CMDT

PIMCO Commodity Strategy Active Exchange-Traded Fund

$27.70

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) seeks to provide total return that exceeds the performance of the Bloomberg Commodity Index.

Overview

ETF tracking PIMCO Commodity Strategy Active Exchange-Traded Fund

Category Commodities

Issuer Other

Inception Date 2023-05-10

Market Cap $586.5M

Average Volume N/A

Dividend Yield 5.60%

52-Week Range $24.25 - $27.97

VWAP $27.73

Performance

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Investment Summary

📎 Investment Objective

The PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) seeks to provide total return that exceeds the performance of the Bloomberg Commodity Index.

🎯 Investment Strategy

The fund invests primarily in commodity-linked derivative instruments, such as commodity futures and options, to gain exposure to the commodity markets. The portfolio managers use active management strategies to try to generate returns that exceed the benchmark index.

✨ Key Features

Actively managed commodity exposure fund
Invests in a diversified portfolio of commodity-linked derivatives
Aims to provide total return in excess of the Bloomberg Commodity Index
Potentially higher risk and volatility compared to a passive commodity index fund

⚠️ Primary Risks

Commodity price risk: The value of the fund's investments may be affected by fluctuations in commodity prices
Derivatives risk: The use of commodity-linked derivatives can increase volatility and risk of loss
Active management risk: The fund's performance depends on the skill of the portfolio managers in selecting investments
Liquidity risk: Some commodity derivatives may have limited liquidity, which can impact the fund's ability to buy or sell positions

👤 Best For

The CMDT ETF may be suitable for investors seeking actively managed exposure to the commodity markets as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer investment horizon to accommodate the potentially higher volatility of this type of fund.