Key stats
About iShares GSCI Commodity Dynamic Roll Strategy ETF
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Inception date
Oct 15, 2014
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
COMT provides exposure to six broad commodity groups selected from the S&P GSCI. In January of each year, the index selects 14 commodities from the broad groups based on global production levels and the price of the commodity. The fund gains its exposure through commodity-linked investments such as futures, options, and swaps. An algorithm identifies the optimum implied yields for a monthly roll strategy. In terms of commodity exposure, the fund offers some tax simplicity in the form of a 1099. COMT avoids issuing a K-1 by relying on a wholly owned Cayman subsidiary to access commodity derivatives. The funds investment grade fixed income investments are cash management tools focused on the cash or collateral portion of the portfolio with the objective to generate interest income and capital appreciation. Prior to March 1, 2021, the fund name was the iShares Commodities Select Strategy ETF. The fund was previously actively managed while aiming to mimic the underlying index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Cash
Government
Bonds, Cash & Other100.00%
Corporate55.71%
Cash18.83%
Government15.00%
Mutual fund9.62%
Miscellaneous0.84%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
COMT last dividends amounted to 1.24 USD. The year before, the issuer paid 1.30 USD in dividends, which shows a 4.96% decrease.
COMT assets under management is 611.21 M USD. It's risen 3.05% over the last month.
COMT fund flows account for −320.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, COMT pays dividends to its holders with the dividend yield of 4.81%. The last dividend (Dec 20, 2024) amounted to 1.24 USD. The dividends are paid annually.
COMT shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Oct 15, 2014, and its management style is Passive.
COMT expense ratio is 0.48% meaning you'd have to pay 0.48% of your investment to help manage the fund.
COMT follows the S&P GSCI Dynamic Roll Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
COMT invests in bonds.
COMT price has risen by 3.76% over the last month, and its yearly performance shows a −2.56% decrease. See more dynamics on COMT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.42% increase in three-month performance and has increased by 2.02% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.42% increase in three-month performance and has increased by 2.02% in a year.
COMT trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.