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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Agriculture Commodity Strategy No K-1 ETF

PDBA | Active ETF

$36.32

$323 M

3.11%

$1.13

0.75%

Vitals

YTD Return

6.8%

1 yr return

5.7%

3 Yr Avg Return

14.0%

5 Yr Avg Return

N/A

Net Assets

$323 M

Holdings in Top 10

93.6%

52 WEEK LOW AND HIGH

$36.3
$33.91
$38.31

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Agriculture Commodity Strategy No K-1 ETF

PDBA | Active ETF

$36.32

$323 M

3.11%

$1.13

0.75%

PDBA - Profile

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 14.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Invesco Agriculture Commodity Strategy No K-1 ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Aug 24, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to commodities drawn from the agriculture sector.
Under normal circumstances, the Fund invests, either directly or through a wholly-owned subsidiary (the “Subsidiary”), in a combination of three categories of investments:
● Commodities Futures – exchange-traded futures contracts on underlying commodities.
● Commodity-Linked Instruments – other instruments whose value is derived from or linked to price movements of underlying physical commodities, represented by exchange-traded futures contracts on commodity indices, commodity-linked notes, exchange-traded options on Commodities Futures, swaps on commodities and commodity-related forward contracts.
● Collateral – cash, cash-like instruments or high-quality securities. The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; and/or (3) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or determined by the Adviser to be of comparable quality. Such Collateral is designed to provide liquidity, serve as margin or otherwise collateralize investments in the Commodities Futures and Commodity-Linked Instruments.
The Fund will not invest directly in physical commodities, Commodities Futures or Commodity-Linked Instruments. Instead, the Fund attempts to obtain investment returns that are highly correlated to the agriculture commodities markets by investing in these instruments indirectly through its Subsidiary. The Fund’s investment in the Subsidiary is expected to provide the Fund with exposure to Commodities Futures and Commodity-Linked Instruments in accordance with the limits of the federal tax laws, which limit the ability of investment companies like the Fund to invest directly in such investments. The Fund’s investment in the Subsidiary may not exceed 25% of the Fund’s total assets at each quarter-end of the Fund’s fiscal year. The Subsidiary operates under Cayman Islands law. It is wholly-owned and controlled by the Fund and advised by the Adviser. The Subsidiary has the same investment objective as the Fund and will follow the same general investment policies and restrictions, except that unlike the Fund, it may invest without limitation in Commodities Futures and Commodity-Linked Instruments. Except as noted, for purposes of this Prospectus, references to the Fund’s investment strategies and risks include those of its Subsidiary.
The Subsidiary will invest in Commodities Futures (or gain exposure to Commodities Futures through the use of swaps) that generally are representative of the components of the DBIQ Diversified Agriculture Index Excess Return (the “Benchmark”), an index composed of futures contracts on commodities drawn from the agriculture sector.Commodities represented in the Benchmark may include, but are not limited to, corn, soybeans, soybean meal, soybean oil, wheat, Kansas wheat, sugar, cocoa, coffee, cotton, live cattle, feeder cattle, and lean hogs. Not all commodities listed may be represented in the Benchmark at any given time. Although the Subsidiary generally provides exposure to the components of the Benchmark, the Fund is not an “index tracking” ETF and instead seeks to exceed the performance of the Benchmark. Therefore, the Subsidiary may not seek exposure to all of the Benchmark’s components or in the same proportion as the Benchmark. The Subsidiary may invest in Commodities Futures (or gain exposure to such Commodities Futures through the use of swaps) that are not included in the Benchmark, but reference a commodity represented in the Benchmark by a different futures contract. At times, the Subsidiary also may invest in agriculture Commodities Futures outside the Benchmark, invest in Commodities Futures with expirations beyond those contained in the Benchmark or emphasize some agriculture commodities more than others.
The Subsidiary also invests a portion of its assets in Commodity-Linked Instruments to seek to increase its investment returns or hedge against
declines in the value of its other investments. Although the Fund does not seek leveraged returns, investing in Commodity-Linked Instruments may have a leveraging effect on the Fund. The Commodity-Linked Instruments may be exchange-traded or traded over-the-counter (“OTC”).
Because the Fund intends to qualify as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986, as amended (“Code”), the Fund’s investments in the Subsidiary and Commodities Futures are limited by certain requirements of the Code and related Internal Revenue Service regulations. Accordingly, the Fund (and the Subsidiary, as applicable) invests its remaining assets directly in Collateral, which consists of high-quality securities such as U.S. Treasuries, other U.S. Government obligations, money market funds, cash and cash-like equivalents (e.g., high quality commercial paper and similar instruments that are rated investment grade or, if unrated, of comparable quality as the Adviser may determine) that provide liquidity, serve as margin or collateralize the Subsidiary’s investments in Commodities Futures and Commodity-Linked Instruments.
The phrase “No K-1” in the Fund’s name means that the Fund does not issue a Schedule K-1, which is the tax reporting form issued by commodities partnerships. Schedule K-1 typically presents additional complexities. Instead, like most other ETFs, the Fund reports income on Form 1099.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in investments that provide exposure to agriculture commodities and/or agriculture commodities futures contracts.
Read More

PDBA - Performance

Return Ranking - Trailing

Period PDBA Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% N/A N/A N/A
1 Yr 5.7% N/A N/A N/A
3 Yr 14.0%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period PDBA Return Category Return Low Category Return High Rank in Category (%)
2025 -4.0% N/A N/A N/A
2024 18.6% N/A N/A N/A
2023 1.0% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period PDBA Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% N/A N/A N/A
1 Yr 5.7% N/A N/A N/A
3 Yr 14.0%* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period PDBA Return Category Return Low Category Return High Rank in Category (%)
2025 -0.8% N/A N/A N/A
2024 34.2% N/A N/A N/A
2023 7.8% N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

PDBA - Holdings

Concentration Analysis

PDBA Category Low Category High PDBA % Rank
Net Assets 323 M N/A N/A N/A
Number of Holdings 15 N/A N/A N/A
Net Assets in Top 10 63.9 M N/A N/A N/A
Weighting of Top 10 93.57% N/A N/A N/A

Top 10 Holdings

  1. Invesco Premier U.S. Government Money Portfolio, Institutional Class 76.18%
  2. Invesco Liquidity Funds PLC, Invesco US Dollar Liquidity Portfolio, Agency Class 14.93%
  3. Live Cattle Future 1.04%
  4. Lean Hogs Future 0.87%
  5. CME Feeder Cattle Future 0.48%
  6. Soybean Oil Future 0.24%
  7. Soybean Future 0.06%
  8. Kansas City Wheat Future 0.00%
  9. Cotton No. 2 Future -0.01%
  10. Corn Future -0.22%

Asset Allocation

Weighting Return Low Return High PDBA % Rank
Cash 		100.42% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A
Other 		-0.42% N/A N/A N/A

PDBA - Expenses

Operational Fees

PDBA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% N/A N/A N/A
Management Fee 0.59% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

PDBA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

PDBA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PDBA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

PDBA - Distributions

Dividend Yield Analysis

PDBA Category Low Category High PDBA % Rank
Dividend Yield 3.11% N/A N/A N/A

Dividend Distribution Analysis

PDBA Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

PDBA Category Low Category High PDBA % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

PDBA Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

PDBA - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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