iMGP DBI Managed Futures Strategy ETF
LITMAN GREGORY FUNDS TRUST · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
iMGP DBI Managed Futures Strategy ETF is an actively managed U.S. alternative ETF.
- Asset class
- Alternative
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2026 Q2
The iMGP DBi Managed Futures Strategy ETF (the Fund) seeks long-term capital appreciation.
The fund employs a managed futures strategy using long and short positions in futures and forward contracts across equities, fixed income, and currencies, with commodity exposure obtained through a wholly-owned Cayman Islands subsidiary; a proprietary quantitative model determines positions by analyzing the recent performance of large commodity trading hedge fund managers to approximate their estimated asset allocation. Day-to-day investment decisions are delegated to the sub-adviser Dynamic Beta Investments, which relies exclusively on the model and has no discretion to override its allocations. The fund may hold up to 20% of assets in the subsidiary and typically holds short-duration debt securities to collateralize derivatives and provide liquidity. Because the fund's positions depend on the model's analysis of a trailing 60-day performance window, the fund's asset allocation and returns will diverge from those of the target managers it seeks to approximate.
| Share class | Expense ratio |
|---|---|
| DBMF | 0.85% |
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Cash & short-term | 80.59% |
| Derivatives | 1.76% |
These positions come to 82.35% of net assets. Not everything a fund owns is reported as a holding — uninvested cash is collected at fund level instead — so the total is not expected to reach 100%.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury ×7, Chicago Mercantile Exchange
Largest exited: United States Treasury ×6, Commodities Exchange Center, Chicago Mercantile Exchange
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.42 yr | 100% |
1 yr and 5 yr and 10 yr and 30 yr are NEGATIVE (-1.56 yr, -2.14 yr, -1.56 yr, -0.30 yr) — a deliberate hedge at that point on the curve, so they are not part of the band above.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.42 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | -1.56 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | -2.14 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | -1.56 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | -0.30 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States Treasury | 52.68% | $2.05B | — |
| — | United States Treasury | 12.49% | $485.75M | — |
| — | United States Treasury | 8.00% | $310.89M | — |
| — | Fixed Income Clearing Corp. | 3.33% | $129.38M | — |
| — | United States Treasury | 1.28% | $49.68M | — |
| — | United States Treasury | 1.15% | $44.74M | — |
| — | United States Treasury | 0.95% | $36.89M | — |
| — | Chicago Mercantile Exchange | 0.81% | $31.48M | — |
| — | United States Treasury | 0.71% | $27.78M | — |
| — | ICE Futures U.S., Inc. | 0.48% | $18.54M | — |
Top 10 positions are 81.88% of net assets, top 25 83.04%, across 7 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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