TTTeucrium Soybean Fund ETV
21.47USDR
−0.15−0.69%
Last update at 19:57 GMT
USD
No tradesPost-market
Key stats
About Teucrium Soybean Fund ETV
Home page
Inception date
Sep 19, 2011
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Capitalizes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Teucrium Trading LLC
Distributor
Foreside Fund Services LLC
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
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%
Futures66.85%
Cash18.05%
Corporate15.10%
Mutual fund0.00%
Top 10 holdings
Symbol
Assets
F
FUTURES
66.85%
U
U.S. Dollar
18.05%
C
Canadian Natural Resources Limited 0.0% 25-JUN-2018
15.10%
F
Fidelity Institutional Cash Portfolios Fund Money Market Government Fund I
0.00%
Top 10 weight100.00%
4 total holdings
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SOYB assets under management is 25.65 M USD. It's risen 3.60% over the last month.
SOYB fund flows account for −1.05 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.
No, SOYB doesn't pay dividends to its holders.
SOYB shares are issued by Teucrium Trading LLC under the brand Teucrium. The ETF was launched on Sep 19, 2011, and its management style is Passive.
SOYB expense ratio is 2.73% meaning you'd have to pay 2.73% of your investment to help manage the fund.
SOYB follows the Teucrium Soybean Fund Benchmark. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SOYB invests in cash.
SOYB price has fallen by −1.29% over the last month, and its yearly performance shows a −15.64% decrease. See more dynamics on SOYB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.37% increase in three-month performance and has decreased by −15.00% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.37% increase in three-month performance and has decreased by −15.00% in a year.
SOYB trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.