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Dividend Vision

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)

Updated November 6, 2026.

Verdict as of November 6, 2026 close

BCD's distribution is rated safe by the Dividend Vision Distribution Safety Score™ (82/100, medium confidence). It pays annual and its distribution rate is 3.06%. The latest total cash payment per current share, $5.33 with an ex-date of December 30, 2025, was 372.4% higher than the previous $1.13. It is not yet confirmed whether this is an increase in the regular payout or a one-off difference.

Sources: Aberdeen, Section 19a-1 notices, scoring methodology.

BCD is an ETF. Its distribution rate is 3.06%, its trailing-12-month yield is 14.47%, its expense ratio is 0.30%. Dividend Vision Distribution Safety Score™ is 82/100 (Safe). Total return is 123.3% over the past 9.6 years, 137.1 points behind SPY at 260.4%.

This ETF tracks a three-month forward version of the Bloomberg Commodity Index through investments in exchange-traded commodity futures contracts, providing exposure to a broad range of commodities. The fund has a modest current distribution rate and makes annual distributions, though its latest payout was special and may not recur regularly. With an expense ratio of 0.30%, it appeals to investors seeking commodity market exposure as part of a diversified portfolio.

BCD dividend yield and income

Price as of 2026-11-06.

Trailing-12-month yield (14.47%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $5.329. The ex-dividend date is 12/30/2025. The payment date is 12/31/2025.

9 recorded distributions
Ex-dateAmountChange from previous payment
2025-12-30$5.329372.4%
Total cash (unclassified)
2024-12-19$1.128-18.3%
Total cash (unclassified)
2023-12-15$1.38-23.4%
Total cash (unclassified)
2022-12-16$1.801-29.4%
Total cash (unclassified)
2021-12-21$2.551680.1%
Total cash (unclassified)
2020-12-21$0.327-14.2%
Total cash (unclassified)
2019-12-19$0.3813.3%
Total cash (unclassified)
2018-12-20$0.3691950.0%
Total cash (unclassified)
2017-12-18$0.018—
2017 total (partial launch year)$0.018—
2018 total$0.369—
2019 total$0.3813.3%
2020 total$0.327-14.2%
2021 total$2.551680.1%
2022 total$1.801-29.4%
2023 total$1.38-23.4%
2024 total$1.128-18.3%
2025 total$5.329372.4%

BCD dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +372.4%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -23.38%.

TTM income vs TTM N years earlier
WindowChange
1Y+372.4%
3Y195.9%
5Y1529.7%

BCD performance versus SPY

Total return is 123.3% over the past 9.6 years, 137.1 points behind SPY at 260.4%. Over the past year its total return — price change plus distributions reinvested — is 22.5%. Its deepest 1-year drawdown was 12.7%.

WindowTotal returnCAGR
1M-4.7%—
3M2.7%—
6M-2.6%—
YTD18.9%—
1Y22.5%—
2Y CAGR—17.30%
3Y CAGR—11.70%
5Y CAGR—9.70%
Since 2017-03-31 (first price on file) · 9.6 years123.3%8.70%

BCD key facts

Distribution Safety Score™
82 · Safe
Safety-Adjusted Yield
2.51%
Issuer
Aberdeen
Asset type
ETF
Asset class
Commodity
Inception date
03/30/2017
Expense ratio
0.30%
Distribution rate
3.06%
Distribution frequency
Annual
Trailing yield
14.47%
Last close
$36.83 (as of 2026-11-06)
AUM
$441,248,606
Average volume
52,636
Dividend
$5.329
Ex-dividend date
12/30/2025
Payment date
12/31/2025
Beta
0.76

How Dividend Vision calculates yield and returns

Distribution rate (3.06%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (14.47%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · 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

BCD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. 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

BCD may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (BCD pays annual); 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.

More on BCD

Frequently asked questions

Does BCD pay monthly?

No. BCD currently pays annual, not monthly.

What is BCD's expense ratio?

BCD's expense ratio is 0.30%.

How has BCD's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +372.4%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does BCD pay a dividend?

BCD pays annual. The dividend amount is $5.329. The ex-dividend date is 12/30/2025. The payment date is 12/31/2025.

How has BCD performed?

Total return is 123.3% over the past 9.6 years, 137.1 points behind SPY at 260.4%. Over the past year its total return — price change plus distributions reinvested — is 22.5%. Its deepest 1-year drawdown was 12.7%.

Is BCD a good investment?

BCD's Dividend Vision Distribution Safety Score is 82 (Safe). That is a risk signal, not investment advice. Its distribution rate is 3.06% (no calculation basis on file). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.