BCD

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

$35.58
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) seeks to provide exposure to a broad basket of commodity futures contracts with longer dated maturities, while avoiding the tax implications of a traditional commodity ETF.

Overview

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

Category Commodities
Issuer Other
Inception Date 2017-03-31
Market Cap $314.9M
Average Volume N/A
Dividend Yield 3.17%
52-Week Range $30.58 - $36.02
VWAP $35.64

Performance

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Investment Summary

📎 Investment Objective

The abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) seeks to provide exposure to a broad basket of commodity futures contracts with longer dated maturities, while avoiding the tax implications of a traditional commodity ETF.

🎯 Investment Strategy

The fund tracks the Bloomberg All Commodity Longer Dated Index, which holds a diversified portfolio of commodity futures contracts across energy, agriculture, industrial metals, and precious metals sectors. The index targets longer dated maturities, typically 4-6 months, to potentially benefit from the shape of the commodity futures curve.

✨ Key Features

  • Broad commodity exposure across multiple sectors
  • Focuses on longer dated futures contracts to potentially capture roll yield
  • Structured as an ETF to avoid the tax reporting requirements of a commodity pool
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Commodity price volatility and potential for losses
  • Risks associated with futures contracts, including contango and backwardation
  • Concentration in the commodity sector, which may underperform other asset classes
  • Lack of performance history, as the fund is relatively new

👤 Best For

This ETF may be suitable for investors seeking broad commodity exposure as part of a diversified portfolio, with a longer-term investment horizon. It may be particularly appealing to those looking to avoid the tax complexities of a traditional commodity fund. However, investors should be comfortable with the inherent volatility and risks of the commodity futures market.