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. Review SPCZ dividend history on this scorecard, compare peers in the Compare Dividend Returns tool, or project income with the dividend calculator.

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 Corp2.63%
SOCASolarius Capital Acquisition Corp2.11%
BIXIBitcoin Infrastructure Acquisition2.03%
AEAQActivate Energy Acquisition Corp2.02%
ZKPLafayette Digital Acquisition2.01%
SCIISC II Acquisition Corp2.01%
LEGOLegato Merger Corp IV2.00%
SUMASUMA Acquisition Corp2.00%
UACUnited 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.