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Note 5 - Financial Highlights - Teucrium Agricultural Fund
12 Months Ended
Dec. 31, 2023
Teucrium Agricultural Fund [Member]  
Notes to Financial Statements  
Investment Company, Financial Highlights [Text Block]

Note 5 - Financial Highlights

 

The following table presents per share performance data and other supplemental financial data for the years ended December 31, 2023, 2022, and 2021. This information has been derived from information presented in the financial statements and is presented with total expenses gross of expenses waived by the Sponsor and with total expenses net of expenses waived by the Sponsor, as appropriate.

 

  

Year ended

  

Year ended

  

Year ended

 
  

December 31, 2023

  

December 31, 2022

  

December 31, 2021

 

Per Share Operation Performance

            

Net asset value at beginning of period

 $31.35  $27.01  $21.12 

Income (loss) from investment operations:

            

Net realized and unrealized (loss) gain on investment transactions

  (1.87)  4.38   5.93 

Total expenses, net

  (0.03)  (0.04)  (0.04)

Net (decrease) increase in net asset value

  (1.90)  4.34   5.89 

Net asset value at end of period

 $29.45  $31.35  $27.01 

Total Return

  (6.04)%  16.06

%

  27.85

%

Ratios to Average Net Assets (Annualized)

            

Total expenses

  1.68

%

  0.84

%

  1.54

%

Total expenses, net

  0.09

%

  0.14

%

  0.17

%

Net investment loss

  (0.09)%  (0.13)%  (0.17)%

 

The financial highlights per share data are calculated consistent with the methodology used to calculate asset-based fees and expenses.