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Financial Highlights (Tables)
9 Months Ended
Sep. 30, 2021
Teucrium Agricultural Fund [Member]  
Schedule of financial highlights

 

 

Three months

ended

 

 

Three months

ended

 

 

Nine months

 ended

 

 

Nine months

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Per Share Operation Performance

 

 

 

 

 

 

 

 

 

 

 

 

Net asset value at beginning of period

 

$26.06

 

 

$16.77

 

 

$21.12

 

 

$19.72

 

Income (loss) from investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized and unrealized gain (loss) on investment transactions

 

 

0.23

 

 

 

1.69

 

 

 

5.19

 

 

 

(1.24)

Total expenses, net

 

 

(0.01)

 

 

(0.01)

 

 

(0.03)

 

 

(0.03)

Net increase (decrease) in net asset value

 

 

0.22

 

 

 

1.68

 

 

 

5.16

 

 

 

(1.27)

Net asset value at end of period

 

$26.28

 

 

$18.45

 

 

$26.28

 

 

$18.45

 

Total Return

 

 

0.84%

 

 

10.03%

 

 

24.40%

 

 

(6.43)%

Ratios to Average Net Assets (Annualized)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expenses

 

 

1.42%

 

 

1.22%

 

 

1.39%

 

 

3.74%

Total expenses, net

 

 

0.18%

 

 

0.20%

 

 

0.19%

 

 

0.20%

Net investment loss

 

 

(0.18)%

 

 

(0.20)%

 

 

(0.19)%

 

 

(0.20)%
Teucrium Wheat Fund [Member]  
Schedule of financial highlights

 

 

Three months

ended

 

 

Three months

ended

 

 

Nine months

ended

 

 

Nine months

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Per Share Operation Performance

 

 

 

 

 

 

 

 

 

 

 

 

Net asset value at beginning of period

 

$6.75

 

 

$5.04

 

 

$6.16

 

 

$5.84

 

Income (loss) from investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment income

 

 

-

 

 

 

0.01

 

 

 

0.01

 

 

 

0.04

 

Net realized and unrealized gain (loss) on commodity futures contracts

 

 

0.35

 

 

 

0.70

 

 

 

1.00

 

 

 

(0.03)
Total expenses, net

 

 

(0.03)

 

 

(0.03)

 

 

(0.10)

 

 

(0.13)
Net increase (decrease) in net asset value

 

 

0.32

 

 

 

0.68

 

 

 

0.91

 

 

 

(0.12)
Net asset value at end of period

 

$7.06

 

 

$5.72

 

 

$7.06

 

 

$5.72

 

Total Return

 

 

4.72%

 

 

13.51%

 

 

14.75%

 

 

(2.07)%
Ratios to Average Net Assets (Annualized)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expenses

 

 

2.38%

 

 

2.54%

 

 

2.31%

 

 

3.17%
Total expenses, net

 

 

1.85%

 

 

2.42%

 

 

1.93%

 

 

3.13%
Net investment loss

 

 

(1.70)%

 

 

(2.05)%

 

 

(1.77)%

 

 

(2.13)%
Teucrium Soybean Fund [Member]  
Schedule of financial highlights

 

 

Three months ended

 

 

Three months ended

 

 

Nine months ended

 

 

Nine months ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Per Share Operation Performance

 

 

 

 

 

 

 

 

 

 

 

 

Net asset value at beginning of period

 

$23.79

 

 

$13.98

 

 

$19.49

 

 

$15.85

 

Income from investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment income

 

 

0.01

 

 

 

0.01

 

 

 

0.03

 

 

 

0.07

 

Net realized and unrealized (loss) gain on commodity futures contracts

 

 

(1.71)

 

 

1.96

 

 

 

2.80

 

 

 

0.26

 

Total expenses, net

 

 

(0.10)

 

 

(0.08)

 

 

(0.33)

 

 

(0.31)

Net (decrease) increase in net asset value

 

 

(1.80)

 

 

1.89

 

 

 

2.50

 

 

 

0.02

 

Net asset value at end of period

 

$21.99

 

 

$15.87

 

 

$21.99

 

 

$15.87

 

Total Return

 

 

(7.56)%

 

 

13.45%

 

 

12.83%

 

 

0.09%

Ratios to Average Net Assets (Annualized)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expenses

 

 

2.90%

 

 

2.90%

 

 

2.78%

 

 

3.53%

Total expenses, net

 

 

1.74%

 

 

2.07%

 

 

1.99%

 

 

2.80%

Net investment loss

 

 

(1.60)%

 

 

(1.81)%

 

 

(1.82)%

 

 

(2.15)%
Teucrium Sugar Fund [Member]  
Schedule of financial highlights

 

 

Three months ended

 

 

Three months ended

 

 

Nine months ended

 

 

Nine months ended

 

 

 

September 30, 2021

 

 

September 30, 2020

 

 

September 30, 2021

 

 

September 30, 2020

 

Per Share Operation Performance

 

 

 

 

 

 

 

 

 

 

 

 

Net asset value at beginning of period

 

$8.48

 

 

$5.72

 

 

$6.72

 

 

$7.04

 

Income (loss) from investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment income

 

 

-

 

 

 

-

 

 

 

0.01

 

 

 

0.04

 

Net realized and unrealized gain (loss) on commodity futures contracts

 

 

1.13

 

 

 

0.42

 

 

 

2.96

 

 

 

(0.82)
Total expenses, net

 

 

(0.04)

 

 

(0.03)

 

 

(0.12)

 

 

(0.15)
Net increase (decrease) in net asset value

 

 

1.09

 

 

 

0.39

 

 

 

2.85

 

 

 

(0.93)
Net asset value at end of period

 

$9.57

 

 

$6.11

 

 

$9.57

 

 

$6.11

 

Total Return

 

 

12.80%

 

 

6.65%

 

 

42.38%

 

 

(13.23)%
Ratios to Average Net Assets (Annualized)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expenses

 

 

2.28%

 

 

3.58%

 

 

2.52%

 

 

5.18%
Total expenses, net

 

 

1.78%

 

 

2.42%

 

 

1.91%

 

 

3.18%
Net investment loss

 

 

(1.66)%

 

 

(2.22)%

 

 

(1.77)%

 

 

(2.32)%
Teucrium Corn Fund [Member]  
Schedule of financial highlights

 

 

Three months

ended

 

 

Three months

ended

 

 

Nine months

ended

 

 

Nine months

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Per Share Operation Performance

 

 

 

 

 

 

 

 

 

 

 

 

Net asset value at beginning of period

 

$21.44

 

 

$12.40

 

 

$15.54

 

 

$14.82

 

Income from investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment income

 

 

0.01

 

 

 

0.01

 

 

 

0.02

 

 

 

0.08

 

Net realized and unrealized (loss) gain on commodity futures contracts

 

 

(1.12)

 

 

0.81

 

 

 

4.94

 

 

 

(1.44)
Total expenses, net

 

 

(0.10)

 

 

(0.07)

 

 

(0.27)

 

 

(0.31)
Net (decrease) increase in net asset value

 

 

(1.21)

 

 

0.75

 

 

 

4.69

 

 

 

(1.67)
Net asset value at end of period

 

$20.23

 

 

$13.15

 

 

$20.23

 

 

$13.15

 

Total Return

 

 

(5.62)%

 

 

6.00%

 

 

30.23%

 

 

(11.29)%
Ratios to Average Net Assets (Annualized)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expenses

 

 

2.88%

 

 

3.08%

 

 

2.61%

 

 

3.93%
Total expenses, net

 

 

1.86%

 

 

2.38%

 

 

1.95%

 

 

3.28%
Net investment loss

 

 

(1.70)%

 

 

(2.08)%

 

 

(1.78)%

 

 

(2.39)%