Key stats
About DoubleLine ETF Trust DoubleLine Commodity Strategy ETF
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Inception date
Jan 31, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
No distributions
DCMT offers broad exposure to commodities, encompassing industrial and precious metals, energy, agricultural, and livestock. The fund obtains exposure through commodity derivatives via subsidiaries outside the US, thereby avoiding K-1 tax forms. These contracts are linked to a multi-strategy index that favors commodities exhibiting backwardation. The fund employs carry, seasonality, and momentum factors to identify the most attractive contracts. Specifically, it aims to select futures with the best carry trade for the next month. Swap selection is based on the counterparties' cost, reliability, operational compatibility, and creditworthiness. Investments may include debts for additional total return. The fund uses leverage to amplify commodity exposure, matching its total asset value. DCMT may shift from the Barclays index to different strategies, such as exploring alternative commodities exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government95.73%
Cash4.27%
Top 10 holdings
Dividends
Dividend payout history