Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX)

NYSEARCA: SPAX · IEX Real-Time Price · USD
0.00 (0.02%)
At close: Mar 24, 2023, 9:39 AM
+0.10 (0.46%)
After-hours: Mar 24, 2023, 8:00 PM EDT
Assets $28.04M
Expense Ratio 0.50%
PE Ratio n/a
Shares Out 1.33M
Dividend (ttm) $0.20
Dividend Yield 0.95%
Ex-Dividend Date Dec 23, 2022
Payout Ratio n/a
1-Year Return +2.45%
Volume 4,979
Open 21.00
Previous Close 21.00
Day's Range 21.00 - 21.00
52-Week Low 19.54
52-Week High 21.84
Beta 0.02
Holdings 169
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 managed by Robinson.

Asset Class Equity
Category Event Driven
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPAX
Issuer Exchange Traded Concepts

Top 10 Holdings

16.56% of assets
Name Symbol Weight
First American Government Obligs X FGXXX 2.26%
Dragoneer Growth Opportunities Corp. III DGNU 1.83%
Churchill Capital Corp VII CVII 1.72%
Screaming Eagle Acquisition Corp. SCRM 1.67%
TPG Pace Beneficial II Corp. YTPG 1.61%
Khosla Ventures Acquisition Co. III KVSC 1.59%
PepperLime Health Acquisition Corporation PEPL 1.55%
Northern Star Investment Corp. II NSTB 1.45%
Landcadia Holdings IV, Inc. LCA 1.45%
Pivotal Investment Corporation III PICC 1.45%
View More Holdings


Ex-Dividend Amount Pay Date
Dec 23, 2022 $0.19935 Dec 28, 2022
Full Dividend History


As the SPAC Market Matures, Consider This Active ETF

Special purpose acquisition companies (SPACs) aren't going anywhere. On the contrary, initial public offerings (IPOs) in the space have already surpassed last year's tally and the pace of deal-making ...

1 year ago - ETF Trends

In the Downright Dizzying World of SPACs, Consider This New ETF Take

Amid a recent flurry of initial public offerings (IPOs), special purpose acquisition companies (SPACs) may be back in style again. Sort of. In the first half of the year, blank-check firms endured a c...

1 year ago - ETF Trends

2nd Pre-Merger SPAC ETF Launches

It's the first ETF product for fixed income group Robinson Capital.

Other symbols: SPCX
1 year ago - ETFcom

Robinson Capital Management Launches First Pre-Merger SPAC ETF, ‘SPAX'

On Wednesday, Robinson Capital Management, LLC, an independent investment advisor specializing in alternative fixed income strategies, announced the launch of the Robinson Alternative Yield Pre-Merger...

1 year ago - ETF Trends