PDBC Stock Recent News

The US Dollar Index fell below the crucial 100 level on Thursday, with some economists predicting softer US real GDP growth in late 2023 and a potential recession in 2024. Despite a falling dollar and positive economic outlook, commodity prices remain unstable, with the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) expected to continue fluctuating. The PDBC, which has high exposure to energy-related commodities, has not shown signs of a new bull market, despite US oil prices recently rising above $75.

PDBC is the largest and highest-traded commodity ETF and a popular choice among investors. Though its returns are superior to those of its closest competitors, if an investor has room for just one commodity fund in their portfolio, there are better options.

This is the issuer's first foray into the asset class.

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is standing out from its commodities ETFs peers as it continues to accrete strong inflows. PDBC has garnered $232 million in net flows year to date.

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