Key stats
About CrossingBridge Pre-Merger SPAC ETF
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Inception date
Sep 21, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
CrossingBridge Advisors LLC
Distributor
Foreside Fund Services LLC
SPC actively invests in SPACs that havent completed a shareholder-approved merger or business combination. While focused on US-listed SPACs, the fund could invest in foreign SPACs, including Canada, the Cayman Islands, Bermuda, and the Virgin Islands. SPACs should be trading at or below the SPACs pro rata trust account value to be selected and will be disposed after the merger or business combination. The adviser uses quantitative and qualitative analyses in making investments. The quantitative analysis focuses on the current market price relative to a SPACs underlying pro-rata trust account value and the yield to expected liquidation or redemption date. The qualitative analysis may include factors such as a sponsors background and experience, target industry, and terms of transaction. SPC may also invest in securities offered in a SPAC IPO and may receive additional securities that may include founder shares and warrants that could have restrictions on resale.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
UNIT
Stocks74.71%
Finance74.71%
Bonds, Cash & Other25.29%
UNIT22.84%
Mutual fund1.84%
Rights & Warrants0.59%
Cash0.02%
Stock breakdown by region
North America84.02%
Asia14.13%
Europe1.86%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPC last dividends amounted to 0.78 USD. The year before, the issuer paid 0.11 USD in dividends, which shows a 86.14% increase.
SPC assets under management is 31.95 M USD. It's risen 3.20% over the last month.
SPC fund flows account for −36.07 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPC pays dividends to its holders with the dividend yield of 3.64%. The last dividend (Dec 27, 2024) amounted to 1.12 USD. The dividends are paid annually.
SPC shares are issued by Cohanzick Management LLC under the brand CrossingBridge Funds. The ETF was launched on Sep 21, 2021, and its management style is Active.
SPC expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
SPC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPC invests in stocks.
SPC price has risen by 1.48% over the last month, and its yearly performance shows a −1.35% decrease. See more dynamics on SPC price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.86% increase in three-month performance and has increased by 5.04% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.86% increase in three-month performance and has increased by 5.04% in a year.