Invesco Balanced-Risk Commodity Strategy Fund Q1 2025 Commentary
2025-05-13 05:15:00 ET
Summary
- The fund had a positive return but underperformed its benchmark.
- Underperformance mainly stemmed from both strategic and tactical underweights in natural gas, along with contract selection in copper.
- The Bloomberg Commodity Index produced its highest quarterly gain since the first quarter of 2022.
- All four major sub-complexes had positive outcomes, but results were highly concentrated in a handful of commodities.
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Invesco Balanced-Risk Commodity Strategy Fund Q1 2025 CommentaryNASDAQ: PGX
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