VanEck CMCI Commodity Strategy ETF (CMCI)

VanEck CMCI Commodity Strategy ETF (CMCI) is an exchange-traded fund in the Commodities Broad Basket category. It has $3.12M in assets, an expense ratio of 0.67% and a 7.59% dividend yield. The fund seeks to achieve its investment objective by investing under normal circumstances in instruments that derive their value from the performance of the index. In seeking to replicate the index, the fund invests in (i) commodity-linked derivative instruments, and in (ii) bonds, debt securities and other fixed income instruments issued by various U.S. public- or private-sector entities. The fund is non-diversified.