Key stats
About iMGP DBi Managed Futures Strategy ETF
Home page
Inception date
May 8, 2019
Structure
Open-Ended Fund
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
iM Global Partner Fund Management LLC
Distributor
Quasar Distributors LLC
DBMFs managed futures offering uses hedge-fund replication techniques aiming to imitate the performance of a group of Commodity Trading Advisor (CTA) hedge funds. CTAs use derivatives to invest across asset classes not just commodities. Similarly, DBMF, uses long and short positions in futures and forwards across asset classes to emulate the returns of a group of CTAs. DBMF does not invest directly in hedge funds. Its an actively-managed ETF that can allocate to a Cayman-based subsidiary for the commodity portion of its exposure. (The Cayman arrangement is not uncommon among alternative or commodity ETFs.) Still, the prospectus emphasizes that allocations to asset classes are made by a model and that the active management is largely confined to selecting the most liquid variants of the derivatives needed. The model includes a volatility target.
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
Government
Cash
Bonds, Cash & Other100.00%
Government82.51%
Cash17.49%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DBMF last dividends amounted to 0.18 USD. The quarter before, the issuer paid 0.84 USD in dividends, which shows a 370.04% decrease.
DBMF assets under management is 1.19 B USD. It's risen 5.43% over the last month.
DBMF fund flows account for 354.10 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, DBMF pays dividends to its holders with the dividend yield of 6.04%. The last dividend (Mar 31, 2025) amounted to 0.18 USD. The dividends are paid quarterly.
DBMF shares are issued by Eurazeo SE under the brand iM. The ETF was launched on May 8, 2019, and its management style is Active.
DBMF expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
DBMF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DBMF invests in bonds.
DBMF price has fallen by −0.32% over the last month, and its yearly performance shows a −14.43% decrease. See more dynamics on DBMF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.42% decrease in three-month performance and has decreased by −10.70% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −4.42% decrease in three-month performance and has decreased by −10.70% in a year.
DBMF trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.