FundInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
TickerPDBC · NASDAQ
Issuer (by our rules)Invesco
Category (by our rules)Equity
Expense ratio0.59%
Holdings53
Net assets (fund, SEC)$6.4B
Yield (last 12 months)2.53%
DistributionsAnnual
52-week range$13.23 – $20.37
Average volume (3 months)5,553,903
First price in our data7 Nov 2014
Issuer and category are assigned by StocksXray rules from the fund name. Expense ratio and net assets come from SEC filings; where a fund does not file them (for example grantor trusts) the field stays empty.
Returns and risk
1 month
+3.3%
3 months
+12.3%
6 months
+13.3%
Year to date
+52.1%
1 year
+53.9%
3 years a year
+15.5%
5 years a year
+12.0%
10 years a year
+9.8%
Volatility (1 year)
20.7%
Largest drop, last year
−16.6%
Largest drop in our data
−49.5%
Total return includes distributions, from end-of-day prices adjusted for splits and distributions, to 26 Oct 2026. Periods of 3 years and longer are annualised and shown only when the fund's history is long enough. Volatility is the standard deviation of daily returns over the last year, annualised. Past performance does not guarantee future results.
Cost: expense ratio
0.59% a year
On $10,000 invested that is about $59 a year in fund costs, taken out of the fund's assets. The prospectus shows 0.74% before fee waivers.
Source: the fund's prospectus, as filed with the SEC on 26 Feb 2026 (risk/return summary data). Brokerage commissions and the bid-ask spread are separate costs.
Cash paid per current share (restated for share splits), before tax, from our market-data provider.
PDBC top holdings
#
Holding
Weight
1
Invesco Premier U.S. Government Money Portfolio
78.26%
2
Invesco Liquidity Funds PLC, Invesco US Dollar Liquidity Portfolio
11.94%
3
N/A
1.39%
4
N/A
0.98%
5
N/A
0.98%
6
N/A
0.98%
7
N/A
0.98%
8
N/A
0.98%
9
N/A
0.65%
10
N/A
0.33%
The top 10 make up 97.5% of the fund, out of 53 holdings.
Positions as of 31 Jul 2026, from the fund's Form N-PORT filed with the SEC. Public N-PORT holdings are quarter-end positions published about 60 days later, so they can be months old and the fund may have changed since.
Institutional holders of PDBC (Form 13F)
At 30 June 2026, 443 institutional managers reported owning PDBC shares to the SEC. Against 31 March 2026:
73 new134 added142 reduced87 unchanged72 sold out
Among the 508 managers that filed in both quarters and held PDBC in at least one of them, the shares they report changed by −14.7%, about −$698M at the 30 Jun 2026 price (share counts restated for splits).
#
Manager
Shares
Value
Change in the quarter
1
Wells Fargo & Company
66.88M
$1.1B
−34.3%
2
Empower Advisory Group, LLC
32.75M
$520M
−5.1%
3
LPL Financial LLC
31.13M
$494M
+1.2%
4
Morgan Stanley
19.79M
$314M
−5.2%
5
State Street Corp
9.89M
$157M
+10.6%
6
SigFig Wealth Management, LLC
6.92M
$110M
+3.3%
7
Charles Schwab Investment Management Inc
5.49M
$87M
Unchanged
8
Bank of America Corp
3.88M
$62M
−20.8%
9
Cambridge Investment Research Advisors, Inc.
2.89M
$46M
+208.8%
10
Northwestern Mutual Wealth Management Co
2.71M
$43M
+0.7%
Sold out since 31 March 2026, largest first: Manufacturers Life Insurance Company, the (held $87M), 3EDGE Asset Management, LP (held $44M), New York Life Investment Management LLC (held $14M).
Quarter end
Managers reporting
Reported shares, change vs the quarter before
30 Jun 2026
443
−14.7%
31 Mar 2026
447
+5.0%
31 Dec 2025
388
+2.2%
30 Sep 2025
360
−2.0%
30 Jun 2025
383
–
Quarter-end positions, filed with the SEC up to 45 days later, so managers may have bought or sold since. Filings in this data run to 31 Aug 2026. Form 13F covers US institutional managers with at least $100 million in reportable securities and lists long positions only: options, short positions and smaller or non-US holders are not in it. A manager is a filer, not necessarily the final owner, and shares held for clients can be reported by more than one manager, so the lists overlap and are not a split of the fund; for the same reason we show no share of shares outstanding. Value is shares times the quarter-end close; change compares with the quarter before and is restated for splits. 2 filing rows were left out because the value did not fit shares times price or exceeded the whole fund. "Smart money" is a label some analysts put on large institutions: these figures show who reported holding the fund, not that they were right, and they say nothing about where the price goes next. Source: SEC Form 13F data sets, updated when the SEC publishes the next quarter.
PDBC: frequently asked questions
What is PDBC?
PDBC is the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, issued by Invesco, listed on NASDAQ. By our rules it is classed as "Equity". Its latest SEC filing lists 53 holdings.
What is the expense ratio of PDBC?
PDBC charges 0.59% a year after fee waivers (gross 0.74%), according to its prospectus filed with the SEC on 26 Feb 2026. On $10,000 that is about $59 a year in fund costs.
Does PDBC pay dividends?
Yes. PDBC paid 0.51 per share over the last 12 months, annual, a trailing yield of 2.53% on today's price. The latest ex-dividend date was 22 Dec 2025.
What does PDBC hold?
The largest holdings in the latest SEC filing are Invesco Premier U.S. Government Money Portfolio (78.3%), Invesco Liquidity Funds PLC, Invesco US Dollar Liquidity Portfolio (11.9%), N/A (1.4%). The top 10 together make up 97.5% of the fund.
How has PDBC performed?
Total return including distributions to 26 Oct 2026: 1 year +53.9%, 3 years +15.5% a year, 5 years +12.0% a year. Past performance does not guarantee future results.
Where the numbers come from
Prices and distributions end-of-day data from our market-data provider; returns are our own calculations from it.
Expense ratio and holdings SEC filings (prospectus risk/return data and Form N-PORT).
Category, issuer and leverage assigned by StocksXray rules from the fund name.
X-Ray look-through our scores applied to the SEC holdings.
Institutional holders SEC Form 13F data sets: quarter-end positions of US institutional managers, our own arithmetic on them.
StocksXray is for education only and is not financial advice or a recommendation to buy or sell anything. Past performance does not guarantee future results; funds can lose value.
