Key stats
About Horizon Kinetics Blockchain Development ETF
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Inception date
Aug 1, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Horizon Kinetics Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US53656G2093
BCDF actively invests in 20-50 blockchain development companies of any market-cap from around the world. The fund not only invests in blockchain stocks but in the ecosystem supporting blockchain or digital assets. Blockchain development companies are perceived to benefit from the facilitation, custody, trading, and administration of digital assets, including cryptocurrencies. It may include financial or other exchanges, custodial banks, asset managers, blockchain-related software companies, payment processors, mining companies, etc. Employing a value-driven, bottom-up approach, the advisers research and analysis leverages insights from diverse sources, including internal research, to develop and refine its investment themes. BCDF aims to identify and take advantage of trends believed to benefit individual companies or broader sub-industries. The portfolio managers have full discretion to make buy, sell, and hold decisions at any time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks91.16%
Finance65.83%
Technology Services12.90%
Commercial Services3.94%
Utilities3.71%
Miscellaneous3.17%
Consumer Services1.60%
Bonds, Cash & Other8.84%
Cash7.56%
ETF1.29%
Stock breakdown by region
North America73.91%
Asia11.36%
Europe10.72%
Oceania4.00%
Middle East0.01%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BCDF invests in stocks. The fund's major sectors are Finance, with 65.83% stocks, and Technology Services, with 12.90% of the basket. The assets are mostly located in the North America region.
BCDF last dividends amounted to 0.45 USD. The year before, the issuer paid 0.17 USD in dividends, which shows a 62.48% increase.
BCDF assets under management is 19.31 M USD. It's fallen 2.05% over the last month.
BCDF fund flows account for 5.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BCDF pays dividends to its holders with the dividend yield of 1.47%. The last dividend (Dec 26, 2024) amounted to 0.45 USD. The dividends are paid annually.
BCDF shares are issued by Horizon Kinetics Holding Corp. under the brand Horizon. The ETF was launched on Aug 1, 2022, and its management style is Active.
BCDF expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
BCDF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BCDF invests in stocks.
BCDF price has fallen by −1.63% over the last month, and its yearly performance shows a 16.49% increase. See more dynamics on BCDF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.60% over the last month, have fallen by −0.60% over the last month, showed a 2.76% increase in three-month performance and has increased by 17.00% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.60% over the last month, have fallen by −0.60% over the last month, showed a 2.76% increase in three-month performance and has increased by 17.00% in a year.
BCDF trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.