Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)

NYSEARCA: SPAX · IEX Real-Time Price · USD
20.41
+0.01 (0.04%)
May 23, 2024, 12:00 AM EDT - Market open
Assets $13.33M
Expense Ratio 0.75%
PE Ratio 34.10
Shares Out 650,000
Dividend (ttm) $1.81
Dividend Yield 8.85%
Ex-Dividend Date Mar 25, 2024
Payout Ratio 302.33%
1-Year Return -4.46%
Volume 30
Open 20.31
Previous Close 20.40
Day's Range 20.30 - 20.41
52-Week Low 19.95
52-Week High 22.10
Beta 0.04
Holdings 107
Inception Date Jun 22, 2021

About SPAX

Fund Home Page

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.

Asset Class Equity
Category Event Driven
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPAX
ETF Provider Tidal

Top 10 Holdings

45.36% of assets
Name Symbol Weight
First American Government Obligs X FGXXX 13.53%
US DOLLARS n/a 7.55%
Battery Future Acquisition Corp. BFAC 3.35%
EVe Mobility Acquisition Corp EVE 3.13%
Healthcare AI Acquisition Corp. HAIA 3.12%
Berenson Acquisition Corp. I BACA 3.03%
ESH Acquisition Corp. ESHA 2.94%
Welsbach Technology Metals Acquisition Corp. WTMA 2.93%
Concord Acquisition Corp II CNDA 2.91%
Kensington Capital Acquisition Corp. V KCGI 2.86%
View More Holdings

Dividends

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

News

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:

8 months ago - GlobeNewsWire

2nd Pre-Merger SPAC ETF Launches

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

Other symbols: SPCX
3 years ago - ETFcom