Key stats
About USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
Home page
Inception date
May 3, 2018
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
USCF Advisers LLC
Distributor
ALPS Distributors, Inc.
SDCI is functionally an index-tracking fund despite its active management label. It wants to follow the same benchmark as its sibling fund USCI. From a selection universe of more than twenty commodities, the index chooses seven with the highest degree of backwardation (or lowest contango) and seven more that have shown the greatest 12-month price momentum, with the caveat that the portfolio must have one representation from the following groups: petroleum, grains, industrial metals, and precious metals. For each commodity, the index selects the contract with the greatest backwardation in an attempt to mitigate roll costs. The 14 contracts are equally weighted, with monthly reconstitution and rebalancing. The fund is organized as an open-ended ETF, so does not issue a K-1 at tax time. To avoid regulation as a commodity pool, the fund gets its futures exposure through a Cayman Islands subsidiary, a common workaround in the commodity ETF space.
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
Cash
Futures
Bonds, Cash & Other100.00%
Cash74.22%
Futures18.45%
Government7.32%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SDCI last dividends amounted to 1.15 USD. The quarter before, the issuer paid 0.21 USD in dividends, which shows a 81.57% increase.
SDCI assets under management is 191.73 M USD. It's risen 67.86% over the last month.
SDCI fund flows account for 160.76 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, SDCI pays dividends to its holders with the dividend yield of 5.26%. The last dividend (Dec 31, 2024) amounted to 1.15 USD. The dividends are paid quarterly.
SDCI shares are issued by The Marygold Cos, Inc. under the brand USCF Advisers. The ETF was launched on May 3, 2018, and its management style is Active.
SDCI expense ratio is 0.64% meaning you'd have to pay 0.64% of your investment to help manage the fund.
SDCI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SDCI invests in cash.
SDCI price has fallen by −0.64% over the last month, and its yearly performance shows a 13.13% increase. See more dynamics on SDCI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.49% over the last month, have fallen by −2.49% over the last month, showed a 8.07% increase in three-month performance and has increased by 18.48% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.49% over the last month, have fallen by −2.49% over the last month, showed a 8.07% increase in three-month performance and has increased by 18.48% in a year.
SDCI trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.