Invesco DB Oil Fund (DBO)
| Assets | $249.83M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 12.05M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 1.86% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 299,758 |
| Open | 22.47 |
| Previous Close | 22.01 |
| Day's Range | 22.35 - 23.03 |
| 52-Week Low | 11.89 |
| 52-Week High | 23.98 |
| Beta | 0.13 |
| 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 Nov 26 | n/a | 52.05% |
| Invesco Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 40.77% |
| Invesco Short Term Treasury ETF | TBLL | 11.28% |
| Cash | n/a | 0.02% |
| Futures Cash Collateral | n/a | -4.13% |
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 74.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.84%.
News
US Strikes Targets in Iran Around Strait of Hormuz
The US launched strikes against Iranian targets around the Strait of Hormuz, following Iran's attacks on commercial shipping and American forces in the region. Oil prices are spiking on the news.
Crude Oil Rebounds from Key Support as Middle East Risk Rises
Crude oil is rallying again with headlines pushing the markets on Tuesday. The market has bounced from the 200-day EMA as geopolitical escalation continues to put a floor under oil prices.
Tuesday Turbulence: Crude Oil, Yields Hit Travel & Transportation Stocks
Higher crude oil, yields, and a stronger U.S. dollar are doing no favors for the stock market, says Kevin Hincks. Escalation in the Middle East is the key driver he points to.
Crude Rises & 10-Year Yield Taps January 2025 Highs, AI Chips Lead Decline
Crude oil is once again raised concerns on Wall Street after prices hit $88 ahead of Tuesday's trading session. The 10-year Treasury yield also reached new highs not seen since January 2025.
Oil Supertankers Reportedly Struck by Projectiles in Hormuz
Two oil supertankers were struck by projectiles while attempting to exit the Strait of Hormuz, maritime security consultant Marisks said. Separately, Iranian state TV cited President Masoud Pezeshkian...
U.S.' 'win' in the war has been choking off Iran's oil exports: David Roche
David Roche of Quantum Strategy says oil flows out of the Strait of Hormuz are likely to be far lower than what the U.S. claims. He adds that while Washington's economic pressure on Tehran is growing,...
Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks
Renewed fighting revived concerns the conflict could become more prolonged and further disrupt oil flows through the Persian Gulf, just as supply risks are being compounded elsewhere.
Trump's oil deal with Venezuela raises red flags for some major producers, sources say
An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oi...
Oil prices rise as latest fighting resurrects Middle East supply disruption risks
Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world's key crude-producing region.
The $3 trillion oil market has just gotten more accessible than ever: No longer a 'rich man's game'
CME's new 10-barrel WTI contract lowers the barrier for individual oil traders. Retail oil activity is surging, potentially amplifying emotionally driven price swings, said industry veterans.
Trump's Venezuela Deal Leaves $100 Billion Question Unanswered
President Trump is framing the deal for a US stake in 65 billion barrels of Venezuelan oil as a victory that will lower gasoline prices and replenish depleted crude reserves. It's far from certain the...
How are Caracas and Washington structuring a massive oil output deal?
The large-scale oil production agreement that Venezuela and the U.S. disclosed last week requires a complicated three-layer structure to develop at least a portion of the 64 billion barrels of proved ...
Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon
President Donald Trump promised that his massive oil deal with Venezuela would "substantially lower gas prices for all Americans, long into the future." But Venezuela's oil infrastructure is in a stat...
Trump to meet with U.S. refiners as White House pushes to lower gas prices
Trump will meet Tuesday with U.S. refiners and fuel distributors to discuss expanding refining capacity and lowering gas prices. The White House says it wants “near-term steps” to boost capacity as mo...
Oil stocks in US Strategic Petroleum Reserve fall by 3.1 million barrels to lowest level since 1982
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 3.1 million barrels to 286.6 million barrels last week, the lowest level since November 1982, according to data from ...
Crude's Climb Sours New Trading Week, U.S.-Venezuela Deal to Buoy Risks
Escalation between the U.S. and Iran sets a sour tone for a new trading week as crude oil prices surge into Monday's session. Kevin Hincks explains how the headlines will hit the stock market short-te...
Crude Oil Surges Amid U.S.-Iran Firefight, August Jobs Report Looms
The U.S. and Iran publicly acknowledged strikes against each other for the first time in over a month. Jenny Horne points out that the headlines have sent crude oil prices spiking ahead of Monday's tr...
Venezuela deal won't solve oil crisis from Hormuz disruption: Rystad Energy
Claudio Galimberti, Chief Economist at Rystad Energy, says it will take “a few years” for Venezuela to significantly increase its crude oil production.
Experts, lawyers puzzled over US-Venezuela oil deal, call for contract transparency
A massive long-term oil deal expected to grant the U.S. access to a fifth of Venezuela's crude reserves has energy experts and lawyers questioning its legality and eventual execution, while calling o...
Trump to host oil executives after accusing refiners of gouging consumers
President Donald Trump has accused U.S. oil refiners of gouging Americans, called for a Justice Department investigation and urged companies to use their bumper earnings to bring down gasoline prices...
Depleted US oil stash loses potency as Iran war grinds on
Six months into the U.S.-Israeli war with Iran, Washington may find it harder to calm jittery oil markets after U.S. presidents drained the aging Strategic Petroleum Reserve over the last five years.
A Venezuela oil deal would supplement Canada spat, expert says
Former Deputy National Security advisor Victoria Coates discusses reports that the U.S. is nearing a long-term Venezuela oil deal on ‘The Bottom Line.'
Gold (XAUUSD) Price Forecast: Larak Strike Lifts Oil as Gold Extends Friday's Selloff
Gold market pressure builds as the Larak Island strike lifts oil, inflation risk stays elevated and Warsh's rate-hike warning keeps the dollar and yields firm.
Oil rises over 1% after U.S. forces strike two Iranian rocket launchers on Larak Island
Oil prices rose more than 1% in early Asian trading on Monday. Concerns over supply disruptions were heightened after U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday.
Oil jumps more than 2% after US attack on Iran's Larak island
Oil prices jumped more than 2% on Monday, with Brent back above $90 a barrel, after U.S. forces struck two Iranian launchers on Iran's Larak island in the Strait of Hormuz on Sunday, the first...
Trump says US will refill Strategic Petroleum Reserve using Venezuelan oil
U.S. President Donald Trump said on Sunday that oil from a recently struck deal with Venezuela will be used to replenish the Strategic Petroleum Reserve, which has been drawn down sharply in recent ...
The U.S. Takes Control Of Venezuelan Oil—Sort Of
Although few details have been forthcoming, the Trump Administration's announcement that the U.S would take partial control of 65 billion barrels of oil reserves in Venezuela has left many to scratch ...
Venezuela says Trump's historic oil deal targets 1.5M barrels per day, could generate $200B
Venezuela's Delcy Rodriguez says the 25-year oil deal with President Donald Trump targets 1.5 million barrels per day across 17 strategic oilfields initially.
Venezuela's interim president says US energy deal will last 25 years
Venezuelan interim President Delcy Rodriguez said on Saturday that an energy agreement with the U.S. would remain in force for 25 years, target an increase in crude output to 1.5 million barrels per...
US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports
The U.S. government plans to take a 35% passive stake in Venezuelan businessman Alejandro Betancourt's North American Blue Energy Partners, the Wall Street Journal reported on Saturday, citing peopl...
How To Manipulate The Oil Market For Profit
President Donald Trump made a potentially market-moving announcement Friday evening. He said the United States had reached what he called “THE BIGGEST OIL DEAL IN WORLD HISTORY,” giving the U.S. major...
