BCD ETF — abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD)

BCD is an ETF. its trailing-12-month yield is 13.66%, its expense ratio is 0.30%. Total return is 136.6% over the past 9.5 years, 137.9 points behind SPY at 274.5%.

BCD is an ETF that tracks a three-month forward version of the Bloomberg Commodity Index through investments in exchange-traded commodity futures contracts, providing exposure to a broad basket of commodities. The fund has a current distribution rate in the low-to-mid single digits with an expense ratio of 0.30%; it does not maintain a regular distribution schedule, though it has made special distributions. The fund appeals to investors seeking commodity market exposure as part of a diversified portfolio.

BCD performance versus SPY

Price and return data through 2026-09-18.

Total return is 136.6% over the past 9.5 years, 137.9 points behind SPY at 274.5%. Over the past year its total return — price change plus distributions reinvested — is 35.0%. Its deepest 1-year drawdown was 12.7%.

BCD key facts

Issuer

Aberdeen

Asset type

ETF

Asset class

Commodity

Inception date

03/30/2017

Expense ratio

0.30%

Distribution frequency

None

Trailing yield

13.66%

Last close

$39.01 (as of 2026-09-18)

NAV

$39.17

Premium / discount

0.41% discount

AUM

$448,127,781

Average volume

30800.0

Last ex-dividend date

12/30/2025 (as of 2025-12-30)

Last payment date

12/31/2025 (as of 2025-12-31)

Beta

0.76

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (13.66%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Aberdeen; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BCD risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.7%.

Who may consider BCD — and who may not

It is a weaker fit for investors who need monthly cash flow (BCD does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Aberdeen.