Key stats
About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
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Inception date
Nov 7, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PDBC offers a quasi-active broad-commodity strategy, delivered in a 1940-Act, plain ETF wrapper. PDBC investors therefore avoid K-1s, mark-to-market capital gains taxes, and counterparty risk, instead relying on the fund's investment in an offshore subsidiary to gain commodity exposure. PDBC's commodity portfolio is nearly identical to that of sibling fund DBC, known for its optimized strategy of selecting futures contracts to mitigate contango. PDBC is actively-managed but it explicitly references DBC's underlying index, which is composed of futures contracts on 14 commodities across the energy, precious metals, industrial metals and agriculture sectors with the aim of outperforming the reverence index.
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
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.00%
Top 10 holdings
Symbol
Assets
A
AIM Treasurers Series Funds Inc Premier US Government Money Portfolio Institutional
87.67%
M
MUTUAL FUND (OTHER)
12.33%
Top 10 weight100.00%
2 total holdings
Dividends
Dec '19
Dec '20
Dec '21
Dec '21
Dec '22
Dec '23
Dec '24
0.00
1.50
3.00
4.50
6.00
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Dec 23, 2024
Dec 23, 2024
Dec 27, 2024
0.575
Annual
Dec 18, 2023
Dec 19, 2023
Dec 22, 2023
0.560
Annual