SPCZ RiverNorth Enhanced Pre-Merger SPAC ETF
Issuer
TrueShares
Inception
Jul 11, 2022
AUM
$6.9M
Expense ratio
0.59%
Yield
11.82%
Asset class
Equity
Holdings
219
Last price
$26.06
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.
-9.3%
2025-11-13low 25.34 · high 28.862026-07-09
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| SPCZ | -0.0% | +1.1% | +2.0% | -6.6% | -0.7% | +0.8% |
| Equity average (4617 funds) | -2.1% | +2.7% | +87.8% | +61299.9% | +13.9% | +2.4% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.
No open-market insider buys in the holdings in the last 90 days.
Holdings · as of Oct 1, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | SPCZ STATE STREET INST U.S. GOVERNMENT MMKT ADMN CLASS | 2.77% |
| 2 | GRAF Graf Global Corp | 2.64% |
| 3 | SOCA Solarius Capital Acquisition Corp | 2.12% |
| 4 | BIXI Bitcoin Infrastructure Acquisition | 2.03% |
| 5 | AEAQ Activate Energy Acquisition Corp | 2.03% |
| 6 | SCII SC II Acquisition Corp | 2.02% |
| 7 | ZKP Lafayette Digital Acquisition | 2.02% |
| 8 | LEGO Legato Merger Corp IV | 2.01% |
| 9 | UAC United Acquisition Corp | 2.01% |
| 10 | SUMA SUMA Acquisition Corp | 2.00% |
| 11 | EVAC EQV Ventures Acquisition Corp | 2.00% |
| 12 | HCAC Hall Chadwick Acquisition Corp | 1.94% |
| 13 | IGAC Invest Green Acquisition Corp | 1.94% |
| 14 | FWAC Futurewave Acquisition Corp | 1.81% |
| 15 | MLAA Mountain Lake Acquisition Corp | 1.55% |
| 16 | GIX GigCapital9 Corp | 1.54% |
| 17 | BRRKU Bluerock Acquisition Corp II | 1.45% |
| 18 | OCLTU Oceanlight Acquisition Corp | 1.41% |
| 19 | VECA Vernal Capital Acquisition Corp | 1.40% |
| 20 | APUR Aperture AC | 1.40% |
| 21 | LOVIU Live Oak Acquisition Corp VI | 1.40% |
| 22 | WENC West Enclave Merger Corp | 1.40% |
| 23 | MYX Maywood Acquisition Corp 2 | 1.40% |
| 24 | BWIV Blue Water Acquisition Corp IV | 1.39% |
| 25 | MTAKU Market Technology Acquisition | 1.39% |
| 26 | TVIV Texas Ventures Acquisition IV | 1.39% |
| 27 | YICC Yorkville International Capital | 1.39% |
| 28 | AMACU AMR Resources Acquisition Corp | 1.39% |
| 29 | MRCO Mercator Acquisition Corp | 1.38% |
| 30 | CCCT Columbus Circle Capital Corp I | 1.38% |
| 31 | MIAC Meridian3 Industrials Acquisition | 1.38% |
| 32 | OSPR Osprey Acquisition Corp III | 1.37% |
| 33 | WLCO Wilco 63 Corp | 1.37% |
| 34 | XTER Karman Line Acquisition Corp | 1.37% |
| 35 | FXAC FortuneX Acquisition Corp | 1.35% |
| 36 | QLEP Quantum Leap Acquisition Corp | 1.35% |
| 37 | BRKH Burtech Acquisition Corp II | 1.34% |
| 38 | MCAH Mountain Crest Acquisition 6 Corp | 1.34% |
| 39 | BHAV BHAV Acquisition Corp | 1.34% |
| 40 | XCBE X3 Acquisition Corp Ltd | 1.34% |
| 41 | SPEG Silver Pegasus Acquisition Corp | 1.33% |
| 42 | QUMS Quantumsphere Acquisition Corp | 1.32% |
| 43 | LPBB Launch Two Acquisition Corp | 1.31% |
| 44 | MBVI M3-Brigade Acquisition VI Corp | 1.31% |
| 45 | ALDF Aldel Financial II Inc | 1.31% |
| 46 | KOYN CSLM Digital Asset Acquisition | 1.31% |
| 47 | RNGT Range Capital Acquisition Corp | 1.30% |
| 48 | GIW GigCapital8 Corp | 1.30% |
| 49 | APAC StoneBridge Acquisition II Corp | 1.30% |
| 50 | ALUB Alussa Energy Acquisition Corp | 1.29% |
| 51 | SAAQ Space Asset Acquisition Corp | 1.24% |
| 52 | ATLQ JAB Acquisition Corp I | 1.22% |
| 53 | CAES Cantor Equity Partners VII Inc | 1.14% |
| 54 | VACI Viking Acquisition Corp | 1.05% |
| 55 | AACPU Apogee Acquisition Corp | 1.01% |
| 56 | PLCI Pelican Acquisition II Corp | 0.97% |
| 57 | HCMA HCM III Acquisition Corp | 0.96% |
| 58 | NCO Southern Cross Acquisition I Corp | 0.90% |
| 59 | TLACU Three Lions Acquisition Corp | 0.88% |
| 60 | DSAC Daedalus Special Acquisition Corp | 0.68% |
| 61 | PLUN Plutonian Acquisition Corp II | 0.68% |
| 62 | CHAR Charlton Aria Acquisition Corp | 0.66% |
| 63 | JACS Jackson Acquisition Co II | 0.66% |
| 64 | BDCI BTC Development Corp | 0.65% |
| 65 | KFII K&F Growth Acquisition Corp II | 0.65% |
| 66 | GTERA Globa Terra Acquisition Corp | 0.57% |
| 67 | BCCQ Bleichroeder Acquisition Corp | 0.52% |
| 68 | RNAQU Rainier Acquisition Corp | 0.43% |
| 69 | EVOX Evolution Global Acquisition Corp | 0.41% |
| 70 | NTWO Newbury Street II Acquisition | 0.34% |
| 71 | FERA Fifth Era Acquisition Corp I | 0.34% |
| 72 | QSEA Quartzsea Acquisition Corp | 0.32% |
| 73 | GSHR Gesher Acquisition Corp II | 0.32% |
| 74 | COPL Copley Acquisition Corp | 0.32% |
| 75 | SDHI Siddhi Acquisition Corp | 0.32% |
| 76 | IPHXU Inflection Point Acquisition Cor[ | 0.28% |
| 77 | UCFI CN Healthy Food Tech Group Corp | 0.18% |
| 78 | RAC Rithm Acquisition Corp | 0.15% |
| 79 | BKHAR Black Hawk Acquisition Corp Rights | 0.10% |
| 80 | SVACW GENERAL FUSION GROUP LTD 9/30/2030 WNTS | 0.07% |
| 81 | SUMAR SUMA Acquisition Corp Rights | 0.05% |
| 82 | HCACR Hall Chadwick Acquisition Corp Rights | 0.05% |
| 83 | BIXIW Bitcoin Infrastructure Acq Warrants 12/1/2030 | 0.04% |
| 84 | APURR Aperture AC Rights | 0.04% |
| 85 | MCAHR Mountain Crest Acquisition 6 Corp Rights | 0.04% |
| 86 | SCIIR SC II Acquisition Corp Rights | 0.04% |
| 87 | GIWWR GigCapital8 Corp Rights | 0.04% |
| 88 | NTWOW Newbury Street II Acquisition 12/27/2029 | 0.03% |
| 89 | GIXXR GigCapital9 Corp | 0.03% |
| 90 | AEAQW Activate Energy Acquisition Warrants 1/26/2031 | 0.03% |
| 91 | IGACR Invest Green Acquisition Corp Rights | 0.03% |
| 92 | MBAVW Velos Acquisition I Corp 9/23/2030 WNTS | 0.03% |
| 93 | ONEN ONE Nuclear Energy Inc | 0.03% |
| 94 | ENRDW Einride AB 6/9/2031 WNTS | 0.03% |
| 95 | MYXXR Maywood Acquisition Corp 2 Rights | 0.03% |
| 96 | SPEGR Silver Pegasus Acquisition Corp Rights | 0.02% |
| 97 | MIACW Meridian3 Industrials Acquisition 6/4/2031 WNTS | 0.02% |
| 98 | BHAVR BHAV Acquisition Corp Rights | 0.02% |
| 99 | XRPNW Armada Acquisition Corp II 5/20/2030 | 0.02% |
| 100 | PLMKW PLUM ACQUISITION CORP IV 1/30/2030 | 0.02% |
| 101 | FWACR Futurewave Acquisition Corp Rights | 0.02% |
| 102 | MRCOW Mercator Acquisition Corp 7/9/2031 WNTS | 0.02% |
| 103 | AFJKR Aimei Health Technology Co Ltd Rights | 0.02% |
| 104 | SAAQW Space Asset Acquisition Corp 10/24/2030 | 0.02% |
| 105 | NOEMR CO2 Energy Transition Corp RTS | 0.02% |
| 106 | WLCOW Wilco 63 Corp 6/1/2031 WNTS | 0.02% |
| 107 | SOCAW Solarius Capital Acquisition 7/16/2030 | 0.02% |
| 108 | RNGTW Range Capital Acquisition Corp 9/16/2030 WNTS | 0.02% |
| 109 | HCMAW HCM III Acquisition Corp 7/31/2030 WNTS | 0.02% |
| 110 | TVIVW Texas Ventures Acquisition IV Warrants 6/17/2031 | 0.02% |
| 111 | BRKHW Burtech Acquisition Corp II Warrants7/14/2031 | 0.02% |
| 112 | XTERW Karman Line Acquisition Corp 8/18/2031 WNTS | 0.02% |
| 113 | MBVIW M3-Brigade Acquisition VI Corp 8/5/2030 WNTS | 0.02% |
| 114 | CCCTW Columbus Circle Capital Corp I Warrants 5/26/2031 | 0.02% |
| 115 | ATLQR JAB Acquisition Corp I RTS | 0.02% |
| 116 | RFAIR RF Acquisition Corp II Rights | 0.02% |
| 117 | YICCW Yorkville International Capital Warrants 7/16/2031 | 0.02% |
| 118 | ALDFW Aldel Financial II Inc 10/10/2029 | 0.02% |
| 119 | NCOOR Southern Cross Acquisition I Corp Rights | 0.02% |
| 120 | QETAR Quetta Acquisition Corp Rights | 0.02% |
| 121 | ATIIW Archimedes Tech SPAC Partners Warrant | 0.02% |
| 122 | MLAAW Mountain Lake Acquisition Corp 12/29/2030 | 0.02% |
| 123 | TMSWW Teamshares Inc 4/17/2030 Warrants | 0.02% |
| 124 | OSPRW Osprey Acquisition Corp III 8/21/2032 WNTS | 0.02% |
| 125 | UCFIW CN Healthy Food Tech Group Warrants | 0.02% |
| 126 | NOEMW CO2 Energy Transition Corp 8/17/2028 WNTS | 0.02% |
| 127 | XCBEW X3 Acquisition Corp Ltd 3/17/2032 | 0.01% |
| 128 | ALFUW Centurion Acquisition Corp 8/1/2029 | 0.01% |
| 129 | APACR StoneBridge Acquisition II Corp Rights | 0.01% |
| 130 | PLCIR Pelican Acquisition II Corp Rights | 0.01% |
| 131 | ZKPW Lafayette Digital Acquisition Warrants 2/3/2031 | 0.01% |
| 132 | KOYNW CSLM Digital Asset Acquisition 9/19/2030 WNTS | 0.01% |
| 133 | DSACW Daedalus Special Acquisition Warrants 9/17/2030 | 0.01% |
| 134 | NWCLW Newcleo PLC 9/22/2031 WNTS | 0.01% |
| 135 | FXACW FortuneX Acquisition Corp 5/26/2032 WNTS | 0.01% |
| 136 | EURKR Eureka Acquisition Corp Rights | 0.01% |
| 137 | BCCQW Bleichroeder Acquisition Corp Warrants 6/18/2031 | 0.01% |
| 138 | MYXXW Maywood Acquisition Corp 2 5/15/2032 Warrants | 0.01% |
| 139 | FSHPR Flag Ship Acquisition Corp Rights | 0.01% |
| 140 | FACT-WT FACT II ACQUISITION CORP 12/20/2029 | 0.01% |
| 141 | COLAR COLUMBUS ACQUISITION CORP | 0.01% |
| 142 | BAYAR Bayview Acquisition Corp Rights | 0.01% |
| 143 | QUMSR Quantumsphere Acquisition Corp Rights | 0.01% |
| 144 | GOW Gowell Energy Technology | 0.01% |
| 145 | CUBWW Lionheart Holdings 8/9/2029 | 0.01% |
| 146 | FERAR FIFTH ERA ACQUISITION CORP I | 0.01% |
| 147 | QSEAR QUARTZSEA ACQUISITION CORP | 0.01% |
| 148 | IBACR IB Acquisition Corp Rights | 0.01% |
| 149 | DTSQR DT Cloud Star Acquisition Corp Rights | 0.01% |
| 150 | MACIW Melar Acquisition Corp I 6/1/2031 | 0.01% |
| 151 | EGHAR EGH ACQUISITION CORP | 0.01% |
| 152 | DYNCW DYNAMIX CORP 10/25/2029 | 0.01% |
| 153 | CHARR Charlton Aria Acquisition Corp Rights | 0.01% |
| 154 | GPATW GP-Act III Acquisition Corp 12/31/2027 | 0.01% |
| 155 | KFIIR K&F Growth Acquisition Corp II RTS | 0.01% |
| 156 | EVOXW Evolution Global Acquisition 11/7/2030 WNTS | 0.01% |
| 157 | ALCYW ALCHEMY INVESTMENTS ACQUISITION 6/26/2028 | 0.01% |
| 158 | BDCIW BTC Development Corp 8/19/2030 WNTS | 0.01% |
| 159 | SIMAW SIM Acquisition Corp I 8/28/2029 | 0.01% |
| 160 | CRAQR CAL REDWOOD ACQUISITION CORP | 0.01% |
| 161 | ASPCR A SPAC III Acquisition Corp Rights | 0.01% |
| 162 | TACOW BERTO ACQUISITION CORP 4/28/2030 | 0.00% |
| 163 | KVACW Keen Vision Acquisition Corp 9/15/2028 | 0.00% |
| 164 | SZZLR Sizzle Acquisition Corp II | 0.00% |
| 165 | ATLQW JAB Acquisition Corp I 8/5/2031 WNTS | 0.00% |
| 166 | SVCCW Stellar V Capital Corp 3/24/2030 | 0.00% |
| 167 | LPAAW Launch One Acquisition Corp 8/29/2029 | 0.00% |
| 168 | SDHIR Siddhi Acquisition Corp Rights | 0.00% |
| 169 | NAMMW Namib Minerals 6/5/2030 | 0.00% |
| 170 | OYSER OYSTER ENTERPRISES II ACQUISIT | 0.00% |
| 171 | FWACW Futurewave Acquisition Corp Warrants 7/30/2031 | 0.00% |
| 172 | GTERR Globa Terra Acquisition Corp Rights | 0.00% |
| 173 | KCHVR Kochav Defense Acquisition Corp Rights | 0.00% |
| 174 | BRRWW SILVIA INC 12/31/2030 | 0.00% |
| 175 | NCOOW Southern Cross Acquisition I Corp Warrants 7/30/31 | 0.00% |
| 176 | TVACW Texas Ventures Acquisition III 5/15/2031 | 0.00% |
| 177 | CCAQW COLLECTIVE ACQUISITION CORP II 6/12/2030 | 0.00% |
| 178 | JACS-RI Jackson Acquisition Co II Rights | 0.00% |
| 179 | GTENW Gores Holdings X Inc 6/20/2031 Warrant | 0.00% |
| 180 | NPACW New Providence Acquisition Corp 4/24/2030 | 0.00% |
| 181 | TVAIR Thayer Ventures Acquisition Corp Rights | 0.00% |
| 182 | RDAGW REPUBLIC DIGITAL ACQUISITION CORP 3/5/2026 WARRANT | 0.00% |
| 183 | GIBOW GIBO Holdings Ltd Warrants 5/8/2030 | 0.00% |
| 184 | CHPGR CHAMPIONSGATE ACQUISITION CORP | 0.00% |
| 185 | DAAQW DIGITAL ASSET ACQUISITION CORP 3/17/2030 | 0.00% |
| 186 | HSPOR HORIZON SPACE ACQUISITION I CO RIGHTS | 0.00% |
| 187 | PCAPW ProCap Acquisition Corp 5/13/2030 Warrants | 0.00% |
| 188 | HSPOW HORIZON SPACE ACQUISITION I CO 1/26/2028 | 0.00% |
| 189 | SLAMW Slam Corp 2/23/2026 | 0.00% |
| 190 | PUCKW Goal Acquisitions Corp 2/11/2026 | 0.00% |
Sector breakdown
Not on file.
Country breakdown
Not on file.
Distributions
| Date | Per unit |
|---|---|
| Dec 24, 2025 | $3.0810 |
| Dec 27, 2024 | $1.1010 |
| Dec 27, 2023 | $1.2878 |
| Dec 29, 2022 | $0.0557 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in SPCZ in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error