| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Interest | $67K+57.2% | $43K+849.3% | $4K-48.3% | $9K+183.9% | $3K-97.3% | $114K |
| Sponsor fee | $50K+0.0% | $50K+518.6% | $8K-94.8% | $155K+19.3% | $130K+73.5% | $75K |
| CTA fee | $27K-47.2% | $52K+587.6% | $8K-98.8% | $654K+0.5% | $651K+5130.9% | $12K |
| Audit fees | $51K-2.2% | $52K+159.4% | $20K-83.9% | $124K+60.6% | $77K-0.0% | $77K |
| Tax preparation fees | $41K+267.9% | $11K-32.1% | $17K-83.6% | $101K+20.5% | $84K+67.6% | $50K |
| Admin/accounting/custodian/transfer agent fees | $63K+21.1% | $52K+440.6% | $10K-88.4% | $83K+30.5% | $64K+10.8% | $58K |
| Legal fees | $80K+5.3% | $76K+943.5% | $7K-91.6% | $87K+33.4% | $65K+85.5% | $35K |
| Chief Compliance Officer fees | $25K-0.3% | $25K+518.1% | $4K-87.9% | $33K+33.4% | $25K+0.1% | $25K |
| Principal Financial Officer fees | $25K-0.3% | $25K+518.1% | $4K-89.5% | $38K+53.4% | $25K+0.1% | $25K |
| Regulatory reporting fees | $25K+0.1% | $25K+518.1% | $4K-87.9% | $33K+33.4% | $25K+0.1% | $25K |
| Brokerage commission fees | $30K-75.1% | $122K-82.7% | $704K+5.7% | $666K+28.4% | $519K+142.8% | $214K |
| Distribution fees | $513-95.5% | $11K+346.6% | $3K-87.8% | $21K | — | $16K |
| NJ filing fees | $4K+16.7% | $3K-98.3% | $180K | — | — | — |
| Insurance fees | $6K-45.4% | $12K-34.0% | $17K+16.2% | $15K+0.0% | $15K-50.0% | $30K |
| Listing and calculation agent fees | $8K+20.1% | $6K+473.1% | $1K-92.5% | $14K+51.0% | $10K | — |
| Marketing fees | $15K-0.3% | $15K-61.0% | $38K | — | — | — |
| Trustee fees | $3K+1.9% | $3K | — | — | — | — |
| Printing and postage fees | $14K+1.2% | $14K | — | — | — | — |
| Wholesale support fees | $18K-12.7% | $20K+535.4% | $3K-96.0% | $80K+1.9% | $79K+1167.5% | $6K |
| Miscellaneous fees | $248-90.1% | $3K | — | — | — | — |
| Total Expenses | $486K-15.8% | $577K+368.9% | $123K-94.1% | $2.1M+10.3% | $1.9M+313.7% | $456K |
| Less: Waiver of CTA fee | -$27K+47.2% | -$52K-587.6% | -$8K+80.7% | -$39K | — | — |
| Less: Expenses reimbursed to/(absorbed by) Sponsor | -$362K-30.4% | -$277K-258.2% | -$77K | — | — | — |
| Net Expenses | $97K-61.0% | $248K+550.9% | $38K-98.0% | $1.9M+3.1% | $1.8M+2642.5% | $67K |
| Net Investment Loss | -$30K+85.5% | -$205K+82.6% | -$1.2M+63.8% | -$3.2M-75.9% | -$1.8M-341.6% | -$418K |
| Futures contracts | $55K+105.8% | -$941K+96.9% | -$30.6M-3757.0% | $837K-98.3% | $48.1M+2048.1% | -$2.5M |
| Net realized and unrealized gain (loss) | -$998K-776.5% | -$114K-109.5% | $1.2M-98.0% | $61.2M | — | -$567K |
| Net Income (Loss) | -$1.0M-222.4% | -$319K+99.1% | -$35.4M-5.9% | -$33.4M-156.2% | $59.4M+953.6% | $5.6M |
| BREAKWAVE DRY BULK SHIPPING ETF | ||||||
| BREAKWAVE TANKER SHIPPING ETF | ||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.