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ETF NYSE Arca USD

KraneShares Mount Lucas Managed Futures Index Strategy ETF KMLM

Issuer: KraneShares SEC registrant: Krane Shares Trust Derivatives-based
Watch KMLM (sign in) Add to portfolio (KMLM) Set an alert for KMLM Compare KMLM with other ETFs Position size calculator for KMLM at 30.89 USD

How position sizing works
Last price 30.89 USD Change: Down −0.28 Percent change: Down −0.90%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.90%
Prospectus 1 Aug 2025
Net assets
$297.9M
As of 30 Jun 2026
Holdings
26
As of 30 Jun 2026
12-month distribution yield
4.22%
Yearly
Asset class
Derivatives-based
From holdings

KraneShares Mount Lucas Managed Futures Index Strategy ETF (KMLM) is an exchange-traded fund listed on NYSE Arca in the United States, issued by KraneShares. Its category is Derivatives-based. Its last price was US$30.89 on 20 Oct 2026. Its expense ratio is 0.9% a year, from its prospectus dated 1 Aug 2025. It reported net assets of US$297.91 million as of 30 Jun 2026. Its latest holdings report lists 26 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$1.30 a unit, a 12-month distribution yield of 4.22%, paid yearly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.90%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.89%
Prospectus date
1 Aug 2025
Filed with the SEC
29 Jul 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$297,905,650
Total assets
$298,130,556
Holdings as of
30 Jun 2026
Report made public
28 Aug 2026 (59 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 26 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.

KMLM top holdings as of 30 Jun 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 SOCIETE GENERALE US 10YR ULTRA FUT SEP26 FINANCIAL COMMODITY FUTURE. No identifier reported -26.35% -$78.5M Interest rate derivatives United States USD
2 Japan JPN 10Y BOND(OSE) SEP26 FINANCIAL COMMODITY FUTURE. No identifier reported -25.85% -$77.0M Interest rate derivatives Japan JPY
3 United Kingdom of Great Britain and Northern Ireland LONG GILT FUTURE SEP26 FINANCIAL COMMODITY FUTURE. No identifier reported -21.05% -$62.7M Interest rate derivatives United Kingdom GBP
4 SOCIETE GENERALE EURO-BUND FUTURE SEP26 FINANCIAL COMMODITY FUTURE. No identifier reported -18.51% -$55.1M Interest rate derivatives Germany EUR
5 United States of America TREASURY BILL 0.000000% 07/02/2026 US912797TF47 16.78% $50.0M Debt United States USD
6 United States of America TREASURY BILL 0.000000% 07/21/2026 US912797UQ82 16.75% $49.9M Debt United States USD
7 JPN YEN CURR FUT SEP26 CURRENCY FUTURE. No identifier reported -16.36% -$48.7M Foreign exchange derivatives United States USD
8 EURO FX CURR FUT SEP26 CURRENCY FUTURE. No identifier reported -16.34% -$48.7M Foreign exchange derivatives United States USD
9 C$ CURRENCY FUT SEP26 CURRENCY FUTURE. No identifier reported -16.24% -$48.4M Foreign exchange derivatives United States USD
10 AUDUSD CRNCY FUT SEP26 CURRENCY FUTURE. No identifier reported 16.15% $48.1M Foreign exchange derivatives United States USD
11 CHF CURRENCY FUT SEP26 CURRENCY FUTURE. No identifier reported -16.12% -$48.0M Foreign exchange derivatives United States USD
12 United States of America TREASURY BILL 0.000000% 07/30/2026 US912797TQ02 13.39% $39.9M Debt United States USD
13 BP CURRENCY FUT SEP26 CURRENCY FUTURE. No identifier reported -11.76% -$35.0M Foreign exchange derivatives United States USD
14 SUGAR #11 (WORLD) OCT26 PHYSICAL COMMODITY FUTURE. No identifier reported -7.15% -$21.3M Commodity derivatives United States USD
15 LIVE CATTLE FUTR AUG26 PHYSICAL COMMODITY FUTURE. No identifier reported 7.13% $21.2M Commodity derivatives United States USD
16 NATURAL GAS FUTR SEP26 PHYSICAL COMMODITY FUTURE. No identifier reported -6.84% -$20.4M Commodity derivatives United States USD
17 COPPER FUTURE SEP26 PHYSICAL COMMODITY FUTURE. No identifier reported 6.82% $20.3M Commodity derivatives United States USD
18 GASOLINE RBOB FUT SEP26 PHYSICAL COMMODITY FUTURE. No identifier reported 6.70% $20.0M Commodity derivatives United States USD
19 WHEAT FUTURE(CBT) DEC26 PHYSICAL COMMODITY FUTURE. No identifier reported 6.65% $19.8M Commodity derivatives United States USD
20 NY HARB ULSD FUT SEP26 PHYSICAL COMMODITY FUTURE. No identifier reported 6.55% $19.5M Commodity derivatives United States USD
21 CORN FUTURE DEC26 PHYSICAL COMMODITY FUTURE. No identifier reported -6.45% -$19.2M Commodity derivatives United States USD
22 WTI CRUDE FUTURE SEP26 PHYSICAL COMMODITY FUTURE. No identifier reported 5.84% $17.4M Commodity derivatives United States USD
23 Canada CAN 10YR BOND FUT SEP26 FINANCIAL COMMODITY FUTURE. No identifier reported 3.67% $10.9M Interest rate derivatives Canada CAD
24 United States of America TREASURY BILL 0.000000% 08/18/2026 US912797UU94 3.34% $10.0M Debt United States USD
25 SOYBEAN FUTURE NOV26 PHYSICAL COMMODITY FUTURE. No identifier reported -1.59% -$4.7M Commodity derivatives United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 30 Jun 2026

All 26 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Warning: Uses derivatives

Derivative contracts in this report have a combined notional amount of 256% of net assets. The weights here show each contract's reported value, not the exposure it creates.

Asset type

Asset type by weight
TypeWeightBar
Interest rate derivatives -88.10%
Foreign exchange derivatives -60.68%
Debt 50.26%
Commodity derivatives 17.92%

Country

Country by weight
CountryWeightBar
Japan -25.85%
United Kingdom -21.05%
United States -18.85%
Germany -18.51%
Canada 3.67%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
Japanese yen (JPY) -25.85%
British pound (GBP) -21.05%
US dollar (USD) -18.85%
Euro (EUR) -18.51%
Canadian dollar (CAD) 3.67%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

No sector data

None of this fund's holdings matched a stock listed on this site, so no sector is shown.

Partial coverage: sectors are known for 0.0% of net assets, the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$1.3030
1 payment per unit
12-month yield
4.22%
Distributions only, not total return
Frequency
Yearly
From the gaps between ex-dates
Latest ex-date
22 Dec 2025

12-month yield = distributions per unit with an ex-date in the last 12 months ($1.3030) ÷ latest price ($30.89) × 100 = 4.22%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (4 payments)
KMLM distributions per unit by ex-date
Ex-dateAmount per unit
22 Dec 2025$1.3030
17 Dec 2024$0.2300
28 Dec 2022$2.4810
29 Dec 2021$1.8380

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

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How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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