CrossingBridge Ultra-Short Duration ETF
CUSD
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- David K. Sherman
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 251 Little Falls Drive Wilmington DE United States of America 19808
- IPO Date
- Jun 8, 2023
- CIK
- 0001886087
- Website
- crossingbridgefunds.com
- Similar Companies
- Business
- Trust for Professional Managers CrossingBridge Pre-Merger SPAC ETF (CUSD) is an exchange-traded fund that primarily invests in securities of special purpose acquisition companies (SPACs) targeting pre-merger opportunities across various industries. The fund offers exposure to a diversified portfolio of SPACs prior to their business combinations, focusing on units, common stock, and warrants; it employs active management strategies to select holdings based on valuation, sponsor quality, and merger potential, while maintaining liquidity through listed securities on major U.S. exchanges. CUSD provides investors with targeted access to the SPAC market segment, emphasizing risk-adjusted returns in the pre-de-SPAC phase, and is available to retail and institutional investors through standard brokerage platforms. Launched under Trust for Professional Managers, the fund is managed by CrossingBridge Advisors, LLC, with operations headquartered in New York, NY, and has been active since its inception in 2021. Geographically, it operates within U.S. capital markets, holding primarily NYSE and Nasdaq-listed SPAC securities with global target acquisition footprints in sectors like technology, healthcare, and consumer goods. No major acquisitions, funding rounds, or strategic shifts have been publicly reported for the fund or its manager in the last 1-2 years; it continues steady operations amid evolving SEC regulations on SPACs, with recent portfolio adjustments reflecting market conditions in low-interest-rate environments persisting into 2026.