Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETFInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETFInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

No trades
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Key stats

Assets under management (AUM)
‪5.08 B‬USD
Fund flows (1Y)
‪−400.10 M‬USD
Dividend yield (indicated)
3.91%
Discount/Premium to NAV
−0.2%

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.59%
Home page
Inception date
Nov 7, 2014
Index tracked
No Underlying Index
Management style
Active
ISIN
US46090F1003
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

Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Optimized
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund64.78%
Government35.22%

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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