PDBC does not own stocks that pay dividends. Instead, it holds commodity futures contracts across energy, metals, and agricultural markets. The fund's primary portfolio holding is a money market instrument, Invesco Premier US Government Money Market, which represents roughly 78% of the fund's assets.
At 7:46 a.m. Monday, Doornbos had posted on X that Iranian officials were still considering a U.S. proposal to end the war, 'centering around uranium enrichment.'
KLIP does not collect dividends from Chinese companies. The fund runs a 'covered call' or 'buy-write' strategy: it buys shares of the KraneShares CSI China Internet ETF (KWEB) and writes, or sells, corresponding call options on KWEB.
The Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) is up 42% over the past year, and nearly 29% year-to-date. These gains reflect a war that has scrambled global commodity supply chains from crude oil to wheat to fertilizer.
The markets appear to be on the road to recovery after yesterday's sell-off. President Trump revealed he would not exert extreme force in his pursuit to acquire the territory of Greenland. He also predicts that the U.S. stock market is poised to double in value sooner than later. Big Tech stocks are mixed, with chipmakers Nvidia ( Nasdaq; NVDA) and Micron Technology ( Nasdaq; MU) recapturing ground while Microsoft ( Nasdaq: MSFT) and Broadcom ( Nasdaq: AVGO) are seeing red.
