P
PDBC
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
$19.86
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About Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC is an exchange-traded fund run by Invesco that gives investors exposure to raw materials like oil, natural gas, gold, copper and wheat. It holds futures contracts, which are agreements to buy a commodity at a set price on a future date, plus a pile of short-term US Treasury bills as collateral. Investors pay a small annual fee, and the fund's price moves with the broad commodity market. It issues a simple tax form, so owners avoid the K-1 paperwork some commodity funds require.