Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA)
Invesco Agriculture Commodity Strategy No K-1 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $37.14, up 0.77% on the session, giving a market capitalisation of $310.1M. Its beta of 0.33 implies it has historically moved less than the broad market.
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.
Invesco Agriculture Commodity Strategy No K-1 ETF is most often compared with the following Financial Services names: