Invesco DB Agriculture Fund (NYSE Arca: DBA) names new board member at managing owner

Rhea-AI Filing Summary

Invesco DB Multi-Sector Commodity Trust and Invesco DB Agriculture Fund update their prospectus to reflect a board change at Invesco Capital Management LLC, the managing owner. Jordan Krugman will resign from all positions with the managing owner and its affiliates effective at the close of business on August 3, 2026.

Effective the same time, Matthew Casaccia, age 43, is appointed to the Board of Managers of the managing owner and replaces all references to Mr. Krugman in the prospectus. Casaccia is Senior Director of Financial Planning and Analysis for Investments and Global Product at Invesco Ltd and has 17 years of experience at Invesco in finance, distribution and transfer agency roles. His application as a principal of the managing owner is being prepared. Shares of the Invesco DB Agriculture Fund trade on NYSE Arca under the symbol DBA.

Key Figures

Effective date of resignation and appointment: August 3, 2026 Age of new board member: 43 Tenure at Invesco Ltd: 17 years +3 more

6 metrics

Effective date of resignation and appointment August 3, 2026 Date when Krugman resigns and Casaccia joins the Board at close of business

Age of new board member 43 Age of Matthew Casaccia as disclosed in his biography

Tenure at Invesco Ltd 17 years Experience of Matthew Casaccia with Invesco Ltd in various roles

Prospectus date August 26, 2025 Original prospectus date referenced by Prospectus Supplement No. 2

Prospectus amendment date November 10, 2025 Date the original prospectus was amended before this supplement

Supplement date August 3, 2026 Dated as the date of Prospectus Supplement No. 2

Key Terms

Prospectus Supplement, Managing Owner, Board of Managers, principal of the Managing Owner, +2 more

6 terms

Prospectus Supplement regulatory

"This Prospectus Supplement No. 2 supplements and amends the Prospectus"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

Managing Owner financial

"Invesco Capital Management LLC (the “Managing Owner”)"

Board of Managers financial

"appointed Mr. Matthew Casaccia to serve as a member of the Board of the Managing Owner"

principal of the Managing Owner regulatory

"Mr. Casaccia’s application as a principal of the Managing Owner is being prepared"

Investment Company Act of 1940 regulatory

"not a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

commodity futures financial

"THE COMMODITY FUTURES TRADING COMMISSION HAS NOT PASSED UPON THE MERITS"

Offering Details

shelf

Offering

Offering Type shelf

FAQ

What governance change is disclosed for Invesco DB Agriculture Fund (DBA)?

The supplement states that Jordan Krugman will resign from all positions at the managing owner on August 3, 2026, and Matthew Casaccia will join the Board of Managers effective at the same time.

Who is replacing Jordan Krugman at the managing owner for DBA?

Matthew Casaccia will replace Jordan Krugman on the Board of Managers of Invesco Capital Management LLC effective at the close of business on August 3, 2026, and all prospectus references to Krugman are replaced by Casaccia.

What is Matthew Casaccia’s background relevant to DBA?

The filing describes Matthew Casaccia, age 43, as Senior Director of Financial Planning and Analysis for Investments and Global Product at Invesco Ltd, with 17 years at Invesco in finance, distribution, and North American transfer agency roles.

Is Invesco DB Agriculture Fund (DBA) a mutual fund or investment company?

No. The disclosure states the fund is not a mutual fund or any other type of investment company under the Investment Company Act of 1940 and is therefore not subject to regulation under that Act.

On which exchange are DBA shares listed?

The document notes that shares of the Invesco DB Agriculture Fund are listed on NYSE Arca, Inc. under the trading symbol DBA, providing exchange-traded access to the fund’s commodity-linked strategy.

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Available on EDGAR 08/12/2026 - 07:10 PM Accepted by SEC EDGAR 08/03/2026 - 04:52 PM Learn about SEC filing dates

Filed Pursuant to Rule 424(b)(3)

Registration Nos. 333-280604

333-280604-01

PROSPECTUS SUPPLEMENT NO. 2

(to Prospectus dated August 26, 2025, as amended November 10, 2025)

INVESCO DB MULTI-SECTOR COMMODITY TRUST

INVESCO DB AGRICULTURE FUND

This Prospectus Supplement No. 2 (“Supplement No. 2”) supplements and amends the Prospectus dated August 26, 2025, as amended November 10, 2025 (the “Prospectus”).

On June 4, 2026, Mr. Jordan Krugman gave notice to the Invesco DB Multi-Sector Commodity Trust and the Invesco DB Agriculture Fund that he is resigning from all positions at Invesco Capital Management LLC (the “Managing Owner”) and its affiliates, including his position as a member of the Board of Managers (the “Board”) of the Managing Owner, effective as of the close of business on August 3, 2026 (the “Effective Date”). On July 31, 2026, the Board appointed Mr. Matthew Casaccia to serve as a member of the Board of the Managing Owner, effective as of the close of business on the Effective Date.

Accordingly, as of the close of business on the Effective Date, all references to Mr. Krugman are deleted and replaced by Mr. Casaccia. In addition, the following biography for Mr. Casaccia replaces Mr. Krugman’s biography on page 57 of the Prospectus:

Matthew Casaccia (43) is Senior Director of Financial Planning and Analysis for Investments (since December 2023) and Global Product (since March 2025) with Invesco Ltd, a global investment management company affiliated with the Managing Owner. In this capacity, Mr. Casaccia is responsible for general management support, in addition to executing on various strategic initiatives and overseeing the financial framework for these business units. He also has served as a member of the Board of Managers of the Managing Owner since August 2026. Prior to these roles, Mr. Casaccia served as Senior Manager, Financial Planning and Analysis for Wealth Management Intermediaries, which is the distribution organization with Invesco Ltd, since May 2019. Overall, he has spent the last 17 years with Invesco Ltd with experience in finance, distribution and the North American transfer agency. Mr. Casaccia holds a BS in Business Administration from Stephen F. Austin State University. Mr. Casaccia’s application as a principal of the Managing Owner is being prepared for submission.

Supplement No. 2 should be read together with the Prospectus.

Shares of the Invesco DB Agriculture Fund are listed on NYSE Arca, Inc. under the symbol “DBA”.

Investing in the Shares involves significant risks. See “RISK FACTORS” starting on page 12 of the Prospectus.

These securities have not been approved or disapproved by the Securities and Exchange Commission or any state securities commission nor has the Securities and Exchange Commission passed upon the adequacy or accuracy of the Prospectus or this Prospectus Supplement No. 2. Any representation to the contrary is a criminal offense.

The Fund is not a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

THE COMMODITY FUTURES TRADING COMMISSION HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN THESE POOLS NOR HAS THE COMMISSION PASSED ON THE ADEQUACY OR ACCURACY OF THIS DISCLOSURE DOCUMENT.

The date of this Prospectus Supplement No. 2 is August 3, 2026.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

P-DBA-PRO-1-SUP-2 080326