SPE Acts As An All-In-One Portfolio Strategy But May Not Be Optimal

  • SPE offers diversified exposure across CEFs, SPACs, equities, and BDCs, with an 8.5% yield and monthly distributions for income-focused investors. The fund's top holdings, GAM and STEW, are concentrated, value-focused equity funds. SPE holds substantial exposure to SPAC, adding significant risk and uncertainty to the portfolio.