View

CMDY · iShares Bloomberg Roll Select Commodity Strategy ETF

Know the company

Company overview

iShares Bloomberg Roll Select Commodity Strategy ETF seeks broad commodity exposure through futures and holds collateral alongside those contracts. Futures prices and the cost of replacing expiring contracts matter more to the investment result than ordinary portfolio income alone.

Business: Commodity-strategy ETF
Listing: CMDY · ARCX
Reporting period: 2026-04-30
Dividend schedule: Annual

How the business works

Collateral interest after expenses appears in net investment income. Commodity-futures gains or losses and contract-roll effects are separate drivers of distributions and net asset value.

iShares Bloomberg Roll Select Commodity Strategy ETF: financial report supporting reported earnings

Dividend & earnings snapshot

Dividend payments

Per common share

$6.2857Reviewed declaration · Payment Dec 19, 2025

Regular dividend

Announced Dec 16, 2025

Dates and company reports

Announcement: Dec 16, 2025
Declaration: Not confirmed
Ex-dividend: Dec 16, 2025
Record: Dec 16, 2025
Payment: Dec 19, 2025

Dividend declaration for payment Dec 19, 2025 · stockanalysis.com · Announced Dec 16, 2025

Extras are shown separately and are not assumed to repeat.

Reported earnings

Each measure shown separately, per share

Net investment income$0.97

Nov 1, 2025 to Apr 30, 2026

Distribution yield9.63%Sourced distributions divided by dated market price

Reported annual income yield3.86%Reported net investment income $2.0800 per share for 2024-11-01 to 2025-10-31, divided by approved 2025-10-31 market price $53.9100. Excludes capital gains; historical, not a current yield or forecast.

Reported annual investment income$2.08Per share for 2025 FY. Excludes investment gains.

Trailing 12-month distributions$6.29Recorded recurring payments per share, not a forecast

Dividend payment dates

Each announced payment is shown separately. Extra payments are not assumed to repeat.

Regular dividend

$6.2857

Payment: Dec 19, 2025

Announced Dec 16, 2025

Dates and company reports

Announcement: Dec 16, 2025
Declaration: Not confirmed
Ex-dividend: Dec 16, 2025
Record: Dec 16, 2025
Payment: Dec 19, 2025

Dividend declaration for payment Dec 19, 2025 · stockanalysis.com · Announced Dec 16, 2025

Reported earnings and sources

Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.

Reporting period	Earnings measure	Per share	Source
Nov 1, 2025 to Apr 30, 2026	Net investment income	$0.97	Company report 1 Announced Jul 2, 2026

Market price and NAV per share

Compare the share price with the value of the fund portfolio after liabilities. Each price is matched to a dated NAV; a different price date is shown in the label. Read NAV together with cash distributions.

History

Cash distributions and reported returns

Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.

Reporting period	Ending NAV	NAV change	Distributions / share	Reported NAV total return	Source
Nov 1, 2025 to Apr 30, 2026	$62.08	+15.35%	$6.29	+30.57%	Verified company financial highlights for this exact fiscal period; total return is reported, not inferred.
Nov 1, 2024 to Oct 31, 2025	$53.82	+9.50%	$2.01	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2023 to Oct 31, 2024	$49.15	-4.67%	$2.40	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2022 to Oct 31, 2023	$51.56	-8.31%	$2.17	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2021 to Oct 31, 2022	$56.23	-5.77%	$7.96	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2020 to Oct 31, 2021	$59.67	+42.38%	$0.07	Not available	Fund financial highlights for the exact share class and reporting period.

NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.

How to read CMDY income

Interest on collateral is separate from futures gains and losses. Net investment income alone cannot explain this fund's distributions.

Watch the underlying market, futures costs and NAV. Payments may change sharply with realized gains.

Income and distributions

Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Interest on collateral is separate from futures gains and losses. Net investment income alone cannot explain this fund's distributions.

Reporting period	Net investment income/share	Total distributions/share
2020-11-01 to 2021-10-31	$-0.09	$0.07
2021-11-01 to 2022-10-31	$0.53	$7.96
2022-11-01 to 2023-10-31	$2.39	$2.17
2023-11-01 to 2024-10-31	$2.47	$2.40
2024-11-01 to 2025-10-31	$2.08	$2.01
2025-11-01 to 2026-04-30	$0.97	$6.29

Risk monitor

Risk	Current condition	Direction	Why it matters
Portfolio and strategy risk	Income and capital are exposed to commodity volatility, futures roll costs and variable annual distributions.	Monitor	A change can affect future distributions or shareholder capital.
Distribution variability	Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.	Monitor	A change can affect future distributions or shareholder capital.
Market and implementation risk	Market liquidity, trading costs, derivative execution where used, and fund expenses can reduce shareholder returns.	Monitor	A change can affect future distributions or shareholder capital.

The assets behind the earnings

How CMDY makes money

Financial snapshot: 2026-04-30. Research reviewed 2026-09-18. Compare results for the reporting periods shown. Historical results are not a forecast.

The assets it owns

$684.513 million net assetsCommodity-strategy ETF

Net assets checked 2026-09-11. Borrowings and preferred financing are excluded from this net-assets figure.

A complete, comparable portfolio allocation is not available for this chart. No percentages have been estimated.

iShares Bloomberg Roll Select Commodity Strategy ETF: net assets and portfolio information, checked 2026-09-11

Reported earnings and distributions

2025-11-01 to 2026-04-30 · $ per share

Fund net investment income per common share; actual reporting period, not annualized$0.9700

Total cash distributions in the same period$6.2900

For the six months ended April 30, 2026, CMDY reported $0.97 of net investment income and $6.29 of distributions per share. Net asset value rose from $53.82 to $62.08. The large payment cannot be judged from collateral income alone; futures results and the higher ending value are central to the period outcome.

iShares Bloomberg Roll Select Commodity Strategy ETF: financial report supporting reported earnings

The income-producing business

Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.

The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.

iShares Bloomberg Roll Select Commodity Strategy ETF: financial report supporting reported earnings

What the reported earnings support

iShares Bloomberg Roll Select Commodity Strategy ETF reported $0.9700 per share for 2025-11-01 to 2026-04-30, measured as Fund net investment income per common share; actual reporting period, not annualized.

Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.

iShares Bloomberg Roll Select Commodity Strategy ETF: financial report supporting reported earnings

Portfolio and strategy risk

Income and capital are exposed to commodity volatility, futures roll costs and variable annual distributions.

Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.

iShares Bloomberg Roll Select Commodity Strategy ETF: financial report supporting reported earnings

Distribution variability

Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.

Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.

iShares Bloomberg Roll Select Commodity Strategy ETF: financial report supporting reported earnings

What would change the earnings picture?

Read the next like-length futures and collateral results with distributions and net asset value, without treating a variable gain payment as a steady yield.

Net asset value (NAV)

NAV per share$63.2300Sep 29, 2026

Market price$63.2800Sep 29, 2026

PREMIUM / DISCOUNT TO NAV0.08% premiumCalculated from the displayed same-date values.

NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.

iShares CMDY reported NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.

NAV source · Market-price source

Current evidence and recent developments

Reported fund net investment income per share: $0.97 for 2025-11-01 to 2026-04-30; actual period, not annualized.
Trailing distribution screen: 9.63% on 2026-09-11.
Latest announced cash distribution in the checked history: $6.2857; usual frequency annual.

What to watch next

Read the next like-length futures and collateral results with distributions and net asset value, without treating a variable gain payment as a steady yield.

Fly High context

Read the next like-length futures and collateral results with distributions and net asset value, without treating a variable gain payment as a steady yield.

Loading current company feeds…

U.S. federal · Tax year 2025

Dividend tax treatment

The fund's 2025 breakdown shows mainly ordinary dividends. The mix can change from year to year.

This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.

Ordinary, nonqualified: 100%
Qualified dividends: 0%
Capital-gain distributions: 0%
Return of capital: 0%

Tax year: 2025. Total distributions: $6.29 per share.

Tax details and source

Total ordinary dividends (includes qualified): 100%
Section 199A portion (within ordinary dividends): 0%
Exempt-interest distributions: 0%
Reporting form: Form 1099-DIV
Source date: Not stated

Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.

Tax source

Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.

Return to company research