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About VanEck Commodity Strategy ETF
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Inception date
Dec 20, 2022
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Van Eck Absolute Return Advisers Corp.
Distributor
Van Eck Securities Corp.
PIT actively invests in commodity securities to provide exposure to five different sectors: energy, precious metals, industrial metals, agriculture, and livestock. The fund considers various inputs to guide asset allocation decisions and select commodity instruments that the adviser believes will offer enhanced risk-adjusted returns. This does not mean that the fund will employ a low-risk strategy, but rather, it will seek to maximize risk-adjusted returns through an optimization process that incorporates observed risks of each commodity instrument. With this, the fund adviser determines which commodity securities the funds assets should be allocated to and their appropriate portfolio weights. PIT also obtains its exposure by utilizing a Cayman Islands subsidiary, thus avoiding issuing a K-1 form to investors.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government91.21%
Cash8.79%
Displays a symbol's price movements over previous years to identify recurring trends.