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ETF IssuersInvescoPDBC
PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is a fund that operates within the commodities market universe. This exchange-traded is an actively managed ETF. As such, it does not seek to replicate the performance of an index. It offers investors exposure to a broad range of commodity sectors. These sectors encompass Energy, Precious Metals, Industrial Metals, and Agriculture. The PDBC’s composition strives to provide a diverse blend of these sectors to balance potential risks and rewards within the unpredictable commodity markets. As denoted by the term "No K-1", an attribute of this ETF is its structure which is designed to circumvent the need for K-1 tax reporting, which can be beneficial for investors come tax time. Furthermore, the ETF structure offers liquid access to diversified commodity exposure. Investors have the convenience of buying or selling shares in real time throughout the trading day. It is important for interested parties to conduct their own due diligence before proceeding with any form of investment. This summary only provides preliminary information about PDBC's operation and composition without any recommendation on its suitability as an investment option. It must be noted that investing in commodities involves certain risks including market price fluctuations, regulatory changes, interest rate risk, credit risk, liquidity risk, and more. Finally, consider that each investor's financial circumstances and risk tolerance are unique; individual investment decisions should therefore be based on thorough research and careful consideration.

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$18.06
+$0.25 (+1.40%) yesterday
1:30 PM 07/23/26 Closed
1D price range
$18.06$18.23
52W price range
$12.89$18.91
YTD Perf.
+34.33%
YTD Flows
Annualized volatility
Fund AuM
€5.7B
Share class AuM
€5.7B
TTM Yield
Tracking Error
Tracking Difference
ISIN
US46090F1003
TER
0.74%
Inception date
11/7/2014
Issuer
Dividend policy
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FAQ about PDBC

PDBC is a Active ETF. This ETF provides exposure to multiple commodities.
PDBC carries a total expense ratio (TER) of 0.74%, indicating the annual cost for holding the fund.
PDBC was introduced to the market on November 7, 2014. It trades on United States
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, PDBC, is provided by Invesco. Learn more about Invesco here.
PDBC oversees €5.7B in assets as of July 22, 2026.
PDBC follows a distributing dividend policy, meaning it pays out income to investors. As of July 22, 2026, its 12-month trailing yield was 2.85%.
The base currency of PDBC is USD.

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