Invesco DB Base Metals Fund (DBB)

NYSEARCA: DBB · Real-Time Price · USD
20.48
-0.09 (-0.43%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-0.43%
Assets $130.52M
Expense Ratio 0.77%
PE Ratio 3.61
Shares Out 8.40M
Dividend (ttm) $1.32
Dividend Yield 6.42%
Ex-Dividend Date Dec 18, 2023
Payout Ratio 23.32%
1-Year Return +10.98%
Volume 51,294
Open 20.64
Previous Close 20.57
Day's Range 20.34 - 20.64
52-Week Low 16.77
52-Week High 21.98
Beta 0.57
Holdings 12
Inception Date Jan 5, 2007

About DBB

Fund Home Page

The Invesco DB Base Metals Fund (DBB) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks an index of three base metal futures contracts. It selects contracts based on the shape of the futures curve to minimize contango. DBB was launched on Jan 5, 2007 and is issued by Invesco.

Asset Class Commodity
Category Commodities Focused
Stock Exchange NYSEARCA
Ticker Symbol DBB
ETF Provider Invesco
Index Tracked DBIQ Optimum Yield Industrial Metals Index TR (Collection)

Top 10 Holdings

122.41% of assets
Name Symbol Weight
Copper Future May 25 n/a 28.50%
Lme Pri Alum Futr Jun25 n/a 27.51%
United States Treasury Bills 0% B 0 11.14.24 19.44%
Lme Zinc Future Oct25 n/a 18.38%
Invesco Shrt-Trm Inv Gov&Agcy Instl AGPXX 13.83%
United States Treasury Bills 0% B 0 11.29.24 7.76%
Futures Cash Collateral n/a 5.84%
United States Treasury Bills 0% B 0 12.05.24 2.33%
Cash n/a -0.00%
Zinc Future Oct 25 n/a -1.17%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 18, 2023 $1.31965 Dec 22, 2023
Dec 19, 2022 $0.18371 Dec 23, 2022
Dec 23, 2019 $0.2725 Dec 31, 2019
Dec 24, 2018 $0.24376 Dec 31, 2018
Dec 15, 2008 $0.280 Dec 30, 2008
Dec 17, 2007 $0.960 Dec 28, 2007
Full Dividend History

News

DBB: Base Metals Slammed To Start September, Weighing Macro Risks

I have a hold rating on DBB due to mixed macro risks and a neutral technical chart outlook. A weaker dollar and lower interest rates could favor commodities, but global growth concerns and weak data f...

2 months ago - Seeking Alpha

DBB: Right Time, And Right Theme If China Comes Back

Bullish on commodities due to potential economic recovery in China. Invesco DB Base Metals Fund ETF offers exposure to industrial metals through futures contracts. The DBB ETF provides diversification...

5 months ago - Seeking Alpha

DBB: The Case For Copper, Aluminum, And Zinc

Base metals, including copper, aluminum, and zinc, trade on the London Metals Exchange and are influenced by liquidity and price volatility. Copper prices have rallied in early Q2, while aluminum and ...

7 months ago - Seeking Alpha

Reasons To Consider Increasing Base Metals Exposure Via The DBB ETF

Base metal prices on the London Metals Exchange have fallen after reaching highs in 2022. Copper is the most closely watched base metal due to its role in infrastructure building and addressing climat...

9 months ago - Seeking Alpha

Committee's 2024 Contrarian Ideas: ETFs DBB and SPPP

Bill Baruch, Blue Line Capital founder, and Liz Young, SoFi head of investment strategy, join CNBC's 'Halftime Report' to reveal their top contrarian picks for 2024.

Other symbols: SPPP
10 months ago - CNBC Television

DBB: Aluminum, Zinc, And Copper In 2024

U.S. interest rates rose to the highest level since 2007, supporting a rally in the U.S. dollar index. High interest rates and a strong U.S. currency weighed on base metals prices. There are compellin...

11 months ago - Seeking Alpha

DBB: Base Metal ETF For The Energy Transition Watchlist

DBB provides a rare opportunity for gaining exposure to futures contracts on three highly-liquid base metals: copper, aluminum, and zinc. Cu, Al, and Zn are expected to see a significant boom in deman...

1 year ago - Seeking Alpha

DBB In The Buy Zone

Invesco DB Base Metals Fund ETF is a compelling commodity ETF below $20, owning aluminum, copper, and zinc. Base metals prices have declined significantly, with copper, aluminum, and zinc under pressu...

1 year ago - Seeking Alpha

DBB Falls - Time To Put The ETF On Your Investment Radar

London Metals Exchange (LME) is the global hub for base metals trading, with China being the leading consumer of these metals. Copper, aluminum, and zinc prices have been declining in recent weeks and...

1 year ago - Seeking Alpha

DBB: A Shining Opportunity Amid China's Economic Recovery

The Invesco DB Base Metals Fund ETF offers a diversified exposure to base metals, making it a compelling investment opportunity due to the expected recovery in the base metals market. China's economic...

1 year ago - Seeking Alpha

DBB: Bear Market Likely To Resume

Industrial metals have regained substantial momentum over the last three months, and it will be important to keep track of this in the coming weeks. This momentum is likely to have limited upside pote...

1 year ago - Seeking Alpha

DBB: Recession And Inflation Keep Industrial Metals In Balance

Base metals may show resilience in 2023, despite a declining macroeconomic outlook. My technical analysis framework based on Trend Flow, Support/Resistance Location and False Breakout Traps suggests t...

2 years ago - Seeking Alpha

DBB: Metals ETF Ready to Rock?

Let's talk metal. No, not Van Halen or Black Sabbath. Metal as in the Invesco DB Base Metals Fund (DBB), which may be set to put on a good show for investors.

2 years ago - ETFcom

The hunt for yield

Other symbols: BKLNDBAPYZTLT
2 years ago - CNBC Television

Dimming bright spot: commodities crush

Other symbols: BARFTGCGLDPDBC
2 years ago - CNBC Television

DBB: The Cyclical Downturn Has Likely Begun

In March, we argued that commodities are likely to turn down as a commodity shock gives way to a growth shock. Deflationary forces are now making themselves felt not only in cyclical leaders like prec...

2 years ago - Seeking Alpha

Invesco Launches EV Commodity ETF

‘EVMT' isn't the first EV fund, but it's the first to track the commodities underlying the cars.

Other symbols: PDBC
2 years ago - ETFcom

Point Hedges ETP Performance During Invasion Of Ukraine

Evaluating the performance of these ETPs since Russia invaded Ukraine a little over a month ago, I found some rather lackluster numbers.

Other symbols: CORNDBAITAUNGUSOWEAT
2 years ago - Seeking Alpha

Metals Heating Up

Though industrial and precious metals have different performance drivers, both are hot areas of the market right now.

Other symbols: CPERGDXGLDPALLSLV
2 years ago - ETFcom

DBB: A Good Time To Buy But With A Key Caveat

The macroeconomic backdrop is positive. The chart is bullish.

3 years ago - Seeking Alpha

Oil Spike Lifts Energy ETFs

Demand for travel and geopolitical tensions are driving crude prices up.

3 years ago - ETFcom

The Best Trades For The Green Energy Revolution

This article deals about my favourite trades for the green energy transition. The green energy transition is a once in a lifetime paradigm shift that we can trade and profit from.

Other symbols: COPXCPERGRNKRBNURNM
3 years ago - Seeking Alpha

Invesco DB Base Metals ETF: Copper And Aluminium Could Continue To Drive This ETF

Base metals are a useful hedge against inflation which has begun creeping up.

3 years ago - Seeking Alpha

DBB: Set To Rally Strongly In Q4

DBB has been undermined by a firmer dollar environment since September, as investors have been inclined to unwind some reflation trades like long commodities.

4 years ago - Seeking Alpha

Basic Materials And Industrials Sector Overview For September 2020

Commodity prices have risen from lockdown lows, although they may be topping for now.

Other symbols: XLBXLI
4 years ago - Seeking Alpha