abrdn Bloomberg All Commodity Strategy K-1 Free ETF
abrdn ETFs · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
abrdn Bloomberg All Commodity Strategy K-1 Free ETF is a U.S. bond index ETF that tracks the Bloomberg Commodity Index Total Return.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Rate sensitivity
- Short duration
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q2
The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (the Fund) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Commodity Index Total Return SM (the Index).
The fund tracks the Bloomberg Commodity Index Total Return through a passive indexing approach, gaining exposure to 25 commodity futures contracts across energy, agriculture, and metals by investing in those contracts through a wholly-owned Cayman Islands subsidiary and holding short-term fixed income securities as collateral. The sub-adviser, Vident Asset Management, makes day-to-day investment decisions. Because the fund is non-diversified under the 1940 Act, its value may move substantially with changes in a single commodity or sector. The fund is structured to distribute Form 1099s rather than Schedule K-1s, simplifying tax reporting for shareholders.
| Share class | Expense ratio | As of |
|---|---|---|
| BCI | 0.26% | 2025 Q2 |
Portfolio turnover 0.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 73.86% |
| Cash & short-term | 25.76% |
| Derivatives | -8.63% |
These positions come to 90.99% of net assets. Not everything a fund owns is reported as a holding — uninvested cash is collected at fund level instead — so the total is not expected to reach 100%.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury ×8
Largest exited: United States Treasury ×8
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 100% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 0.06 yr | 100% |
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.06 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| GVMXX | State Street Global AdvisorsGVMXX | 25.76% | $586.98M | — |
| — | United States Treasury0.00% · due 2026-07-14 | 5.17% | $117.85M | — |
| — | United States Treasury0.00% · due 2026-07-02 | 5.13% | $116.99M | — |
| — | United States Treasury0.00% · due 2026-07-07 | 5.09% | $115.93M | — |
| — | United States Treasury0.00% · due 2026-08-13 | 5.07% | $115.50M | — |
| — | United States Treasury0.00% · due 2026-08-20 | 5.07% | $115.41M | — |
| — | United States Treasury0.00% · due 2026-07-21 | 5.04% | $114.77M | — |
| — | United States Treasury0.00% · due 2026-07-30 | 5.03% | $114.67M | — |
| — | United States Treasury0.00% · due 2026-07-28 | 4.99% | $113.69M | — |
| — | United States Treasury0.00% · due 2026-08-06 | 4.94% | $112.59M | — |
Top 10 positions are 71.29% of net assets, top 25 100.66%, across 9 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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