Invesco DB Oil Fund (DBO)
| Assets | $387.91M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 16.75M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 2.21% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 3,015,248 |
| Open | 19.73 |
| Previous Close | 19.03 |
| Day's Range | 19.00 - 19.75 |
| 52-Week Low | 11.59 |
| 52-Week High | 21.41 |
| Beta | 0.06 |
| 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 | 53.43% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 41.19% |
| Futures Cash Collateral | n/a | 15.65% |
| Invesco Short Term Treasury ETF | TBLL | 7.38% |
| Cash | n/a | -17.65% |
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 40.35% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.01%.
News
Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis
The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for more immediate oil deliveries points to the tightness of physical supply right now...
When the Strait of Hormuz fully reopens, this will be crucial to global oil markets
No one yet knows when the Strait of Hormuz will fully reopen, but rebuilding energy infrastructure and restoring production in the Middle East are what matter most to the global oil market.
J.P. Morgan warns oil could top $150 if disruptions persist into mid‑May
Oil prices could spike to $120-$130 per barrel in the near term, with a risk of surging above $150 if supply flows through the Strait of Hormuz remain disrupted into mid-May, J.P. Morgan said in a n...
WTI Crude Prices Overcome Brent, Implications for Inventories & FOMC
Ben Cook adds clarity to what he considers a headline-driven market. He notes that investors pricing in a conflict cooldown, offering levity ahead for energy markets.
Trump's Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk
The oil market was hoping that President Donald Trump would present a clear exit strategy in the U.S. war against Iran. Instead, Trump vowed to continue the war for weeks and hit Iran "extremely hard"...
Crude Oil Price Analysis – Crude Rockets Higher on Thursday
Crude oil rockets higher as tensions in the Middle East continue to drive where we are going. After the Trump speech, it appears traders are betting on a messy ending to any conflict.
"Be Careful:" Stock Market Plunges After Trump's Speech, Crude Oil Soars
Kevin Hincks believes President Trump spoke to Iran in Wednesday night's address where he threatened to send the country "back to the Stone Age." Futures plunged on the president's rhetoric and crude ...
OPEC+ likely to weigh further oil output hike on Sunday, sources say
OPEC+ is likely to weigh a further oil output increase when eight members meet on Sunday, two OPEC+ sources said, a move that would position key producers to add more barrels should the Strait of Hor...
Trump's Iran timeline may not be short enough to avoid oil demand destruction
U.S. President Donald Trump said he will end the war in Iran within three weeks. Concerns about oil demand destruction and potential energy rationing are still lingering in markets.
Natural Gas and Oil Forecast: Oil Surges to $105 – Is a $120 Breakout Next?
Oil hits $105 as geopolitical risks threaten 20% of global supply. While WTI eyes a $111 breakout, Natural Gas remains pressured by high storage and mild weather.
Oil Prices Rebound as Trump Exit Talk Fails to Ease Strait of Hormuz Supply Fears
Oil prices briefly fell after Donald Trump's comments raised hopes of a U.S. exit from the Iran conflict, but quickly rebounded as unresolved tensions and risks around the Strait of Hormuz kept supply...
Price of Brent Should Be Higher to Reflect Situation in Iran War, Says Ellen Wald
Ellen Wald, president of Transversal Consulting and senior fellow at the Atlantic Council, said that despite high oil prices she feels the price of brent should be even higher to reflect the reality o...
Our base case for Q4 oil prices is about $20 higher than before the war: Goldman's Daan Struyven
Daan Struyven, co-head of global commodities research at Goldman Sachs, joins 'Squawk Box' to discuss the state of energy markets, impact of the Iran war on oil prices, and more.
Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
The oil supply shock will be worse this month than in March, according to IEA Chief Fatih Birol. Birol told the “In Good Company” podcast his organization was weighing another release of strategic oil...
Front-month Brent oil futures extend gains after record monthly rise in March
Oil prices ticked up in early Wednesday trade, with Brent front-month futures extending a record March rally as Middle East volatility kept markets jittery, despite reports that the U.S. and Iran may...
Crude Oil Price Forecast: Bullish Trend Targets $110 Zone
Crude oil maintains bullish structure above key support, with momentum improving and Fibonacci projections pointing toward a potential continuation move targeting the $110 price zone.
Oil prices saw a record rise in March. Why the U.S. may not need to reopen the Strait of Hormuz.
President Donald Trump has reportedly told aides that he's willing to end the U.S. military campaign against Iran even if the strait remains largely closed.
OPEC oil output plunges in March as war forces export cuts, Reuters survey finds
OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in June 2020, a Reuters survey found, as the U.S.-Israeli war against Iran effectively closed the St...
Oil whipsaws as traders digest mixed messaging around Iran war
Crude prices are volatile as developments in the conflict in the Middle East and mixed messaging around the potential for further escalation keep markets on edge. CNBC's Dan Murphy has the latest from...
