SPCZRiverNorth Enhanced Pre-Merger SPAC ETF
SPCZ Fund Description
SPCZ is an actively managed fund that holds US-listed, small- and mid-cap pre-combination SPAC securities.
SPCZ Factset Analytics Insight
SPCZ actively invests in equities and warrants of US-listed pre-combination SPACs, which are those seeking or have not yet completed a combination with a target. The fund advisers combine quantitative and qualitative analysis, with fundamental and technical analysis to assess the relative risk/reward potential of its investment universe, and to select those SPACs with the greatest potential returns. Sponsors of these SPACs are also closely evaluated based on the team’s strategy, experience, deal flow, and demonstrated track record in building enterprise value. History of a company's growing operating business is also considered. Moreover, the advisers will evaluate a SPAC’s market value relative to the value of the fund’s share of the SPAC to realize additional value. In managing the fund, the sub-adviser monitors the portfolio and adjusts positions based on expected returns or availability of better alternatives.
SPCZ Summary Data
SPCZ Portfolio Data
SPCZ Index Data
SPCZ Portfolio Management
SPCZ Tax Exposures
SPCZ Fund Structure
SPCZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPCZ. SPCZ is rated a N/A out of 5.
SPCZ Performance Statistics
SPCZ Benchmark Comparison Summary
SPCZ Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.