Teucrium Agricultural Strategy No K-1 ETF
TILL
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 212 Elm Street, Suite 200 Cohasset MA United States of America 2025
- IPO Date
- May 17, 2022
- CIK
- 0001683471
- Website
- teucrium.com
- Similar Companies
- Business
- Teucrium Agricultural Strategy No K-1 ETF (TILL) is an actively managed exchange-traded fund that provides investors with long-only, equal-weighted exposure to futures contracts in corn, wheat, soybeans, and sugar, traded on the Chicago Board of Trade or Intercontinental Exchange. The fund holds one futures contract per commodity, with portfolio managers exercising discretion in selecting contract maturities across delivery months to optimize pricing dynamics and mitigate contango effects; it rebalances monthly to maintain approximate 25% weighting in each holding and issues Form 1099 for tax reporting rather than a K-1. TILL obtains commodity exposure indirectly through a wholly-owned Cayman Islands subsidiary and is regulated as a commodity pool by the CFTC under the Investment Company Act of 1940. Launched on May 16, 2022, and listed on NYSE Arca, TILL is domiciled in the United States with headquarters in Burlington, Vermont, and is advised by Teucrium Investment Advisors, LLC, a subsidiary of Teucrium Trading, LLC. The ETF targets investors seeking diversified agricultural commodity exposure as a portfolio diversification tool amid inflation and market volatility, without requiring a futures account. It benchmarks performance against indices like the S&P 500 and Bloomberg Commodity Total Return Index, though it does not track spot prices directly. Recent developments include a management team expansion in June 2024 with Spencer Kristiansen and Joran Haugens joining as co-managers alongside Springer Harris, followed by Chris Small's appointment on July 31, 2025. Teucrium extended a contractual fee waiver of 0.60% on advisory fees through at least April 30, 2026, to enhance cost efficiency. The firm also issued a prospectus supplement in November 2024 recommending board actions on the fund, amid broader lineup adjustments such as the 2024 liquidation of the related Teucrium AiLA Long-Short Agriculture Strategy ETF.