The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
CMCI offers diversified exposure to the five commodity sectors through a broad portfolio of 29 commodities. The fund attempts diversification by evenly weighing each commodity based on economic significance and consumption data. To select specific commodities, the index blends liquidity and fundamental metrics. Liquidity is determined by consumption data, open interest, and market volume. The fundamentals draw from economic indicators such as CPI, PPI, and GDP. Instead of holding front-month contracts for each commodity, CMCI spreads the exposure across five separate maturities, targeting 3, 6, 12, 24, and 36 months for each commodity. Continuous exposure is maintained by rolling exposures daily, in an attempt to minimize the effects of contango. The fund gains up to 25% of its exposure through the use of a Cayman Islands Subsidiary, thus avoiding K-1 forms. The fund holds a large portion of its assets in fixed-income securities for margin requirements or as collateral.
What is VanEck CMCI Commodity Strategy stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Boats exchange VanEck CMCI Commodity Strategy stocks are traded under the ticker CMCI.BOATS.
Does VanEck CMCI Commodity Strategy pay dividends?▼
Yes, CMCI.BOATS dividends are paid annual. The last dividend per share was 2.37 . As of today, Dividend Yield (FWD)% is 0%.
In which sector is VanEck CMCI Commodity Strategy located?▼
VanEck CMCI Commodity Strategy operates in the Other sector.
When did VanEck CMCI Commodity Strategy complete a stock split?▼
VanEck CMCI Commodity Strategy has not had any recent stock splits.