RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) Dividend Yield, History & Forecast

RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. It pays a current dividend yield of 11.82% ($3.08 per share annually (TTM)). The most recent ex-dividend date was December 24, 2025, with payment scheduled for December 26, 2025. market capitalization is approximately $5M.

SPCZ fund composition

SPCZ holds 193 positions, with 20.7% of assets in its ten largest. It charges an expense ratio of 0.59%, and manages $7.2M.

Top 10 holdings

HoldingWeight
GRAFGraf Global Corp2.62%
SOCASolarius Capital Acquisition Corp2.11%
AEAQActivate Energy Acquisition Corp2.02%
BIXIBitcoin Infrastructure Acquisition2.02%
LEGOLegato Merger Corp IV2.01%
ZKPLafayette Digital Acquisition2.01%
UACUnited Acquisition Corp2.00%
SCIISC II Acquisition Corp2.00%
SUMASUMA Acquisition Corp2.00%
HCACHall Chadwick Acquisition Corp1.93%

Sector allocation

Financial Services75.5%Cash & Others24.1%Technology0.4%Basic Materials0.0%

Frequently Asked Questions about RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ)

What is RiverNorth Enhanced Pre-Merger SPAC ETF's dividend yield?
RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) pays a current trailing twelve-month dividend yield of 11.82%, which works out to $3.08 per share annually based on the most recent payout schedule.
When does RiverNorth Enhanced Pre-Merger SPAC ETF pay distributions?
The most recent ex-dividend date was December 24, 2025. The next scheduled dividend payment date is December 26, 2025.
How many years has RiverNorth Enhanced Pre-Merger SPAC ETF increased its dividend?
RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) has increased its dividend for 1 consecutive year.
What does RiverNorth Enhanced Pre-Merger SPAC ETF invest in?
Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S.-listed special purpose acquisition companies (“SPACs”). In seeking to achieve the fund’s investment objective, the sub-adviser will monitor the fund’s portfolio and adjust positions based on changes in expectations of the investments or the availability of better alternatives. At least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Pre-Merger SPACs. The fund is non-diversified.