Campbell Fund Trust 8-KChanges in Control of Registrant

Date of Report (Date of earliest event reported): November 7, 2024

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Campbell & Company, LP (“Campbell”) is the managing operator, commodity pool operator, and commodity trading advisor of the Campbell Fund Trust.

Campbell is pleased to announce that effective November 7, 2024, as part of the long-planned transition of majority ownership of Campbell & Company, LP, majority ownership transitioned to its senior executives and employees. Prior to November 7, 2024, Campbell’s founder D. Keith Campbell, through KC Holding, Inc., was the majority owner of Campbell & Company, LP.  Campbell senior executives and employees held a minority ownership interest.

Effective November 7, 2024, Campbell senior executives and employees increased their ownership to 80%, by redeeming a portion of interests held by Mr. Campbell and his family, who will continue to own 20%.  Pursuant to the transition agreement, for a period of ten years beginning January 1, 2025, the founder will receive a percentage of net profits in excess of a threshold designed to protect working capital and reserves, which threshold will be adjusted each year for inflation.  As a result, the transition will align the interests of Campbell, its executives and employees, and its founder, as they will continue to participate in the success of the Company.

Nothing will change in the day-to-day operation of the business. We believe this transaction will put the company in a position to continue its 52-year track record of providing strong, lowly correlated risk-adjusted returns to our investors.

As a result of a long-term succession plan pursuant to which majority ownership of Campbell & Company is being transitioned from its founder, D. Keith Campbell, to employees of the company, Mr. Campbell is no longer a Principal of the Campbell Fund Trust and has retired as Chairman of the Board of Campbell & Company’s general partner.