Key stats
About Neuberger Berman Commodity Strategy ETF
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Inception date
Oct 24, 2022
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
Neuberger Berman Investment Advisers LLC
Distributor
Neuberger Berman BD LLC (Investment Management)
NBCM provides total return by investing in commodities using an active risk-weighted approach to mitigate market volatility. The fund gains long and short exposure to various commodities, such as oil, natural gas, agricultural products, or metals, by investing in futures contracts and other commodity-linked derivative instruments. The fund manager uses quantitative investment models and fundamental analyses with an emphasis on risk management to identify short-term and long-term investment opportunities and to determine portfolio weighting. The fund may also hold a short-duration portfolio of investment grade fixed-income securities to provide liquidity, preserve capital, and serve as necessary collateral. NBCM obtains its exposure by utilizing a Cayman Islands subsidiary, thus avoiding issuing a K-1 form to investors. On October 25, 2022, NBCM converted from a mutual fund to an actively managed ETF structure, starting with $196 million in net assets.
Classification
What's in the fund
Exposure type
Corporate
Securitized
Mutual fund
Bonds, Cash & Other100.00%
Corporate61.33%
Securitized18.06%
Mutual fund16.10%
Cash4.50%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NBCM trades at 21.58 USD today, its price has fallen −0.71% in the past 24 hours. Track more dynamics on NBCM price chart.
NBCM net asset value is 21.56 today — it's risen 0.35% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NBCM assets under management is 215.71 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NBCM price has risen by 0.16% over the last month, and its yearly performance shows a −4.91% decrease. See more dynamics on NBCM price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.98% decrease in three-month performance and has decreased by −0.69% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.98% decrease in three-month performance and has decreased by −0.69% in a year.
NBCM fund flows account for −44.67 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NBCM invests in bonds. See more details in our Analysis section.
NBCM expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NBCM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NBCM technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NBCM shows the sell signal. See more of NBCM technicals for a more comprehensive analysis.
Today, NBCM technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NBCM shows the sell signal. See more of NBCM technicals for a more comprehensive analysis.
Yes, NBCM pays dividends to its holders with the dividend yield of 5.06%.
NBCM trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NBCM shares are issued by NBSH Acquisition LLC
NBCM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 24, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.