Invesco DB US Dollar Index Bearish Fund (UDN) files 424B3 prospectus for ongoing offering of shares on NYSE Arca

Filed August 26, 2026 · ~1 min read

Key Changes

• low

  The fund's shares trade on NYSE Arca under ticker UDN; the prospectus does not specify a new offering size or price, as it is a continuous offering.

  The Offering verify on EDGAR →
• high

  Proceeds are used to trade DX Contracts (futures on the USDX) to track the index, with ~98% of NAV held with the Custodian and ~2% as margin.

  Use of Proceeds verify on EDGAR →
• high

  The fund takes short positions in U.S. dollar index futures, exposing investors to theoretically unlimited losses if the dollar index rises.

  Risk Factors verify on EDGAR →