Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX)
| 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.
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% |
News
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 ...
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...
2nd Pre-Merger SPAC ETF Launches
It's the first ETF product for fixed income group Robinson Capital.
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...