Invesco DB Oil Fund (DBO)
| Assets | $288.14M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 18.70M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 2.03% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 1,200,266 |
| Open | 21.89 |
| Previous Close | 21.86 |
| Day's Range | 20.92 - 22.14 |
| 52-Week Low | 11.89 |
| 52-Week High | 23.98 |
| Beta | 0.11 |
| Holdings | 6 |
| 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 | 53.44% |
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 42.48% |
| Invesco Short Term Treasury ETF | TBLL | 10.40% |
| Futures Cash Collateral | n/a | 0.02% |
| Cash | n/a | -0.00% |
| Futures Cash Collateral | n/a | -6.35% |
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 66.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.41%.
News
The oil markets are 'sleepwalking' while the Trump administration manipulates the narrative: CIO
Josh Young, CIO of Bison Interests, says it's shocking that market participants are responding to Trump's jawboning and short-term supply policies through Strategic Petroleum Reserve releases despite ...
Goldman lowers 2027 Brent oil forecast on supply growth, demand risks
Goldman Sachs on Thursday lowered its 2027 average Brent oil price forecast to $80 a barrel, citing stronger supply growth and persistent demand weakness, even as it warned prices could swing sharpl...
Oil extends losses as Trump calls off planned strikes on Iran
Oil prices fell on Friday, extending losses from the previous session after U.S. President Donald Trump canceled plans to strike Iran, reducing fears of an escalation of hostilities following tit-fo...
Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback
U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease. Speaking from the Oval Office, Trump said he expects...
Oil Falls on Signs of Potential U.S.-Iran Peace Deal
Oil fell in early Asian trade on signs of a potential U.S.-Iran peace deal that could reopen Strait of Hormuz, a key waterway through which one-fifth of the world's oil is typically transported.
What energy insiders in DC are saying about oil prices and a possible Iran deal
What I heard from energy insiders from the sidelines of the Global Energy Forum in DC. Pipelines are not the perfect solution to the Strait of Hormuz blockade that people believe they are.
Crude Oil Price Forecast: Bearish Breakdown of Symmetric Triangle Continues
Crude oil breaks below a symmetrical triangle and key moving averages, signaling emerging downside risk as multiple support zones and Fibonacci levels come into play.
Canada oil outages and bad weather to tighten inventories at key US storage hub
Wet weather and a power outage at a major oil sands producer have contributed to crude export supply tightness out of Western Canada, which could tighten supplies to the key Cushing storage hub in O...
Trump says U.S. will take Iran's oil-export hub Kharg Island. Here's what his threat really means.
Oil prices climbed toward session highs Thursday after President Donald Trump threatened further strikes on Iran and said the U.S. would take control of the country's oil and gas markets as well Kharg...
Retired Gen. Kimmitt: Hormuz, Lebanon Are ‘Diversions'
Oil prices increased by about 2% following escalated threats from the US President to 'hit Iran hard' after delays in peace negotiations. Retired US Army Brigadier General Mark Kimmit, Former Assistan...
OPEC Lowers This Year's Oil-Demand Forecast
The Organization of the Petroleum Exporting Countries cut its oil demand estimates for this year as the U.S. blockade on Iran and near-closure of the Strait of Hormuz continue to curb production from ...
Trump drops MASSIVE oil claim sending SHOCKWAVES through the markets
Axis President and CEO Vince Tizzio joins 'Mornings with Maria' to break down rising security threats in the Strait of Hormuz, the impact on global oil markets and the role insurers play in protecting...
OPEC again lowers 2026 global oil demand growth forecast
OPEC on Thursday lowered its forecast for world oil demand growth in 2026 to 970,000 barrels per day, a copy of its monthly report showed, marking the second straight downward revision.
China learns to live on less fuel, to the relief of oil markets
Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world's largest importer, needs much less fuel than previously thought.
Trump Says U.S. Controls Strait of Hormuz Amid Iran Strikes. Oil Prices Slip.
Brent crude and WTI prices were edging down early on Thursday as the U.S. and Iran exchanged strikes and President Trump said American forces control the Strait of Hormuz.
Natural Gas and Oil Forecast: WTI Under $90 While Brent Tests $92 — NatGas Retest in Focus?
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $89.20 after channel violation, Brent defends $92.09 support, and Natural Gas maintains posi...
Oil rises, Gulf on alert as U.S. and Iran launch new wave of strikes
Oil extended gains in Asian trade as U.S.-Iran tensions escalated for a second straight day. CENTCOM said it carried out fresh strikes on Iranian military sites, while Tehran claimed attacks on U.S. f...
Once an Arab oil embargo victim, US becomes world's top oil exporter
The United States has become the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies' grip on energy markets ...
Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
Oil prices climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran.
US offers to loan up to 40 million barrels of oil from Strategic Petroleum Reserve
The U.S. is seeking to loan energy companies up to 40 million barrels of crude oil from the Strategic Petroleum Reserve to help push fuel prices down, the Department of Energy said on Wednesday.
US oil reserves drop towards Reagan-era lows, 'significant impact at the pump' coming, experts warn
The U.S. Strategic Petroleum Reserve hits a three-year low of 349.2 million barrels, nearing levels not seen since the Reagan administration in 1983.
Trump says U.S. secretly moved millions of barrels of oil through Strait of Hormuz
Trump's comments come after Energy Secretary Chris Wright said Tuesday that oil exports through Hormuz are "rising very meaningfully" without elaborating further.
U.S. Crude Oil Inventories Fall for Seventh Straight Week
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 7.2 million barrels in the week ended June 5. They were expected to have fallen by 2.9 million barrels, according to a Wal...
Crude Oil Price Analysis – Crude Oil Continues to Grind Back and Forth
Until the situation in the Middle East settles down a bit, I think it will be difficult to see oil completely fall apart. The supply chain will continue to be an issue going forward.
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran, Reuters survey shows
OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran's exports and Iran's effective closure of the Strait of Hormuz slashed expor...
Natural Gas and Oil Forecast: WTI Under $88 While Brent Tests $90 — NatGas Retest in Play?
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $86.44, Brent tests channel ...
Oil choppy after U.S. completes Iran strikes following Apache helicopter attack
Oil prices rose on Wednesday after the U.S. launched military strikes against Iran. The U.S. military said it had completed strikes against Iranian military targets near the Strait of Hormuz.
Oil rises nearly 1% as US launches new strikes against Iran, supply tightens
Oil prices climbed about 1% on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed anoth...
API shows US crude inventories fell for two straight months, sources say
U.S. crude oil inventories fell last week for an eighth consecutive week, according to market sources citing data from the American Petroleum Institute released on Tuesday, while gasoline stock...
The current 'absolute deficit' of oil could turn into a 'humongous surplus' in 2027: Rystad Energy
Claudio Galimberti, chief economist of Rystad Energy, says the potential "huge oversupply" of oil following the resolution of the Iran war and closure of the Strait of Hormuz is creating a lot of conf...
Oil inventories are headed toward multi-decade lows, US EIA warns
Oil stockpiles in the world's largest economies were headed toward the lowest levels since at least 2003 as top consuming nations tapped inventories at a record pace to plug the loss of over 11 ...
Crude Oil Price Analysis – Oil Continues to See Range Play Out
The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding...
