Invesco DB Oil Fund (DBO)
| Assets | $216.67M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 17.25M |
| Dividend (ttm) | $0.67 |
| Dividend Yield | 5.11% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 2,274,070 |
| Open | 13.08 |
| Previous Close | 13.07 |
| Day's Range | 13.07 - 13.19 |
| 52-Week Low | 11.59 |
| 52-Week High | 15.93 |
| Beta | 0.45 |
| 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 15, 2008 | $0.120 | Dec 30, 2008 |
Performance
DBO had a total return of -5.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.27%.
News
Oil prices open up around 1% after modest OPEC+ output hike
Oil prices rose about 1% at the start of trading on Monday after OPEC+ announced it would raise production from November by 137,000 barrels per day (bpd), the same modest monthly increase as in Octobe...
OPEC+ poised to raise oil output further, sources say
OPEC+ will increase oil output further from November when it meets on Sunday, sources close to the talks said, with Saudi Arabia pushing for a larger increase to regain market share and Russia suggest...
Why OPEC+ will likely hike next month's oil-output quota — even as prices just posted their biggest weekly drop since June
The major crude-oil producers known as OPEC+ are expected to agree to another monthly hike in oil-output quotas at a meeting this week — despite expectations for a global supply surplus this year and ...
OPEC+ set for another oil hike as Saudi and Russia debate size, sources say
Eight OPEC+ countries are likely to further raise oil output on Sunday with the group's leader Saudi Arabia pushing for a large increase to regain market share and Russia suggesting a more modest rise...
Crude Oil Price Outlook – Crude Oil Continues to Look Soft
The crude oil market continues to see a bit of negative, as we cannot hold onto the gains at this point in time. The market looks as if it is going to struggle, and it is starting to look more and mor...
Oil rises 1% after fire at US refinery, set to snap four-session losing streak
Oil prices rose slightly on Friday after four straight sessions of declines but were on track for their steepest weekly decline since late June due to market expectations that the OPEC+ group could hi...
OPEC will likely add fewer barrels than expected, says RBC's Helima Croft
Helima Croft, head of global commodity strategy at RBC Capital Markets and CNBC contributor, joins Fast Money to discuss oil market volatility ahead of the OPEC meeting, concerns over oversupply amid ...
Crude Oil Price Forecast: Failed Wedge Breakout Puts Crude at Risk of Deeper Slide
Crude oil's failed breakout turned into aggressive selling, pushing prices toward Fibonacci support zones. Current weakness raises the risk of further downside before a potential reversal.
OPEC oil output rises further in September, survey finds
OPEC's oil output rose further in September after an OPEC+ agreement to raise production, a Reuters survey found on Thursday, mainly due to higher production by the United Arab Emirates and Saudi Arab...
Crude Oil Price Outlook – Crude Oil Drifts Lower on Thursday
The crude oil market continues to see a lot of noisy trading, but at this point in time, the oil market is soft. Currently, this market has to deal with a lot of economic questions.
AI Data Centers Need More Power: Could Oil Could Be the Answer?
Francisco Blanch, head of commodities and derivatives research at Bank of America, discusses the power demand from artificial intelligence data centers which have sent wholesale electricity prices to ...
OPEC+ panel stresses need for full compliance with oil output limits
An OPEC+ panel stressed the need for achieving full compliance with oil output agreements and extra output cuts that some members are required to make to compensate for earlier exceeding quotas at a m...