RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ)
| Assets | $6.87M |
| Expense Ratio | 0.90% |
| PE Ratio | 66.10 |
| Shares Out | 265,000 |
| Dividend (ttm) | $3.08 |
| Dividend Yield | 11.84% |
| Ex-Dividend Date | Dec 24, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 776.82% |
| Volume | 1,044 |
| Open | 26.23 |
| Previous Close | 26.22 |
| Day's Range | 25.86 - 26.23 |
| 52-Week Low | 24.83 |
| 52-Week High | 29.01 |
| Beta | 0.02 |
| Holdings | 191 |
| Inception Date | Jul 11, 2022 |
About SPCZ
Fund Home PageThe RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that holds US-listed, small- and mid-cap pre-combination SPAC securities. SPCZ was launched on Jul 11, 2022 and is issued by Truemark Group.
Top 10 Holdings
35.34% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Institutional U.S. Government Money Market Fund Administration Class | SALXX | 15.90% |
| Graf Global Corp. | GRAF | 2.73% |
| Solarius Capital Acquisition Corp. | SOCA | 2.18% |
| Activate Energy Acquisition Corp. | AEAQ | 2.09% |
| Bitcoin Infrastructure Acquisition Corp Ltd. | BIXI | 2.09% |
| Lafayette Digital Acquisition Corp. I | ZKP | 2.08% |
| United Acquisition Corp. I | UAC | 2.07% |
| Legato Merger Corp. IV | LEGO | 2.07% |
| SC II Acquisition Corp. | SCII | 2.07% |
| SUMA Acquisition Corporation | SUMA | 2.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $3.08087 | Dec 26, 2025 |
| Dec 27, 2024 | $1.10145 | Dec 30, 2024 |
| Dec 27, 2023 | $1.28779 | Dec 29, 2023 |
| Dec 29, 2022 | $0.0557 | Jan 3, 2023 |
Performance
SPCZ had a total return of 5.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.34%.
News
TrueMark Investments Announces SPCZ and FLDZ ETFs Moving to Cboe BZX Exchange
CHICAGO , Dec. 16, 2022 /PRNewswire/ -- Today, TrueMark Investments ("TrueMark") announces plans to transfer the listings of the RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) and the RiverNorth Patri...
TrueMark Investments & RiverNorth Capital Management Launch First Actively Managed Pre-Merger SPAC ETF to Incorporate Leverage
CHICAGO--(BUSINESS WIRE)--RiverNorth Capital Management, LLC and TrueMark Investments today announced the launch of the RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ), trading on the NYSE. SPCZ is an ...