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CM Commodity Index Fund - Class A
CMCAX
Class I Class Y

CM Commodity Index Fund - Class A
CMCAX
Class I Class Y

  • NAV
    $85.40

    as of September 08, 2026
  • YTD RETURNS
    32.24%

    as of September 08, 2026
  • Net Assets (All Classes)
    $723.20M

    as of July 31, 2026
  • Gross Expense Ratio
    1.37%
  • Net Expense Ratio
    0.95%
  • Inception Date
    12/31/2010
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Overview

Why the CM Commodity Index Fund

  • Optimized Roll ExposureSeeks improved roll returns through a constant-maturity approach that maintains consistent exposure across futures maturities
  • Broad Commodity DiversificationProvides diversified exposure across 29 commodities spanning five sectors
  • Investor-Friendly Tax ReportingStructured to issue a Form 1099, eliminating K-1s for simplified tax reporting

The CM Commodity Index Fund seeks to track, before fees and expenses, the performance of the UBS Constant Maturity Commodity Total Return Index, a diversified commodity index that allocates across maturities with the aim of minimizing exposure to the front end of the futures curves and mitigating the impact of negative roll yield in contango environments.

Performance

Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR
VanEck CM Commodity Index Fund: Class A
Fund at NAV
 6.23 0.01 21.79 27.48 9.33 10.20 8.61
Fund at Max 5.75% Sales Charge
 0.12 -5.74 14.78 20.15 7.20 8.90 7.97
UBS Constant Maturity Commodity Total Return Index
 6.32 0.32 22.80 29.26 10.93 11.83 10.18
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR
VanEck CM Commodity Index Fund: Class A
Fund at NAV -5.40 -1.33 14.65 20.78 9.78 9.21 7.37
Fund at Max 5.75% Sales Charge -10.84 -7.01 8.06 13.83 7.63 7.92 6.74
UBS Constant Maturity Commodity Total Return Index -5.30 -1.01 15.50 22.53 11.32 10.86 8.92

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Expenses: Class A: Gross 1.37% and Net 0.95%. Expenses are capped contractually through 05/01/27 at 0.95% for Class A. Investment returns and Fund share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Portfolio

Distributions

Team

Fees

Resources

Regulatory Information

Fund Documents

Thought Leadership

CMCAX