VanEck CM Commodity Index Fund Class A (CMCAX)
VanEck CM Commodity Index Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $85.33, down 0.50% on the session, giving a market capitalisation of $739.9M. Its beta of 0.71 implies it has historically moved less than the broad market.
This fund aims to track the performance of the UBS Constant Maturity Commodity Total Return Index (CMCI) by investing in instruments whose value is tied to that index. It also allocates capital to a variety of fixed-income assets, including bonds and other debt securities issued by both U.S. government and corporate entities. The CMCI itself is a structured, multi-component benchmark index that offers broad exposure, covering 29 distinct commodities across five major sectors: energy, precious metals, industrial metals, agriculture, and livestock.
VanEck CM Commodity Index Fund Class A is most often compared with the following Financial Services names: