Invesco DB Precious Metals Fund
DBP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Anna Paglia
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Jan 5, 2007
- CIK
- 0001383057
- Website
- invesco.com
- Similar Companies
- Business
- Invesco DB Precious Metals Fund (DBP) is an exchange-traded fund that seeks to track the performance of the DBIQ Optimum Yield Precious Metals Index Excess Return, which measures the combined futures contracts on gold and silver; the fund optimizes its futures contract selection based on the futures curve shape to minimize contango effects and holds primarily US Treasury securities, money market instruments, and related collateral such as Invesco Government & Agency Portfolio and Invesco Short Term Treasury ETF for interest income; the fund rebalances and reconstitutes annually in November. Launched on January 5, 2007, and managed by Invesco Capital Management LLC, a subsidiary of Invesco Ltd., with principal operations at 3500 Lacey Road, Suite 700, Downers Grove, Illinois, the fund operates globally through commodity futures markets and trades on NYSE Arca. The fund targets investors seeking cost-effective exposure to precious metals commodities as an inflation hedge or portfolio diversifier, with typical allocations of approximately 79% to gold futures and 21% to silver futures as of recent holdings data. In September 2025, the fund announced upcoming modifications to its benchmark index, effective November 10, 2025, including an annual liquidity-based review of eligible commodities, removal of low-liquidity contracts under the Optimum Yield methodology, replacement of static allocations with rules-based weights reflecting global production and market liquidity, and introduction of annual sector/commodity caps and floors plus intra-year rebalance triggers to mitigate concentration risk; these changes, implemented by index provider Deutsche Bank AG, preserve the fund's investment objective.