Key stats
About Teucrium Wheat Fund ETV
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Inception date
Sep 19, 2011
Structure
Commodities Pool
Dividend treatment
Capitalizes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Teucrium Trading LLC
Distributor
Foreside Fund Services LLC
WEAT avoids the front-month contract in its aim to provide exposure to wheat futures. Instead it holds the 2nd to expiration, 3rd to expiration and the subsequent December contracts to mitigate the impact of contango, weighting the contracts 35%, 30% and 35%, respectively. This approach should have some success in contango mitigation but may lag front month at times. The fund's structure means a K-1 at tax time and a blended tax rate.
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
Futures
Cash
Corporate
Bonds, Cash & Other100.00%
Futures45.73%
Cash43.84%
Corporate10.43%
Mutual fund0.00%
Top 10 holdings
Dividends
Dividend payout history