Key stats
About Horizon Kinetics SPAC Active ETF
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Inception date
Jan 30, 2023
Structure
Open-Ended Fund
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 funds 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
What's in the fund
Exposure type
Finance
UNIT
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.