Teucrium Soybean Fund ETVTeucrium Soybean Fund ETVTeucrium Soybean Fund ETV

Teucrium Soybean Fund ETV

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Key stats


Assets under management (AUM)
‪27.41 M‬USD
Fund flows (1Y)
‪6.47 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV

About Teucrium Soybean Fund ETV


Issuer
Teucrium Trading LLC
Brand
Teucrium
Expense ratio
2.73%
Home page
Inception date
Sep 19, 2011
Index tracked
Teucrium Soybean Fund Benchmark
Management style
Passive
SOYB is the first ETF option for pure exposure to soybeans. The fund allocates exposure to three soybean futures contracts: holding 35% exposure to the second month to expire, 30% to the third month, and 35% to the November contracts. The fund avoids August and September contracts. This laddered strategy sets SOYB apart from its front-month benchmark, as it can work in its favor should soybeans fall into steep contango. Structured as a commodities pool, SOYB distributes K-1 forms and is marked-to-market yearly. Short-term traders can benefit from 60% of all gains being taxed as long term, regardless of holding period. But on the flip side, long-term holders may find the tax consequences troublesome since there's no beneficial tax rate for holding over one year.

Classification


Asset Class
Commodities
Category
Agriculture
Focus
Soybeans
Niche
Laddered
Strategy
Laddered
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of June 6, 2018
Exposure type
Bonds, Cash & Other
Futures
Cash
Corporate
Bonds, Cash & Other100.00%
Futures66.85%
Cash18.05%
Corporate15.10%
Mutual fund0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows