This Commodity ETF With a 16% Yield Just Drew a New $12 Million Bet. Here's What to Know

Core Insights - Bison Wealth initiated a new position in the First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC), acquiring 450,926 shares valued at approximately $11.72 million during the fourth quarter of 2025 [1][2]. Fund Overview - The First Trust Global Tactical Commodity Strategy Fund (FTGC) is an actively managed ETF with net assets of around $2.4 billion, providing diversified access to global commodity markets [6]. - As of March 23, 2026, FTGC shares were priced at $27.89, reflecting an 11% increase over the past year and a distribution yield of approximately 16% [7][8]. Investment Implications - The new position in FTGC represents 1.45% of Bison Wealth's 13F reportable assets as of December 31, 2025, indicating a strategic shift towards commodities amidst market uncertainties [7][9]. - FTGC has performed well, up 20% year to date, contrasting with broader market struggles, and offers a stable yield that may attract income-focused investors [10].