Invesco DB Oil Fund (DBO)
| Assets | $277.15M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 18.70M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 2.26% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 608,867 |
| Open | 19.00 |
| Previous Close | 19.00 |
| Day's Range | 18.81 - 19.68 |
| 52-Week Low | 11.89 |
| 52-Week High | 23.98 |
| Beta | 0.11 |
| Holdings | 5 |
| Inception Date | Jan 5, 2007 |
About DBO
Fund Home PageThe Invesco DB Oil Fund (DBO) is an exchange-traded fund that is based on the DBIQ Optimum Yield Crude Oil index. The fund tracks an index of crude oil futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango. DBO was launched on Jan 5, 2007 and is issued by Invesco.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Crude Oil Future Sept 26 | n/a | 51.43% |
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 41.16% |
| Invesco Short Term Treasury ETF | TBLL | 10.86% |
| Cash | n/a | 1.70% |
| Futures Cash Collateral | n/a | -5.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.42837 | Dec 26, 2025 |
| Dec 23, 2024 | $0.66977 | Dec 27, 2024 |
| Dec 18, 2023 | $0.63851 | Dec 22, 2023 |
| Dec 19, 2022 | $0.10021 | Dec 23, 2022 |
| Dec 23, 2019 | $0.17378 | Dec 31, 2019 |
| Dec 24, 2018 | $0.1344 | Dec 31, 2018 |
Performance
DBO had a total return of 37.79% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.16%.
News
US crude inventories decline for tenth week to over 20-year low, EIA says
U.S. crude oil inventories fell for a 10th straight week last week as demand surged, pushing total stockpiles to their lowest level since 1985 as the Iran war continues to upend global energy markets...
US quietly allows waiver on Russian oil to expire
The U.S. Treasury on Wednesday did not publish an extension of its waiver of sanctions on Russian seaborne oil that ran out at midnight, but President Donald Trump and administration officials did no...
Crude Oil Price Analysis – Crude Oil Trying to Bounce on Wednesday
Crude oil looks like it might be ready to do a little bit of a bounce on Wednesday, as we are oversold to say the least. At this point, it will be about the headlines coming out of the Middle East.
UAE's post‑OPEC expansion push to lift oil output above 5 million bpd next year, IEA says
The United Arab Emirates' oil output could exceed 5 million bpd next year as it moves to expand production after its exit from OPEC, making it a major driver of non‑OPEC+ supply growth, the Internat...
Iranian oil tankers pass US blockade after US-Iran deal, data shows
At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a f...
Oil Supply to Rebound Strongly After Gulf Shock But Recovery Will Take Months, IEA Says
The Gulf oil supply shock is set to drag global oil demand sharply lower before flows through Hormuz gradually normalize, with supply expected to rebound to 8 million barrels a day in 2027.
Middle East crude slips into discounts as U.S.-Iran deal lifts supply outlook
The Middle East crude market weakened sharply this week, slipping into discounts, Reuters data showed, after the United States and Iran agreed a framework deal to reopen the crucial Strait of Hormuz,...
Oil Prices Fall as US-Iran Deal Set to Add Wave of Supply
Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply. Bloomberg's Stephen Stapczynski reports.
Natural Gas and Oil Forecast: WTI Under $76 While Brent Tests $78 — NatGas Bullish Continuation?
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $68.50, Brent tests channel ...
Oil slides on Iran supply hopes; bond yields pushed lower before Warsh debut
Crude prices fell on Wednesday on news that Iranian fuel may soon hit the world's markets, bringing inflation relief and pushing bond yields lower, while stocks and currencies were quiet ahead of Kev...
Oil prices stabilise as investors weigh Iran war end, Hormuz reopening uncertainty
Oil prices edged higher in early trade on Wednesday, clawing back some of the previous session's losses, as investors assessed whether the Iran war will truly end and the Strait of Hormuz reopen.
Tuesday's Final Takeaways: SPCX Extends Post IPO Rally, Oil Falls & CVNA Expands
Marley Kayden talks about SpaceX (SPCX) extending its post IPO rally and continuing gains throughout the trading day. She also discusses falling oil prices and Carvana's (CVNA) expansion into a new ca...
US crude stocks fall for ninth straight week, sources say
U.S. crude oil inventories fell for a ninth straight week last week, according to market sources citing American Petroleum Institute data released on Tuesday, while gasoline stocks rose.
Oil Falls Below $80 For First Time in More Than Three Months
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street...
Potential Tropical Cyclone One forms off Texas coast, threatening dangerous flash flooding
Potential Tropical Cyclone One has formed off the Texas coast, the U.S. National Hurricane Center said in a Tuesday advisory, warning of heavy rainfall and dangerous flash flooding along the energy c...
U.S.-Iran deal allows Tehran to immediately sell oil, WSJ reports
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end war, the Wall Street Journal reported on Tuesday, cit...
ECB's Lane says oil prices closer to baseline scenario after Iran deal
The announced agreement between the United States and Iran has brought down oil prices to somewhere between the European Central Bank's baseline and its mild scenario, chief economist Philip Lan...
Fed's First Interest Rate Meeting Under Warsh Begins as Crude Oil Trickles Lower
A memorandum of understanding between the U.S. and Iran is moving toward a Friday signing. Kevin Hincks believes it will offer reprieve to markets concerned of heightened inflation, expecting crude oi...
Spot oil premiums slip to pre-war levels after US-Iran deal, but shipping angst provides floor
Spot premiums for crude and some refined products in Asia have fallen back to pre-war levels following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping ...
Jeff Currie Says Hormuz Flows May Not Normalize Until End of the Year
Jeff Currie, executive co-chairman at Abaxx Markets, says “the uncertainty remains quite high” around the Strait of Hormuz as maintaining the US-Iran ceasefire will be challenging. Currie looks at wha...
The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels
Risks to oil price assumptions in the event of a finalized peace deal are two-sided but the Goldman Sachs report notes that the global economy adjusted very flexibly to the largest oil production shoc...
Exclusive: The U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guid...
Natural Gas and Oil Forecast: Truce Stability Fuels Technical Recovery — What's Next for Oil & NatGas?
One month-plus into the truce, supply-demand dynamics support constructive price action. WTI rebounds off channel floor at $80.09, Brent holds $82.41, and Natural Gas trades at $3.170 with positive mo...
Oil Price Forecast: WTI Tests $80 as Brent Falls on US-Iran Deal
Oil prices remain under pressure after the preliminary US-Iran deal reduced part of the geopolitical risk premium, but slow shipping activity through the Strait of Hormuz keeps WTI and Brent near key ...
Former Energy Secretary predicts ‘DRAMATIC' price drop if Strait of Hormuz fully reopens
Former Energy Secretary Dan Brouillette discusses how a U.S.-Iran deal could impact energy markets and why enforcing a reopening of the Strait of Hormuz is critical on ‘Kudlow.'
Oil rebounds on concerns about US-Iran peace deal, restoration of supply
Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of supply through the key ...
OIL OUTLOOK: What's next for prices after US-Iran deal?
Lipow Oil Associates president Andy Lipow discusses the impact of the U.S.-Iran deal and the reopening of the Strait of Hormuz on oil prices on ‘The Claman Countdown.'
U.S. gasoline slips below $4 a gallon for first time since April
U.S. average retail gasoline prices dipped below $4 a gallon for the first time since mid-April, as optimism grew that a preliminary deal between the U.S. and Iran would lead to the reopening of the...
US Oil Reserve Hits 43-Year Low as Trump Tries to Limit Iran Fallout
Bob McNally, president of Rapidan Energy Group, said that countries across the world are going to up their demand for oil to fill strategic reserves depleted by conflict in Iran and the closure of the...
The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
The U.S. Strategic Petroleum Reserve has fallen to the lowest level in more than 40 years, according to the Department of Energy. Oil executives have warned that global inventories are rapidly depleti...
Oil prices plunge to lowest levels since early March after Trump signs Iran deal
Oil prices fell to lowest levels since early March after President Donald Trump announced a preliminary U.S.-Iran agreement aimed at ending the war and reopening Hormuz.
How the Strait of Hormuz reopening could unfold if the U.S.-Iran deal is implemented
Ships transiting the Strait of Hormuz could rise to nearly 50% of prewar levels within 30 days of the U.S.-Iran deal, according to Kpler. There are an estimated 118 tankers stuck in the Persian Gulf t...
It could take years for oil prices to return to $67 a barrel. Here's why.
The U.S. and Iran have reached a tentative deal to extend their ceasefire by 60 days and reopen the Strait of Hormuz, but it will take an excess of global crude supplies and lower shipping costs for t...
