Key stats
About Invesco Agriculture Commodity Strategy No K-1 ETF
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Inception date
Aug 24, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
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.
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
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PDBA last dividends amounted to 4.61 USD. The year before, the issuer paid 2.04 USD in dividends, which shows a 55.81% increase.
PDBA assets under management is 79.38 M USD. It's risen 29.35% over the last month.
PDBA fund flows account for 48.17 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, PDBA pays dividends to its holders with the dividend yield of 12.88%. The last dividend (Dec 27, 2024) amounted to 4.61 USD. The dividends are paid annually.
PDBA shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Aug 24, 2022, and its management style is Active.
PDBA expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
PDBA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PDBA invests in funds.
PDBA price has fallen by −1.50% over the last month, and its yearly performance shows a −2.89% decrease. See more dynamics on PDBA price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.54% over the last month, showed a 2.01% increase in three-month performance and has decreased by −3.28% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.54% over the last month, showed a 2.01% increase in three-month performance and has decreased by −3.28% in a year.
PDBA trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.