Invesco Agriculture Commodity Strategy No K-1 ETFInvesco Agriculture Commodity Strategy No K-1 ETFInvesco Agriculture Commodity Strategy No K-1 ETF

Invesco Agriculture Commodity Strategy No K-1 ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪63.35 M‬USD
Fund flows (1Y)
‪29.99 M‬USD
Dividend yield (indicated)
12.73%
Discount/Premium to NAV
0.03%
Shares outstanding
‪1.75 M‬
Expense ratio
0.59%

About Invesco Agriculture Commodity Strategy No K-1 ETF


Brand
Invesco
Home page
Inception date
Aug 24, 2022
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
No distributions
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.
ISIN
US46090F3082
PDBA offers a quasi-active broad-commodity strategy, delivered in a 1940-Act, plain ETF wrapper. PDBC investors avoid K-1s, mark-to-market capital gains taxes, and counterparty risk. It relies on a Cayman Islands subsidiary to gain commodity exposure, capped at 25% each fiscal quarter. PDBA is actively managed, but it explicitly references the DBIQ Diversified Agriculture Index, which is composed of futures contracts on 11 commodities across the agriculture sector and aims to outperform that reference index. Taking an active approach, PBDA can expand the agriculture commodities it holds in response to market conditions. The fund may hold cash, cash-like instruments, or high-quality securities to collateralize its derivatives investments.

Broaden your horizons with more funds linked to PDBA via country, focus, and more.

Classification


Asset Class
Commodities
Category
Agriculture
Focus
Broad market
Niche
Variable
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PDBA trades at 36.33 USD today, its price has risen 0.41% in the past 24 hours. Track more dynamics on PDBA price chart.
PDBA net asset value is 36.17 today — it's risen 4.75% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PDBA assets under management is ‪63.35 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PDBA price has risen by 3.54% over the last month, and its yearly performance shows a 2.03% increase. See more dynamics on PDBA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.75% over the last month, showed a −1.11% decrease in three-month performance and has increased by 2.85% in a year.
PDBA fund flows account for ‪29.99 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PDBA invests in funds. See more details in our Analysis section.
PDBA expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PDBA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PDBA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PDBA shows the buy signal. See more of PDBA technicals for a more comprehensive analysis.
Yes, PDBA pays dividends to its holders with the dividend yield of 12.73%.
PDBA trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PDBA shares are issued by Invesco Ltd.
PDBA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 24, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.