Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company profile
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 the world's most heavily traded commodities. The Invesco Optimum Yield Diversified Commodity StrategyNo K-1 ETF (PDBC), as the name implies, offers exposure to commodity futures without the tax hassle of a K-1, which some investors avoid. The fund is actively-managed, and tries to avoid “negative roll yield,” a well-known problem of passive commodity funds that can substantially erode returns over time.