CrossingBridge Pre-Merger SPAC ETF (SPC)
| Assets | $31.56M |
| Expense Ratio | 0.87% |
| PE Ratio | 49.04 |
| Shares Out | 1.47M |
| Dividend (ttm) | $1.47 |
| Dividend Yield | 6.85% |
| Ex-Dividend Date | Dec 26, 2024 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 335.81% |
| Volume | 378 |
| Open | 21.44 |
| Previous Close | 21.47 |
| Day's Range | 21.43 - 21.47 |
| 52-Week Low | 18.82 |
| 52-Week High | 22.09 |
| Beta | 0.03 |
| Holdings | 44 |
| Inception Date | Sep 21, 2021 |
About SPC
Fund Home PageThe CrossingBridge Pre-Merger SPAC ETF (SPC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in pre-merger Special Purpose Acquisitions Companies. SPC was launched on Sep 21, 2021 and is issued by CrossingBridge Funds.
Top 10 Holdings
54.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Patria Latin American Opportunity Acquisition Corp. | PLAO | 8.32% |
| Cartesian Growth Corp II Class A | RENE | 6.65% |
| First American Treasury Obligations Fund | FXFXX | 5.99% |
| Axiom Intelligence Acquisition Corp 1 Units (1 Ord Cls A & 1 Rts) | AXINU | 5.46% |
| Mercer Park Opportunities Corp. | SPAC.U | 5.09% |
| Cal Redwood Acquisition Corp Units | CRAQU | 4.75% |
| Armada Acquisition Corp II Units | AACIU | 4.73% |
| Iron Horse Acquisitions Corp. | IROH | 4.47% |
| Four Leaf Acquisition Corporation | FORL | 4.43% |
| Aimei Health Technology Co., Ltd | AFJK | 4.36% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $1.12347 | Dec 27, 2024 |
| Sep 24, 2024 | $0.34407 | Sep 25, 2024 |
| Dec 26, 2023 | $0.76515 | Dec 28, 2023 |
| Dec 29, 2022 | $0.215 | Jan 3, 2023 |
| Sep 29, 2022 | $0.02027 | Oct 3, 2022 |
Performance
SPC had a total return of 5.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.98%.
News
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,...
BFAC And The SPAC Problem
There's nothing particularly wrong with Battery Future Acquisition Corp, it's an example of the sector, that's all.
CrossingBridge Advisors Launches Pre-Merger SPAC ETF For Investors As A Fixed Income Alternative
NEW YORK, Sept. 21, 2021 /PRNewswire/ -- CrossingBridge Advisors, LLC ("CrossingBridge") an investment-management firm specializing in ultra-short and low-duration strategies, including special purpos...