Symbols

SPAQ

·NASDAQ

--(--)

Key Stats

Assets Under Management

9.85MUSD

Fund Flows (1Y)

-6.20MUSD

Dividend Yield

16.46%

Discount/Premium to NAV

0.05%

Shares Outstanding

107.50K

Expense Ratio

0.85%

About Horizon Kinetics SPAC Active ETF

Issuer

Horizon Kinetics

Brand

Horizon Kinetics

Home Page

https://horizonkinetics.com/products/etf/spaq/

Inception Date

Jan 27, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Horizon Kinetics Asset Management LLC

Distributor

Foreside Fund Services LLC

SPAQ aims for realized capital gains over short-term interest rates on a risk-adjusted basis by investing in SPACs and the warrants or rights related to its IPO. To achieve the fund's objective, investments are made with SPACs that are perceived to be offering upside potential when sold after an attractive combination announcement, coupled with redemption options, which are SPACs with an exit permit without investment penalties. The resulting portfolio provides an asymmetric risk and reward profile for investors and may include companies of any capitalization. During temporary periods, the fund may invest up to 100% of its assets in US short-term debt securities and money market instruments. The fund is actively managed.

Classification

Asset Class

Equity

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	-14.04%	-11.28%	-6.59%	-6.50%	-2.90%	-2.90%
NAV Total Return	-0.03%	+1.82%	+8.92%	+9.10%	+0.16%	+0.16%

No data is currently available

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