Key stats
About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Expense ratio
0.59%
Home page
Inception date
Nov 7, 2014
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
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund64.47%
Government35.53%
PDBC Harmonics: ABCD and Butterfly PatternPDBC is an Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structure
PDBC long We can see very high inflation in coming days.
This has been consolidating for 6 weeks and at the support of most moving averages on every timeframe.
Target 1 $19.90
Target 2 $22.38
Target 3 $25.22
My stop loss below: $17
Note: I am no financial advisor, post here for fun.
Economic Game Mechanics: Part 2DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. The function of this essay is the maddening diatribe of a curious author, and how this one manages micro- and macro-economic data for a critical investigation into the micro- and
Inflation Is Real and Commodities Are Showing ThisInflation fears are getting real yet there appears to be no sign of the money printing ending as a +3 trillion dollar budget agreement has been reached this week in the US, and the unbelievable rally in commodities since March of 2020 is a manifestation of this.
Its been higher higher after higher h
See all ideas