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Note 6 - Financial Highlights - Teucrium Sugar Fund
 6 Months Ended
Jun. 30, 2023
Teucrium Sugar Fund [Member]  
Notes to Financial Statements  
Investment Company, Financial Highlights [Text Block]

Note 6 – Financial Highlights

 

The following table presents per unit performance data and other supplemental financial data for the three and six months ended June 30, 2023 and 2022. 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.

 

  

Three months ended

  

Three months ended

  

Six months ended

  

Six months ended

 
  

June 30, 2023

  

June 30, 2022

  

June 30, 2023

  

June 30, 2022

 

Per Share Operation Performance

                

Net asset value at beginning of period

 $11.44  $9.62  $9.51  $9.23 

Income (loss) from investment operations:

                

Investment income

  0.17   0.01   0.28   0.02 

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

  1.19   (0.28)  3.08   0.15 

Total expenses, net

  (0.10)  (0.03)  (0.17)  (0.08)

Net increase (decrease) in net asset value

  1.26   (0.30)  3.19   0.09 

Net asset value at end of period

 $12.70  $9.32  $12.70  $9.32 

Total Return

  10.98%  -3.12%  33.49%  1.01%

Ratios to Average Net Assets (Annualized)

                

Total expenses

  2.97%  1.97%  2.89%  2.27%

Total expenses, net

  2.97%  1.41%  2.89%  1.72%

Net investment income (loss)

  2.03%  -0.70%  1.87%  -1.21%

 

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