Symbols

SOYB

Teucrium Soybean Fund·NYSE

--(--)

Key Stats

Assets Under Management

39.66MUSD

Fund Flows (1Y)

11.32MUSD

Dividend Yield

Discount/Premium to NAV

-0.14%

Shares Outstanding

1.73M

Expense Ratio

0.83%

About Teucrium Soybean Fund

Issuer

Teucrium Investment Advisors, LLC

Brand

Teucrium

Home Page

https://teucrium.com/soyb

Inception Date

Sep 19, 2011

Structure

Open-Ended Fund

Index Tracked

Teucrium Soybean Index

Management Style

Passive

Dividend Treatment

Reinvests

Distribution Tax Treatment

No distributions

Income Tax Type

60/40

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Teucrium Trading LLC

Distributor

Foreside Fund Services LLC

SOYB is the first ETF option for pure exposure to soybeans. The fund allocates exposure to three soybean futures contracts: holding 35% exposure to the second month to expire, 30% to the third month, and 35% to the November contracts. The fund avoids August and September contracts. This laddered strategy sets SOYB apart from its front-month benchmark, as it can work in its favor should soybeans fall into steep contango. Structured as a commodities pool, SOYB distributes K-1 forms and is marked-to-market yearly. Short-term traders can benefit from 60% of all gains being taxed as long term, regardless of holding period. But on the flip side, long-term holders may find the tax consequences troublesome since there's no beneficial tax rate for holding over one year.