SPAX 20.28 Robinson Alternative Yield Pre-Merger SPAC ETF
| Range: | 19.95-21.95 | Vol Avg: | 5569 | Last Div: | 2.08 | Changes: | -0.05 |
| Beta: | 0.02 | Cap: | 0.01B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Thu Jun 24 2021 | Empoloyees: | |||
| CUSIP: | CIK: | 0001742912 | ISIN: | US8863646787 | Country: | US | |
The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, specifically units and shares of common stock and warrants, of U.S.-listed Special Purpose Acquisition Companies (“SPACs”). A SPAC is publicly traded and is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more other operating companies. The fund is non-diversified.
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