PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

An exchange-traded fund that gives everyday investors an easy way to own a spread of commodities — energy, precious and industrial metals, and agriculture — through futures contracts, without ever handling a barrel of oil or a bar of gold. Launched in 2014, it is actively managed to ease the "roll yield" drag that often eats into commodity funds when contracts are renewed. The name holds the punchline: because it's structured to skip the partnership paperwork, investors get a plain 1099 at tax time instead of the dreaded K-1 form.

Optimum Yield Diversified Commodity Strategy No K-1 ETF