About Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA)

Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) is an exchange-traded fund that seeks to provide investment results that correspond to the performance of the DBIQ Optimum Yield Agriculture Index Excess Return. The fund aims to achieve its investment objective by investing in futures contracts on certain agricultural commodities. PDBA offers investors exposure to various agricultural commodities, including corn, wheat, soybeans, and sugar. By investing in PDBA, investors can gain exposure to the agricultural sector without directly owning physical commodities.

PDBA is designed to provide investors with a convenient and cost-effective way to access the agricultural commodity market. Unlike traditional commodity funds, PDBA does not generate a Schedule K-1 tax form, which makes it an attractive option for investors looking to simplify their tax reporting. Additionally, PDBA employs a proprietary smart-beta strategy that seeks to enhance returns by focusing on commodities with the highest roll yield potential. This innovative approach aims to capture the positive impact of backwardation in the futures market.