VanEck CM Commodity Index Fund Class Y (CMCYX)
| Fund Assets | 551.72M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 2.40 |
| Dividend Yield | 3.41% |
| Dividend Growth | -3.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 70.43 |
| YTD Return | 3.68% |
| 1-Year Return | 3.58% |
| 5-Year Return | 92.53% |
| 52-Week Low | 65.39 |
| 52-Week High | 72.91 |
| Beta (5Y) | 0.38 |
| Holdings | 15 |
| Inception Date | Dec 31, 2010 |
About CMCYX
The VanEck CM Commodity Index Fund Class Y is a passively managed mutual fund designed to track the performance of the UBS Constant Maturity Commodity Total Return Index. Its primary objective is to provide broad-based exposure to the global commodities market by investing in a diversified portfolio of commodity-linked derivative instruments and conservative fixed-income securities, such as U.S. Treasury Bills. The index methodology emphasizes diversification across both various commodities and futures contract maturities, aiming to reduce exposure to the front end of futures curves and thereby mitigate risks like negative roll yield often encountered in contango markets. This fund offers exposure to 29 commodities spanning five distinct sectors, including agricultural products, energy, metals, and more, making it a comprehensive tool for those seeking to gain access to the performance of the commodities market as a whole. With a relatively low net expense ratio and institutional share class structure, it appeals to cost-conscious investors and institutional clients alike. Its role in the financial market is to serve as a diversified commodity investment vehicle, potentially offering portfolio diversification and an alternative source of returns distinct from equities and fixed income.
Performance
CMCYX had a total return of 3.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.15%.
Top 10 Holdings
80.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Cayman Commodity Index Fund Mutual Fund | n/a | 22.38% |
| United States Treasury Bills 4.23% | B.0 06.05.25 | 7.24% |
| United States Treasury Bills 4.145% | B.0 06.20.25 | 7.23% |
| United States Treasury Bills 4.16% | B.0 06.26.25 | 7.23% |
| United States Treasury Bills 4.142% | B.0 11.20.25 | 7.10% |
| United States Treasury Bills 4.1675% | B.0 11.28.25 | 7.10% |
| Short-Term Investment Trust - Invesco Treasury Portfolio | TRPXX | 5.91% |
| United States Treasury Bills 4.15% | B.0 07.17.25 | 5.41% |
| United States Treasury Bills 4.133% | B.0 07.31.25 | 5.40% |
| United States Treasury Bills 4.075% | B.0 11.06.25 | 5.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $2.4036 | Dec 18, 2024 |
| Dec 20, 2023 | $2.4938 | Dec 20, 2023 |
| Dec 21, 2022 | $18.28499 | Dec 21, 2022 |
| Dec 22, 2021 | $17.23049 | Dec 22, 2021 |
| Dec 22, 2020 | $0.018 | Dec 22, 2020 |
| Dec 23, 2019 | $0.7575 | Dec 23, 2019 |