Robinson Alternative Yld Pr-Mrgr SPACETF (SPAX)
20.23
+0.28
(+1.39%)
USD |
NYSEARCA |
May 02, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.75% | -0.42% | 14.22M | 3593.50 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
6.74% | 76.00% | -13.27M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide total return while minimizing downside risk. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Category Name | Event Driven |
Category Index | Morningstar Mod Con Tgt Risk TR USD |
Global Category Name | Alternative Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | Robinson Capital |
Prospectus Benchmark Index | |
Bloomberg US Govt/Credit 1-3 Yr TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Manager Tenure | |
Charles Ragauss | 2.78 yrs |
James Robinson | 2.78 yrs |
Michael Venuto | 2.78 yrs |
Performance Versus Category
As of May 02, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 02, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide total return while minimizing downside risk. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Category Name | Event Driven |
Category Index | Morningstar Mod Con Tgt Risk TR USD |
Global Category Name | Alternative Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | Robinson Capital |
Prospectus Benchmark Index | |
Bloomberg US Govt/Credit 1-3 Yr TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Manager Tenure | |
Charles Ragauss | 2.78 yrs |
James Robinson | 2.78 yrs |
Michael Venuto | 2.78 yrs |