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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>RBC ENHANCED PS01 ER RBCAPS01</indexName>
                <indexIdentifier>RBCAPS01</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.2"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>471905553.6</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-46165584.41</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENHANCED OPY BASKET BCKTOPY1</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>ENHANCED OPY BASKET BCKTOPY1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BCKTOPY1"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-21818690.57</valUSD>
        <pctVal>-0.49803147764</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BNP PARIBAS</counterpartyName>
              <counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>ENHANCED OPY BASKET BCKTOPY1</indexName>
                <indexIdentifier>BCKTOPY1</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.20"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>222665873.4</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-21818690.57</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Premier U.S. Government Money Portfolio</name>
        <lei>549300TCMEM5428K3T88</lei>
        <title>Invesco Premier U.S. Government Money Portfolio, Institutional Class</title>
        <cusip>00142W843</cusip>
        <identifiers>
          <isin value="US00142W8432"/>
        </identifiers>
        <balance>3442471922.03000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3442471922.03000000</valUSD>
        <pctVal>78.57755590676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MANAGED COMMODITY STRATEGY GSEBA001 GSEBA001</name>
        <lei>N/A</lei>
        <title>MANAGED COMMODITY STRATEGY GSEBA001 GSEBA001</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GSEBA001"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-38793686.43</valUSD>
        <pctVal>-0.88550121346</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MANAGED COMMODITY STRATEGY GSEBA001 GSEBA001</indexName>
                <indexIdentifier>GSEBA001</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.22"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>397293640.1</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-38793686.43</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Copper Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FVN1B540"/>
        </identifiers>
        <balance>314.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1757938.52000000</valUSD>
        <pctVal>-0.04012654727</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Copper</issuerName>
                <issueTitle>LME Copper</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-05-19</expDate>
            <notionalAmt>73522246.02000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1757938.52000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>New York Harbor Ultra-Low Sulfur Diesel Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOM5"/>
        </identifiers>
        <balance>2242.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-25565227.79</valUSD>
        <pctVal>-0.58354960082</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>New York Mercantile Exchange, Inc.</counterpartyName>
              <counterpartyLei>5493008GFNDTXFPHWI47</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NYMEX NY Harbor ULSD Futures</issuerName>
                <issueTitle>NYMEX NY Harbor ULSD Futures</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-05-30</expDate>
            <notionalAmt>214062722.99000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-25565227.79</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>Citibank NA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CIXBICPI"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-34019092.95</valUSD>
        <pctVal>-0.77651677013</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citigroup Global Markets Inc.</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Citibank NA</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.21"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>347606068.3</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-34019092.95</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Gold 100 Oz. Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GCM5"/>
        </identifiers>
        <balance>495.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>19541540.07</valUSD>
        <pctVal>0.446053444191</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Commodities Exchange Inc.</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Gold 100 Oz.</issuerName>
                <issueTitle>Gold 100 Oz.</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-06-26</expDate>
            <notionalAmt>144753909.93000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>19541540.07</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Gasoline Reformulated Blendstock Oxygenate Blending Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XBZ5"/>
        </identifiers>
        <balance>2600.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-24643295.47</valUSD>
        <pctVal>-0.56250565622</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>New York Mercantile Exchange, Inc.</counterpartyName>
              <counterpartyLei>5493008GFNDTXFPHWI47</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Bloomberg 87 Octane RBOB Gasoline Prompt Month Spot Pipeline Px/New York Harbor</indexName>
                <indexIdentifier>RBOB87PM</indexIdentifier>
                <narrativeDesc>N/A</narrativeDesc>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2025-11-28</expDate>
            <notionalAmt>209780975.47000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-24643295.47</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Natural Gas Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGJ26"/>
        </identifiers>
        <balance>4203.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7553012.07000000</valUSD>
        <pctVal>0.172404377330</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>New York Mercantile Exchange, Inc.</counterpartyName>
              <counterpartyLei>5493008GFNDTXFPHWI47</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Henry Hub Natural Gas Spot Price</indexName>
                <indexIdentifier>NGUSHHUB</indexIdentifier>
                <narrativeDesc>N/A</narrativeDesc>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-03-27</expDate>
            <notionalAmt>152076927.93000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>7553012.07000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MSCYIZ02 MSCYIZ02</name>
        <lei>N/A</lei>
        <title>MSCYIZ02 MSCYIZ02</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="MSCYIZ02"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-19413875.69</valUSD>
        <pctVal>-0.44313938848</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley &amp; Co. International PLC</counterpartyName>
              <counterpartyLei>4PQUHN3JPFGFNF3BB653</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCYIZ02 MSCYIZ02</indexName>
                <indexIdentifier>MSCYIZ02</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.2"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>199738418.5</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-19413875.69</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>WTI Crude Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CLZ5"/>
        </identifiers>
        <balance>3120.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-22852189.37000000</valUSD>
        <pctVal>-0.52162202872</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>New York Mercantile Exchange, Inc.</counterpartyName>
              <counterpartyLei>5493008GFNDTXFPHWI47</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CRUDE OIL DOMESTIC SWEET (DSW) CUSHING CASH FORMULA (CUSHING CASH EXPIRY) CRUDE OIL DOMESTIC SWEET (</indexName>
                <indexIdentifier>USCRWTIC</indexIdentifier>
                <narrativeDesc>N/A</narrativeDesc>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2025-11-20</expDate>
            <notionalAmt>199444189.37000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-22852189.37000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Corn Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="C U5"/>
        </identifiers>
        <balance>4238.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2244272.15</valUSD>
        <pctVal>-0.05122755517</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Board of Trade of the City of Chicago, Inc.</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Corn</issuerName>
                <issueTitle>Corn</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-12</expDate>
            <notionalAmt>94844572.15000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2244272.15</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Soybean Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="S X5"/>
        </identifiers>
        <balance>1799.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-972494.84</valUSD>
        <pctVal>-0.02219808015</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Board of Trade of the City of Chicago, Inc.</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Soybean</issuerName>
                <issueTitle>Soybean</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-11-14</expDate>
            <notionalAmt>92564082.34000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-972494.84</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.P. MORGAN JMCUINVE BASKET JMCUINVE</name>
        <lei>N/A</lei>
        <title>J.P. MORGAN JMCUINVE BASKET JMCUINVE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="JMCUINVE"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-43732295.2</valUSD>
        <pctVal>-0.99822945512</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>J.P. Morgan Securities PLC</counterpartyName>
              <counterpartyLei>K6Q0W1PS1L1O4IQL9C32</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>J.P. MORGAN JMCUINVE BASKET JMCUINVE</indexName>
                <indexIdentifier>JMCUINVE</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.2"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>445951708.4</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-43732295.2</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Primary Aluminum Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FVN2QW99"/>
        </identifiers>
        <balance>1235.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-7062314.29000000</valUSD>
        <pctVal>-0.16120375373</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Primary Aluminum</issuerName>
                <issueTitle>LME Primary Aluminum</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-06-16</expDate>
            <notionalAmt>81152125.54000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-7062314.29000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Primary Aluminum Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FVN2QW99"/>
        </identifiers>
        <balance>-177.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>334693.80000000</valUSD>
        <pctVal>0.007639690715</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Primary Aluminum</issuerName>
                <issueTitle>LME Primary Aluminum</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-06-16</expDate>
            <notionalAmt>10953233.55000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>334693.80000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MACQUARIE INDEX MQCP322E MQCP322E</name>
        <lei>N/A</lei>
        <title>MACQUARIE INDEX MQCP322E MQCP322E</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="MQCP322E"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-46105207.26</valUSD>
        <pctVal>-1.05239333337</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MACQUARIE CAPITAL (USA) INC.</counterpartyName>
              <counterpartyLei>549300670K07JRB5UQ40</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MACQUARIE INDEX MQCP322E MQCP322E</indexName>
                <indexIdentifier>MQCP322E</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.21"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>471892620.1</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-46105207.26</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Sugar No. 11 Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SBN5"/>
        </identifiers>
        <balance>4345.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4353352.64</valUSD>
        <pctVal>-0.09936923762</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE Futures U.S., Inc.</counterpartyName>
              <counterpartyLei>5493004R83R1LVX2IL36</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Sugar No. 11</issuerName>
                <issueTitle>Sugar No. 11</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-06-30</expDate>
            <notionalAmt>88298752.64000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-4353352.64</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Copper Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FVN2W767"/>
        </identifiers>
        <balance>-34.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-14084.26000000</valUSD>
        <pctVal>-0.00032148605</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Copper</issuerName>
                <issueTitle>LME Copper</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-07-14</expDate>
            <notionalAmt>7748073.24000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-14084.26000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Zinc Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H24DT165"/>
        </identifiers>
        <balance>-841.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4378418.63000000</valUSD>
        <pctVal>0.099941391672</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Zinc</issuerName>
                <issueTitle>LME Zinc</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-13</expDate>
            <notionalAmt>59155692.13000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4378418.63000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Zinc Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H24DT165"/>
        </identifiers>
        <balance>1768.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-11596852.71000000</valUSD>
        <pctVal>-0.26470872175</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Zinc</issuerName>
                <issueTitle>LME Zinc</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-13</expDate>
            <notionalAmt>126752880.71000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-11596852.71000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Wheat Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="W N5"/>
        </identifiers>
        <balance>3118.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-7527913.81</valUSD>
        <pctVal>-0.17183148669</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Board of Trade of the City of Chicago, Inc.</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Wheat</issuerName>
                <issueTitle>Wheat</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-07-14</expDate>
            <notionalAmt>90271838.81000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-7527913.81</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOFA MERRILL LYNCH COMMODITY MLBXIVMB EXCESS RETURN STRATEGY MLBXIVMB</name>
        <lei>N/A</lei>
        <title>BOFA MERRILL LYNCH COMMODITY MLBXIVMB EXCESS RETURN STRATEGY MLBXIVMB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="MLBXIVMB"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-46069160.52</valUSD>
        <pctVal>-1.05157053371</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Merrill Lynch International</counterpartyName>
              <counterpartyLei>GGDZP1UYGU9STUHRDP48</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>BOFA MERRILL LYNCH COMMODITY MLBXIVMB EXCESS RETURN STRATEGY MLBXIVMB</indexName>
                <indexIdentifier>MLBXIVMB</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.22"/>
            <otherPmntDesc fixedOrFloating="Other">The Fund makes or receives payments based on any positive or negative return on the reference instrument</otherPmntDesc>
            <terminationDt>2025-05-02</terminationDt>
            <upfrontPmnt>0.00</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>471973452.4</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-46069160.52</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>LME Copper Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00FVN1B540"/>
        </identifiers>
        <balance>-314.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-966186.01000000</valUSD>
        <pctVal>-0.02205407536</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>London Metal Exchange</counterpartyName>
              <counterpartyLei>213800NB8G5VRT1DXC91</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME Copper</issuerName>
                <issueTitle>LME Copper</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-05-19</expDate>
            <notionalAmt>70798121.49000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-966186.01000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Silver Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SIN5"/>
        </identifiers>
        <balance>210.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1846147.28000000</valUSD>
        <pctVal>0.042139992537</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Commodities Exchange Inc.</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Silver</issuerName>
                <issueTitle>Silver</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-07-29</expDate>
            <notionalAmt>32623252.72000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1846147.28000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Actively Managed Exchange-Traded Commodity Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
