USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
SDCI
New York Stock Exchange Arca- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1990 N. California Boulevard, Suite 940 Walnut Creek CA United States of America 94596
- IPO Date
- May 4, 2018
- CIK
- 0001597389
- Website
- uscfinvestments.com
- Similar Companies
- Business
- USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) is an exchange-traded fund that seeks to provide investment results corresponding to the performance of the SummerHaven Dynamic Commodity Index Total Return (SDCITR), a rules-based total return commodity sector index designed to broadly represent major commodities through a fully margined and collateralized portfolio of commodity futures contracts. Under normal market conditions, the fund invests at least 80% of its assets in futures contracts and other commodity-related derivative instruments, valued by notional amount, including those linked to petroleum products such as crude oil (WTI and Brent), heating oil, RBOB gasoline, and gasoil; precious metals including gold, silver, and platinum; industrial metals such as aluminum, copper, zinc, nickel, lead, and tin; grains comprising corn, wheat, soybeans, soybean meal, and soybean oil; and non-primary sector commodities like sugar, cotton, coffee, cocoa, natural gas, live cattle, lean hogs, and feeder cattle. The fund's portfolio is reconstituted and rebalanced monthly to reflect the SDCITR's composition of 14 equally weighted futures contracts selected from a universe of 27 eligible commodities across these five sectors, based on backwardation measures and diversification rules requiring representation from each primary sector; derivative investments are collateralized by short-term U.S. government securities, money market instruments, or cash equivalents. Launched on May 3, 2018, and domiciled in the United States, SDCI trades on NYSE Arca and is managed by USCF Advisers LLC (with sub-adviser SummerHaven Investment Management LLC and index provider SummerHaven Index Management, LLC), headquartered in Walnut Creek, California as part of USCF Investments. The fund targets investors seeking diversified commodity exposure without K-1 tax forms, focusing on broad market commodities via an optimized strategy that emphasizes low-inventory signals through price-based futures selection. In recent developments, SDCI has experienced significant assets under management growth within USCF Investments' ETF platform, surpassing $500 million collectively by early 2025, driven by strong year-to-date performance and increased investor interest in its tax-efficient commodity strategy. The fund received a nomination for "Commodity ETF of the Year" from ETF.com in late January 2025, highlighting its competitive edge in a crowded field since inception. Additionally, the underlying SDCITR underwent a structural revision effective December 24, 2020, consolidating its commodity sectors from six to five (petroleum, precious metals, industrial metals, grains, and non-primary), enhancing its streamlined representation of global commodity markets. No major acquisitions, partnerships, funding rounds, or operational reorganizations have been reported for SDCI or its sponsor in the last 1-2 years.