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About VanEck Commodity Strategy ETF
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Inception date
Dec 20, 2022
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
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
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
Government
Bonds, Cash & Other100.00%
Government90.21%
Cash9.79%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PIT last dividends amounted to 1.70 USD. The year before, the issuer paid 2.96 USD in dividends, which shows a 74.02% decrease.
PIT assets under management is 34.74 M USD. It's risen 20.97% over the last month.
PIT fund flows account for 9.66 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, PIT pays dividends to its holders with the dividend yield of 3.40%. The last dividend (Dec 24, 2024) amounted to 1.70 USD. The dividends are paid annually.
PIT shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Dec 20, 2022, and its management style is Active.
PIT expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
PIT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PIT invests in bonds.
PIT price has risen by 4.04% over the last month, and its yearly performance shows a 4.73% increase. See more dynamics on PIT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.23% over the last month, showed a 2.27% increase in three-month performance and has increased by 5.98% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.23% over the last month, showed a 2.27% increase in three-month performance and has increased by 5.98% in a year.
PIT trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.