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 | 2.27% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 626,723 |
| Open | 18.54 |
| Previous Close | 18.79 |
| Day's Range | 18.22 - 18.98 |
| 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 | 50.25% |
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 40.02% |
| Invesco Short Term Treasury ETF | TBLL | 11.12% |
| Cash | n/a | 2.14% |
| Futures Cash Collateral | n/a | -3.52% |
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 33.17% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.15%.
News
Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane
At least 20 tankers transited the Strait of Hormuz on Thursday, according to Kpler. That is the highest level of traffic since June 2, the firm said.
SHOCK FORECAST: Major oil call is turning EVERYONE'S head
United Refining Chairman and CEO John Catsimatidis joins 'Mornings with Maria' to discuss why he believes oil prices could fall to $65 a barrel and gasoline could drop below $3 a gallon as the Strait ...
Oil shipments rise in Hormuz although questions grow over Iran's transit terms
Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions...
Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping
Recovery hinges both on whether tankers can freely transit the strait, and if the region's oil producers can load enough crude once these vessels are ready to sail, according to Rystad Energy.
Oil Prices in Focus as Vance Cancels Trip to Start Iran Peace Talks and Hormuz Reopens
Brent crude and WTI prices were mixed after the White House said that Vice President JD Vance wouldn't travel to Switzerland for negotiations with Iran beginning Friday.
Natural Gas and Oil Forecast: WTI Bounces at $75.93 While Brent Holds $79.90 — NatGas Eyes $3.268?
With geopolitical risk premium largely removed, oil benchmarks found support inside channels while natural gas showed resilience. WTI confirms neutral-to-bullish structure above $77.69, Brent tests ch...
US-Iran MOU Soothes Market Stress: Markets Snapshot
The global oil market is zeroed in on activity in the Strait of Hormuz after the US and Iran inked an interim deal to end their war and reopen the critical waterway. While equities have largely shrugg...
It could take 6-10 weeks for things to return to normal after Hormuz reopens: Dan Pickering
Dan Pickering, CIO of Pickering Energy Partners, discusses his outlook on the oil market ahead of the signing of the U.S.-Iran deal to end the war, and why it's unlikely that oil will fall to the $60 ...
Oil falls as supply starts moving through Strait of Hormuz
Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the signing of the U.S.-Iran interim peace deal...
With the planned reopening of the Strait of Hormuz, the specter of a prolonged crunch in energy supplies has faded—but the disruption could take months to unwind
The specter of a prolonged crunch in energy supplies has faded, but the disruption could take months to unwind.
Thursday's Final Takeaways: Fed Pauses Rates & Oil Prices Slide
Marley Kayden talks about the FOMC's decision to hold interest rates steady in Kevin Warsh's first meeting as Fed Chair. Meanwhile, crude oil prices slid after the U.S. and Iran signed a memorandum of...
Oil prices slide near pre-Iran war levels – but it could take months for gasoline to fully drop
Oil prices fell about 10% this week to their lowest levels since the war in Iran started after President Trump signed a deal to reopen the Strait of Hormuz.
The Iran oil shock taught traders these key lessons about demand and China
Global oil prices on Thursday touched their lowest level since the U.S.-Israeli war with Iran began almost four months ago. That marks a drop of more than 30% from their May peak and likely averts the...
Oil markets are overshooting to the downside, says Abaxx Markets' Jeff Currie
Jeff Currie, Abaxx Markets executive co-chairman, joins 'Squawk on the Street' to discuss how much lower oil prices can go, the company's around the energy sector and much more.
SHOCK DROP: Oil prices TUMBLE faster than many expected
'The Big Money Show' panel discusses how President Donald Trump's Iran framework helped send oil prices lower, gas below $4 a gallon and stocks higher as investors bet the conflict is easing.
OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
OPEC chief Haitham al-Ghais sat down for an exclusive interview with CNBC on Wednesday. He dismissed the IEA's claim of a supply glut brewing in oil markets for 2027.
Oil flows through Hormuz will take time to recover, banks say
A recovery in oil flows through the Strait of Hormuz and oil production following the U.S.-Iran interim peace deal will take time, potentially several months, analysts at two banks said.
Gas prices fall below $4 per gallon as oil supply fears ease after Iran deal
Drivers in the U.S. paid $3.99 on average, the first time prices have fallen below $4 since March 30, according to data shared by AAA. Prices have fallen the past 28 days in a row after peaking at $4....
OPEC sticks to robust oil demand outlook, sees no peak to 2050
OPEC maintained its forecast for robust global oil demand growth in the next four years on Thursday and nudged up its longer-term view, citing a worldwide shift towards more supportive policies for ...
Why the oil may start flowing through the Strait of Hormuz faster than many believe
My direct conversations with industry executives and experts based both here and in the Middle East indicate ships will start steaming through the Strait very soon. The "Ghalibaf factor" may hold the ...
First Saudi Supertankers Begin Hormuz Crossing
Some oil and gas vessels have begun to cross the Strait of Hormuz, including ships owned by Saudi Arabia's state tanker giant. The movement of Saudi ships through the waterway marks the first large vo...
Natural Gas and Oil Forecast: WTI Under $75 While Brent Tests $77 — NatGas Holds Channel?
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $74.02 after triangle violation, Brent defends $77.74 support, and Natural Gas trades at $3....
Hormuz reopening to release wave of oil supply, depress prices
Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the U.S.-Iran interim deal, releasing millions of barrels of oil stranded in the...
Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
Traffic through the Strait of Hormuz is likely to take weeks to normalise after the deal to reopen it, industry experts warned. "The most likely scenario is a phased restart," Adam Sharpe, vice presid...
IMF chief expects oil prices to ease, not plummet, after US-Iran deal
Oil prices are likely to ease, not plummet, as the U.S.-Iran interim peace deal lets shipments through the Strait of Hormuz resume and at the same time countries replenish reserves, Internationa...
Oil Prices Fall Amid Prospects of Fast Reopening of Strait of Hormuz
Oil prices retreated in Asia on Thursday afternoon as traders bet on a swift reopening of the Strait of Hormuz, the critical waterway through which roughly one-fifth of global oil shipments are typica...
Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal
Trump also reportedly said that he could resume attack on Iran if it failed to honor commitments. International Energy Agency expects a lasting resolution to the conflict could drive a surge in supply...
Oil slips again as US, Iran sign peace deal
Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, re...
The Iran Deal Leaves More Questions Than Answers. Why Oil Prices Are Falling Anyway.
Analysts warn that the current sub-$80-a-barrel oil prices may be overly optimistic for a smooth end to the conflict and the reopening on the Strait of Hormuz.
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...
