Shares Out | 400,000 |
| Dividend (ttm) | $2.08 |
| Dividend Yield | 10.24% |
| Ex-Dividend Date | Sep 26, 2024 |
| Payout Ratio | 347.53% |
| 1-Year Return | -5.50% |
| Volume | 349 |
| Open | 20.67 |
| Previous Close | 20.30 |
| Day's Range | 20.28 - 20.67 |
| 52-Week Low | 19.95 |
| 52-Week High | 21.95 |
| Beta | 0.02 |
| Holdings | 100 |
| Inception Date | Jun 22, 2021 |
About SPAX
Fund Home PageThe 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
34.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Government Obligations Fund | FGXXX | 4.85% |
| Black Spade Acquisition II Co Units (1 Ord Class A & 1/3 War) | BSIIU | 4.55% |
| Spree Acquisition Corp 1 Ltd Class A | SACQF | 4.37% |
| Capitalworks Emerging Markets Acquisition Corp | CMCAF | 3.32% |
| Launch Two Acquisition Corp Units (1 Ord Class A & 1/2 War) | LPBBU | 3.05% |
| Arogo Capital Acquisition Corp Class A | AOGO | 2.97% |
| Concord Acquisition Corp II Class A | CNDA | 2.87% |
| Plum Acquisition Corp. III | PLMJ | 2.86% |
| ESH Acquisition Corp. | ESHA | 2.71% |
| FTAC Emerald Acquisition Corp. | FLD | 2.60% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 | $1.266 | Dec 27, 2023 |
| Sep 26, 2023 | $0.270 | Sep 29, 2023 |
| Dec 23, 2022 | $0.199 | Dec 28, 2022 |
News
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,...
2nd Pre-Merger SPAC ETF Launches
It's the first ETF product for fixed income group Robinson Capital.