iMGP DBi Managed Futures Strategy ETF (DBMF)

NYSEARCA: DBMF · IEX Real-Time Price · USD
-0.07 (-0.26%)
Jun 8, 2023, 4:00 PM EDT - Market closed
Assets $684.17M
Expense Ratio 0.85%
PE Ratio 24.50
Shares Out 25.58M
Dividend (ttm) $2.25
Dividend Yield 8.41%
Ex-Dividend Date Dec 28, 2022
Payout Ratio 205.61%
1-Year Return -17.01%
Volume 165,132
Open 26.66
Previous Close 26.79
Day's Range 26.63 - 26.78
52-Week Low 25.63
52-Week High 35.14
Beta -0.14
Holdings 15
Inception Date May 8, 2019

About DBMF

Fund Home Page

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.

Asset Class Alternatives
Category Systematic Trend
Region North America
Stock Exchange NYSEARCA
Ticker Symbol DBMF
Issuer iM
Index Tracked Goldman Sachs Hedge Fund VIP

Top 10 Holdings

251.61% of assets
Name Symbol Weight
Cash Offsets For Shorts & Derivatives n/a 172.41%
United States Treasury Bills B 0 09.07.23 84.50%
MSCI EAFE NTR (USD) - Stnd Index Future June23 n/a 22.22%
Gold 100 oz June23 n/a 11.80%
Euro Fx Curr Fut Jun23 n/a 10.63%
Wti Crudefuture Jun23 n/a -3.61%
S+p500 Emini Fut Jun23 n/a -6.66%
Msci Emgmkt Jun23 n/a -8.01%
Jpn Yen Curr Fut Jun23 n/a -15.19%
Us 10yr Ultra Fut Jun23 n/a -16.47%
View More Holdings


Ex-Dividend Amount Pay Date
Dec 28, 2022 $2.2474 Dec 30, 2022
Dec 30, 2021 $2.6772 Jan 3, 2022
Dec 29, 2020 $0.202 Dec 31, 2020
Mar 27, 2020 $0.01736 Mar 31, 2020
Dec 27, 2019 $2.290 Dec 31, 2019
Sep 27, 2019 $0.04661 Oct 1, 2019
Full Dividend History


Is Your Portfolio Positioned for Economic Weakening?

The World Bank raised real GDP estimates for the U.S. in 2023 while slashing them in 2024 in its latest report. Likewise, global economic growth forecasts reflect weakening next year.

2 days ago - ETF Trends

As Gold Shines in 2023, DBMF Captures Changing Trend

It's been a relatively good year for gold prices after months of falling prices in the latter half of 2022. Investors continue to buy into gold during peak market stresses, a trend that the iMGP DBi M...

Other symbols: GLD
6 days ago - ETF Trends

Managed Futures ETF DBMF Finds Footing in May

Aside from Nvidia's monumental gains in recent days, markets remain tense and relatively flat as investors await a debt ceiling resolution. Continued volatility from various market stressors creates o...

1 week ago - ETF Trends

Capture Second Half Trends With Managed Futures

Debt ceiling turmoil is likely to draw to a close soon, leaving investors to focus on second-half positioning and trends. For those looking to increase non-correlated returns amidst second-half econom...

1 week ago - ETF Trends

As Market Tension Persists, Consider Managed Futures

The S&P 500 and Nasdaq both closed down 1% in trading Tuesday as debt ceiling talks continued. For investors looking for price opportunity and trend capture as the economy slows, look to the iMGP DBi ...

2 weeks ago - ETF Trends

DBMF Offers “Index-Plus” Performance in ETF Wrapper

It's been a rocky year for managed futures performance after strong outperformance in 2022. Despite temporary setbacks in changing trends, the strategy still offers a number of potential benefits to p...

2 weeks ago - ETF Trends

A Historical Look at Managed Futures Returns and Performance

This year remains a challenging year for most asset classes and strategies, managed futures included. The strategy is a compelling one, however, when looking back at long-term historical performance, ...

2 weeks ago - ETF Trends

Under the Hood of DBMF: April Performance

Managed futures strategies continue to tease out emerging trends in the wake of bank failures and ahead of recession. The iMGP DBi Managed Futures Strategy ETF (DBMF) exhibited strong performance last...

3 weeks ago - ETF Trends

Managed Futures ETF DBMF Maintains Low Correlations

As earnings season continues, equities remain largely afloat but as recession risk looms on the horizon, a number of asset classes face a challenging second half. For advisors and investors looking fo...

1 month ago - ETF Trends

Bank Contagion Fears Flare: Ride Volatility With DBMF

On the heels of another Fed rate hike, regional bank shares have plummeted as more regional banks flash warning signals.

1 month ago - ETF Trends

Mind the Gap: Equity Dispersion Remains Pronounced

A surprise to the upside for many mega-cap stocks this earnings season, including Amazon, Meta, Alphabet, and more, resulted in major equity indexes rallying Thursday, with the Dow Jones Industrial Av...

1 month ago - ETF Trends

A Guide to DBMF's Positioning in the Wake of the Bank Crisis

The failure of Silicon Valley Bank and Signature Bank in March brought about an abrupt crash to the inflation trade that had offered strong returns during the last year for managed futures strategies.

1 month ago - ETF Trends

Ride Out Bank Sector Aftershocks With Managed Futures

Bank stress caused by the Fed's aggressive interest-rate-hiking regime, alongside the collapse of two regional banks, continues to spread tension throughout the banking sector.

1 month ago - ETF Trends

Transportation Flashes Recession Warning: Diversify With DBMF

Stocks for the transportation industry, as well as small-caps, have fallen behind the broad market as investors position for recession this year.

1 month ago - ETF Trends

3 Questions Investors Are Currently Asking About Managed Futures

After a stellar year of outperformance in 2022, managed futures strategies have faced a number of challenges this year, including the abrupt reversal of the inflation trade in March on the heels of ba...

1 month ago - ETF Trends

Andrew Beer Discusses the Collapse of the Inflation Trade and DBMF

March brought about a drastic shift in markets on the backs of the collapse of two U.S. regional banks, creating a ripple effect that reverberated through markets and caught many managed futures strat...

1 month ago - ETF Trends

IMF Forecasts a Long Season of Global Economic Risk

Those that were hoping for a rapid return to normalcy heading into this year are in for disappointment according to the International Monetary Fund, which is currently forecasting persistent elevated ...

2 months ago - ETF Trends

Markets Drop on JOLTS Report: Invest for Volatility With DBMF

Markets may be finally shaking the year-long trend of bad economic news is good news for markets with the release of February's JOLTS report on Tuesday that revealed job openings dropping at a more ra...

2 months ago - ETF Trends

Amid Banking System Worries, Keep Volatility in Check With DBMF

Volatility has seen a recent spike thanks to a shaky banking system, as highlighted by recent collapses of names like Credit Suisse and First Republic bank. While help is on the way, the recent develo...

2 months ago - ETF Trends

Compare the Cost of Managed Futures ETFs to Funds

Looking to get into the world of managed futures ETFs? Advisors may well be intrigued by a strategy that combines can take long and short positions across asset classes in such a volatile market.

2 months ago - ETF Trends

Andrew Beer: This Is the Time to Buy Managed Futures

March has been a rollercoaster month for markets. The collapse of two regional banks mid-month sent shockwaves throughout the bond market that reverberated globally as investors fled to Treasuries, dr...

2 months ago - ETF Trends

Recession Risks: Consumer Confidence and the “Wealth Effect”

The Federal Reserve raised interest rates another quarter point this month, though signaled that an end could be in sight as they keep an eye on banking sector turmoil.

2 months ago - ETF Trends

Banks Take a Breather: Consider Managed Futures in Uncertainty

Markets closed for the day on the reassurance that big banks were stepping in to provide relief for troubled regional bank First Republic, quelling immediate concerns of bank contagion.

3 months ago - ETF Trends

A Look at Managed Futures and DBMF Performance in February

Markets came into the beginning of the year priced for perfection that the U.S. would avoid a major recession, Fed rate hikes would conclude soon, and inflation would fall rapidly back near its 2% tar...

3 months ago - ETF Trends

The Favorable Environment for Macro Strategies Could Last Years

Macro trading strategies utilized for decades by hedge funds have swung back into favor in the last year and look to be here to stay, given the change in central bank policies that are likely to creat...

3 months ago - ETF Trends