Key stats
About DoubleLine Commodity Strategy ETF
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Inception date
Jan 31, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Doubleline ETF Adviser LP
Distributor
Foreside Fund Services LLC
ISIN
US25861R5019
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%
Government92.82%
Cash7.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DCMT assets under management is 21.93 M USD. It's risen 2.66% over the last month.
DCMT fund flows account for 3.01 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DCMT pays dividends to its holders with the dividend yield of 1.48%. The last dividend (Dec 30, 2024) amounted to 0.41 USD. The dividends are paid monthly.
DCMT shares are issued by Doubleline ETF Holdings LP under the brand DoubleLine. The ETF was launched on Jan 31, 2024, and its management style is Active.
DCMT expense ratio is 0.66% meaning you'd have to pay 0.66% of your investment to help manage the fund.
DCMT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DCMT invests in bonds.
DCMT price has risen by 1.26% over the last month, and its yearly performance shows a 7.51% increase. See more dynamics on DCMT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.23% over the last month, showed a 5.23% increase in three-month performance and has increased by 6.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.23% over the last month, showed a 5.23% increase in three-month performance and has increased by 6.56% in a year.
DCMT trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.