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Invesco DB Commodity Fund (NYSE Arca: DBC) names Matthew Casaccia to board

(Neutral)
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

Invesco DB Commodity Index Tracking Fund reports a governance update for its managing owner, Invesco Capital Management LLC. Jordan Krugman notified the fund on June 4, 2026 that he will resign from all positions at the managing owner and its affiliates, including the Board of Managers, effective as of the close of business on August 3, 2026.

Effective at the same time, the Board has appointed Matthew Casaccia as a member of the Board of Managers. Casaccia, age 43, is Senior Director of Financial Planning and Analysis for Investments and Global Product at Invesco Ltd and has spent 17 years with the firm in finance, distribution and transfer agency roles. His biography now replaces Krugman’s throughout the prospectus, and his application as a principal of the managing owner is being prepared.

The fund’s shares trade on NYSE Arca under the symbol DBC. The disclosure reiterates that investing in the shares involves significant risks, that the fund is not an investment company under the Investment Company Act of 1940, and that neither the SEC nor the CFTC has approved or passed on the adequacy of this disclosure.

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Effective date of board change August 3, 2026 Date when Krugman’s resignation and Casaccia’s appointment take effect
Notice of resignation date June 4, 2026 Date Jordan Krugman notified the fund of his resignation
Age of new board member 43 Age of Matthew Casaccia as disclosed in his biography
Tenure at Invesco Ltd 17 years Length of time Casaccia has spent with Invesco Ltd
Prospectus Supplement regulatory
"This Prospectus Supplement No. 2 (“Supplement No. 2”) supplements and amends"
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 regulatory
"Invesco Capital Management LLC (the “Managing Owner”) and its affiliates"
Board of Managers regulatory
"his position as a member of the Board of Managers (the “Board”)"
principal of the Managing Owner regulatory
"Mr. Casaccia’s application as a principal of the Managing Owner is being"
commodity pool financial
"THE COMMODITY FUTURES TRADING COMMISSION HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN THIS POOL"
A commodity pool is a fund that pools money from multiple investors to buy and trade raw materials or contracts tied to them—such as futures, options or other commodity-linked instruments—so participants share the gains and losses. Think of it like a mutual fund for oil, grains, metals or currency contracts where a manager makes trading decisions; it matters to investors because it concentrates commodity exposure, carries specific risks, fees and liquidity features, and can amplify returns or losses based on the manager’s strategy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What leadership change does Invesco DB Commodity Index Tracking Fund (DBC) disclose in this supplement?

The fund discloses that Jordan Krugman will resign from all positions with Invesco Capital Management LLC and its affiliates, and Matthew Casaccia will join the Board of Managers effective August 3, 2026.

Who is Matthew Casaccia in relation to Invesco DB Commodity Index Tracking Fund (DBC)?

Matthew Casaccia is appointed to the Board of Managers of the managing owner effective August 3, 2026. He is a Senior Director of Financial Planning and Analysis at Invesco Ltd, with 17 years of experience at the firm.

When does the board change for the managing owner of DBC become effective?

The change is effective as of the close of business on August 3, 2026. At that time, Jordan Krugman’s roles end and all references to him in the prospectus are replaced by references to Matthew Casaccia.

Is Invesco DB Commodity Index Tracking Fund (DBC) a mutual fund or an 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.

Where are shares of Invesco DB Commodity Index Tracking Fund (DBC) listed?

Shares of the fund are listed on NYSE Arca, Inc. under the symbol “DBC”. The supplement reminds investors that investing in these shares involves significant risks, as detailed in the risk factors section of the prospectus.

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-280601

PROSPECTUS SUPPLEMENT NO. 2

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

INVESCO DB COMMODITY INDEX TRACKING 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 Commodity Index Tracking 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 Commodity Index Tracking Fund are listed on NYSE Arca, Inc. under the symbol “DBC.”

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 THIS POOL 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-DBC-PRO-1-SUP-2 080326