Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) Research
The Invesco Agriculture Commodity Strategy No K-1 ETF is an actively managed fund, traded on exchanges, that aims to deliver significant long-term capital growth for investors. Its strategy involves investing in futures contracts based on agricultural commodities, as well as other commodity-linked futures. Additionally, the fund holds collateral assets like cash, cash equivalents, or high-quality securities, all of which are strategically chosen for their economic ties to the agriculture sector. A key objective for this ETF is to outperform the returns of the DBIQ Diversified Agriculture Index Excess Return Index, a benchmark composed of futures contracts for the eleven most actively traded agricultural commodities worldwide.
Market snapshot
- Symbol
- PDBA
- Price
- $35.52
- Day change
- -0.84%
- Market cap
- $88.8M
- 52-week range
- 33.88-38.43
- Sector
- Financial Services
- Industry
- Asset Management
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