The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Companies ("SPACs") that have a minimum capitalization of $100 million and companies that completed an initial public offering ("IPO") within the last two years. The fund may also invest in depositary receipts or appropriate ETFs for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.
Frequently asked questions
What is Collaborative Investment Series Trust - The SPAC and New Issue ETF (SPCK) current stock price?
As of the latest data, Collaborative Investment Series Trust - The SPAC and New Issue ETF stock price is $21.53, with a previous close of $21.41. Collaborative Investment Series Trust - The SPAC and New Issue ETF gained $0.12 in the last trading session, representing a 0.57% increase.
Does Collaborative Investment Series Trust - The SPAC and New Issue ETF (SPCK) pay dividends?
Yes. Collaborative Investment Series Trust - The SPAC and New Issue ETF pays annual dividends with an annualized yield of 2.26% and an estimated annual payout of $0.49 per share.
