Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Frequently Asked Questions About PDBC

What does PDBC invest in?

Invesco Actively Managed Exchange-Traded Commodity Fund Trust- Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in the commodity markets. The fund invests directly, through derivatives, and through other funds in commodities. The fund primarily invests in energy, precious metals, industrial metals, and agriculture commodities. It invests through the wholly owned Cayman Islands subsidiary. The fund seeks to benchmark the performance of its portfolio against the MSCI ACWI Index (Net), the Bloomberg Global Aggregate Index, the DBIQ Optimum Yield Diversified Commodity Index Excess Return index and the DBIQ Optimum Yield Diversified Commodity Index Total Return, the MSCI ACWI (Net) and the Bloomberg Global Aggregate Index. Invesco Actively Managed Exchange-Traded Commodity Fund Trust- Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF was formed on November 5, 2014 and is domiciled in the United States.

What is the expense ratio of PDBC?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

What is PDBC's dividend yield?

PDBC's trailing-twelve-month yield is 2.50%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PDBC?

Effective duration measures PDBC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PDBC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PDBC?

PDBC's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PDBC?

Yield to maturity (YTM) is the total return you'd earn from PDBC if every bond in the portfolio is held to maturity at the current price. PDBC's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.