PDBC
·NASDAQ
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Key Stats
Assets Under Management
4.62BUSD
Fund Flows (1Y)
269.46MUSD
Dividend Yield
4.22%
Discount/Premium to NAV
-0.15%
Shares Outstanding
341.35M
Expense Ratio
0.59%
About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Issuer
Invesco Capital Management LLC
Brand
Invesco
Inception Date
Nov 7, 2014
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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
Asset Class
Commodities
Category
Broad Market
Focus
Broad Market
Niche
Optimized
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.29% | +3.18% | +3.97% | +2.48% | -5.35% | -9.02% |
NAV Total Return | +0.22% | +3.15% | +4.88% | +6.38% | +4.11% | +80.10% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Invesco Premier US Government Money Portfolio
84.19%
POWERSHARES CAYMAN FUND
15.81%
Top 10 Weight 100%
2 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2024-12-23 | 2024-12-23 | 2024-12-27 | 0.575 |
| 2023-12-18 | 2023-12-19 | 2023-12-22 | 0.560 |
| 2022-12-19 | 2022-12-20 | 2022-12-23 | 1.928 |
| 2021-12-20 | 2021-12-21 | 2021-12-31 | 1.757 |
| 2021-12-03 | 2021-12-06 | 2021-12-10 | 5.390 |
| 2020-12-21 | 2020-12-22 | 2020-12-31 | 0.001 |
| 2019-12-23 | 2019-12-24 | 2019-12-31 | 0.232 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
