8 unchanged sentences
The following quantitative disclosures regarding the Fund’s market risk exposures contain “forward-looking statements” within the meaning of the safe harbor from civil liability provided for such statements by the Private Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act and Section 21E of the Exchange Act).
−Removed: All quantitative disclosures in this section are deemed to be forward-looking statements for purposes of the safe harbor, except for statements of historical fact (such as the U.S.
+Added: All quantitative disclosures in this section
+Added: are deemed to be forward-looking statements for purposes of the safe harbor, except for statements of historical fact (such as the U.S.
dollar amount of maintenance margin required for market risk sensitive instruments held at the end of the reporting period).
6 unchanged sentences
The Fund calculates VaR using the actual historical market movements of the Fund’s net assets.
−Removed: The following table indicates the trading VaR associated with the Fund’s net assets as of September 30, 2025.
−Removed: For the Nine Months Ended
−Removed: September 30, 2025
+Added: The following table indicates the trading VaR associated with the Fund’s net assets as of March 31, 2026.
+Added: For the Three Months Ended
+Added: March 31, 2026
Daily Volatility
2 unchanged sentences
Invesco DB Agriculture Fund
+Added: 1,216,957,097
The following table indicates the trading VaR associated with the Fund’s net assets as of December 31, 2025.
17 unchanged sentences
Investors may lose all or substantially all of their investment in the Fund.
−Removed: The following were the primary trading risk exposures of the Fund as of September 30, 2025 by market sector:
+Added: The following were the primary trading risk exposures of the Fund as of March 31, 2026 by Index Commodity:
The price of cocoa is volatile.
19 unchanged sentences
corn, milo, wheat, soybeans, hay and alfalfa), live cattle production, transportation costs, political uncertainties and economic concerns.
+Added: The soybean processing industry converts soybeans into soybean meal.
+Added: Soybean meal is processed into soy flour or soy protein, which are used, along with other commodities, by livestock producers and the fish farming industry as feed.
+Added: The price movement of soybeans may be influenced by a variety of factors, including demand, weather conditions, disease, crop production, transportation costs, political uncertainties and economic concerns.
+Added: Soybean oil is sold in multiple grades and is used by the food, petroleum, and chemical industries.
+Added: The food industry uses soybean oil in cooking and salad dressings, baking and frying fats, and butter substitutes, among other uses.
+Added: In addition, the soybean industry continues to introduce soy-based products as substitutes to various petroleum-based products including lubricants, plastics, inks, crayons, and candles.
+Added: Soybean oil is also converted to biodiesel and renewable diesel for use as fuel.
+Added: The price movement of soybeans may be influenced by a variety of factors, including demand, weather conditions, disease, crop production, transportation costs, political uncertainties and economic concerns
The price of soybeans is volatile.
18 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.