GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF company info
COMB
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
What does GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF do?
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSE:COMB) specializes in offering investors diversified exposure to the commodities market without the hassle of K-1 tax forms. COMB achieves this by investing in a wide range of commodity futures, aiming to track the performance of the Bloomberg Commodity Index. The focus is on providing a cost-efficient way for individuals to invest in the commodities market, which includes energy, metals, and agricultural products. The objective is to offer liquid, transparent access to a sector that can serve as a potential hedge against inflation and diversification from traditional stocks and bonds. Through strategic investments and management, GraniteShares aims to deliver returns that closely mirror the underlying index, making it an appealing option for those looking to tap into the commodities market.
Company Snapshot
Is GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF a public or private company?
Ownership
Public
How many people does GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF employ?
Employees
11
What sector is GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in?
Sector
ETF
Where is the head office for GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF?
Head Office
New York, United States
What year was GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF founded?
Year Founded
2017
What does GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF specialise in?
What are the products and/or services of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF?
Overview of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF offerings
Diversified Commodity Exposure: COMB aims to provide investors with broad exposure across various commodity sectors. This includes futures contracts for softs (like sugar and coffee), livestock (cattle and hogs), energy (oil and natural gas), base metals (copper and aluminum), and precious metals (gold and silver).
Tracks Underlying Index: COMB tracks the Bloomberg Commodity Broad Strategy Index, which is designed to capture the performance of a diversified basket of these commodity futures contracts.
Provides Potential for Inflation Hedge: Commodities can act as a hedge against inflation, as their prices may rise alongside increasing inflation. This can help protect the value of your investment.
Seeks Long-Term Capital Appreciation: While COMB offers some income through potential dividend distributions, its primary objective is to achieve long-term capital appreciation through the value growth of the underlying commodities.
No K-1 Tax Form: An important feature of COMB is that it avoids issuing a K-1 tax form, which can be complex for some investors. COMB achieves this by utilizing a structure that generates minimal taxable income.
Exchange Traded with Low Barrier to Entry: COMB is listed on the NYSE Arca exchange under the ticker symbol COMB. This allows investors to easily buy and sell shares of the ETF like any stock, with a relatively low barrier to entry compared to directly investing in individual commodity futures contracts.