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Dividend Vision

SPCZ — RiverNorth Enhanced Pre-Merger SPAC ETF

Renamed. The figures below are frozen at this symbol's final trading day. Now trading as RNMN.

RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ)

SPCZ focuses on pre-merger Special Purpose Acquisition Companies (SPACs) and related opportunities, providing exposure to a specialized equity strategy with annual distributions. The fund carries a 0.59% expense ratio and maintains a relatively modest asset base of approximately $7.1 million. This ETF appeals to investors seeking non-traditional equity opportunities and those interested in the SPAC market structure, though the strategy carries distinctive risks associated with pre-merger investments and blank-check companies.

SPCZ key facts

Issuer
RiverNorth
Asset type
ETF
Asset class
Equity
Inception date
07/11/2022
Expense ratio
0.59%
Distribution frequency
Annual
Last close
$26.07
Average volume
2077.0
Beta
0.02
P/E ratio
35.8905