Name
As of 11/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.8%
1 yr return
1.6%
3 Yr Avg Return
5.9%
5 Yr Avg Return
9.8%
Net Assets
$513 M
Holdings in Top 10
77.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.32%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CMCAX - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return 9.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.91%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCM Commodity Index Fund
-
Fund Family NameVANECKFUND
-
Inception DateDec 31, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRoland Morris
Fund Description
CMCAX - Performance
Return Ranking - Trailing
Period | CMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | -29.4% | 31.1% | 64.06% |
1 Yr | 1.6% | -39.5% | 35.1% | 78.13% |
3 Yr | 5.9%* | -40.2% | 276.0% | 35.71% |
5 Yr | 9.8%* | -29.0% | 134.1% | 31.71% |
10 Yr | 1.9%* | -27.6% | 47.4% | 39.33% |
* Annualized
Return Ranking - Calendar
Period | CMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.0% | -64.0% | 30.1% | 25.78% |
2022 | -8.9% | -40.8% | 2475.6% | 67.72% |
2021 | 8.4% | -23.3% | 106.7% | 47.62% |
2020 | 1.1% | -71.9% | 295.5% | 43.90% |
2019 | 7.5% | -31.8% | 53.9% | 44.26% |
Total Return Ranking - Trailing
Period | CMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | -29.4% | 31.1% | 64.06% |
1 Yr | 1.6% | -39.5% | 35.1% | 78.13% |
3 Yr | 5.9%* | -40.2% | 276.0% | 35.71% |
5 Yr | 9.8%* | -29.0% | 134.1% | 31.71% |
10 Yr | 1.9%* | -27.6% | 47.4% | 39.33% |
* Annualized
Total Return Ranking - Calendar
Period | CMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.7% | -64.0% | 41.1% | 28.13% |
2022 | 13.9% | -15.1% | 5648.8% | 48.82% |
2021 | 33.0% | -23.3% | 188.1% | 34.13% |
2020 | 1.1% | -67.8% | 296.1% | 46.34% |
2019 | 8.4% | -31.8% | 53.9% | 54.10% |
NAV & Total Return History
CMCAX - Holdings
Concentration Analysis
CMCAX | Category Low | Category High | CMCAX % Rank | |
---|---|---|---|---|
Net Assets | 513 M | 2.34 M | 27.6 B | 52.23% |
Number of Holdings | 19 | 1 | 1009 | 75.00% |
Net Assets in Top 10 | 426 M | 2.66 M | 30.7 B | 47.66% |
Weighting of Top 10 | 77.25% | 20.9% | 169.5% | 50.00% |
Top 10 Holdings
- U.S. Treasury Bills 9.95%
- U.S. Treasury Bills 9.89%
- U.S. Treasury Bills 9.88%
- U.S. Treasury Bills 7.21%
- U.S. Treasury Bills 7.20%
- U.S. Treasury Bills 7.18%
- U.S. Treasury Bills 7.17%
- U.S. Treasury Bills 7.10%
- U.S. Treasury Bills 6.30%
- U.S. Treasury Bills 5.37%
Asset Allocation
Weighting | Return Low | Return High | CMCAX % Rank | |
---|---|---|---|---|
Cash | 97.05% | 0.00% | 101.92% | 3.97% |
Stocks | 3.04% | 0.00% | 49.72% | 23.44% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 9.52% |
Convertible Bonds | 0.00% | 0.00% | 3.89% | 35.20% |
Bonds | 0.00% | 0.00% | 127.91% | 75.00% |
Other | -0.09% | -7.17% | 100.19% | 61.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CMCAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 27.00% | N/A |
Technology | 0.00% | 0.00% | 2.77% | N/A |
Real Estate | 0.00% | 0.00% | 13.82% | N/A |
Industrials | 0.00% | 0.00% | 23.28% | N/A |
Healthcare | 0.00% | 0.00% | 1.73% | N/A |
Financial Services | 0.00% | 0.00% | 13.67% | N/A |
Energy | 0.00% | 0.00% | 33.64% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 12.04% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 3.41% | N/A |
Basic Materials | 0.00% | 0.00% | 47.41% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CMCAX % Rank | |
---|---|---|---|---|
US | 3.04% | 0.00% | 32.22% | 23.81% |
Non US | 0.00% | 0.00% | 28.52% | 16.67% |
CMCAX - Expenses
Operational Fees
CMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.32% | 0.21% | 5.23% | 34.00% |
Management Fee | 0.65% | 0.00% | 1.75% | 49.68% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 35.09% |
Administrative Fee | N/A | 0.05% | 0.45% | N/A |
Sales Fees
CMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 4.50% | 5.75% | 7.69% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
CMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 162.00% | 6.82% |
CMCAX - Distributions
Dividend Yield Analysis
CMCAX | Category Low | Category High | CMCAX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.42% | 0.00% | 19.94% | 30.57% |
Dividend Distribution Analysis
CMCAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
CMCAX | Category Low | Category High | CMCAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.91% | -55.71% | 52.26% | 76.80% |
Capital Gain Distribution Analysis
CMCAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $2.321 | OrdinaryDividend |
Dec 21, 2022 | $17.985 | OrdinaryDividend |
Dec 22, 2021 | $17.016 | OrdinaryDividend |
Dec 22, 2020 | $0.018 | OrdinaryDividend |
Dec 23, 2019 | $0.580 | OrdinaryDividend |
Dec 21, 2018 | $0.360 | OrdinaryDividend |
Dec 21, 2017 | $2.970 | OrdinaryDividend |
Dec 22, 2016 | $7.020 | OrdinaryDividend |
Dec 23, 2013 | $0.300 | OrdinaryDividend |
CMCAX - Fund Manager Analysis
Managers
Roland Morris
Start Date
Tenure
Tenure Rank
May 01, 2014
8.09
8.1%
Mr. Morris joined VanEck in 2012. He serves as Portfolio Manager for VanEck’s CM Commodity Index Strategy and Strategist for VanEck’s Global Hard Asset Strategy, focusing on macro strategies, commodities trading, and client development. Prior to joining VanEck, Mr. Morris was a macro/commodities trading specialist, manager of a futures clearing and execution service, and a client relationship manager at various top financial services companies. He has over 35 years of experience in the financial services industry. Mr. Morris earned a BA in Economics from the University of Vermont.
Gregory Krenzer
Start Date
Tenure
Tenure Rank
May 01, 2016
6.08
6.1%
Mr. Krenzer joined VanEck in 1994. He serves as Deputy Portfolio Manager for VanEck’s CM Commodity Index Strategy and Head of Active Equity Trading for VanEck’s Emerging Markets Equity Strategy, Global Hard Assets Strategy and Gold Strategies, specializing in trade construction and execution. Mr. Krenzer is also Deputy Portfolio Manager for VanEck Morningstar Wide Moat Fund. He has over 20 years of experience in investing in commodities, natural resource equities, and global fixed income. Mr. Krenzer is a CFA Charterholder and a member of the CFA Society New York. He earned a BS in Finance with a minor in Economics (Beta Gamma Sigma) from Syracuse University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 17.03 | 6.11 | 11.51 |