Invesco DB Precious Metals Fund (DBP)
| Assets | $283.31M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.32% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 8,395 |
| Open | 108.34 |
| Previous Close | 112.28 |
| Day's Range | 108.00 - 108.71 |
| 52-Week Low | 71.12 |
| 52-Week High | 140.76 |
| Beta | 0.21 |
| Holdings | 7 |
| Inception Date | Jan 5, 2007 |
About DBP
Fund Home PageThe Invesco DB Precious Metals Fund (DBP) is an exchange-traded fund that is based on the DBIQ Optimum Yield Precious Metals index. The fund tracks an index of gold and silver futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango. DBP was launched on Jan 5, 2007 and is issued by Invesco.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 44.30% |
| Gold Future Dec 26 | n/a | 39.90% |
| Silver Future Dec 26 | n/a | 11.28% |
| Invesco Short Term Treasury ETF | TBLL | 4.15% |
| Platinum Future Oct 26 | n/a | 3.23% |
| Cash | n/a | -0.58% |
| Futures Cash Collateral | n/a | -2.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $2.50366 | Dec 26, 2025 |
| Dec 23, 2024 | $2.55968 | Dec 27, 2024 |
| Dec 18, 2023 | $2.23426 | Dec 22, 2023 |
| Dec 19, 2022 | $0.21759 | Dec 23, 2022 |
| Dec 23, 2019 | $0.5253 | Dec 31, 2019 |
| Dec 24, 2018 | $0.4495 | Dec 31, 2018 |
Performance
DBP had a total return of 54.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.02%.
News
Joe Cavatoni's Bull Case in Gold & Jewelry as U.S.-Iran Tensions Persist
Joe Cavatoni of the World Gold Council breaks down the latest moves in the metals market. He points to geopolitical tensions and Middle East driving prices in the yellow metal higher.
Inflation Impact Spreads as Treasury Yields, Gold, Silver and Stocks Face Volatility
Inflation pressure, rising Treasury yields, and uncertain U.S.-China trade signals keep markets volatile as investors assess the outlook for the U.S. dollar, gold, silver, U.S. stocks, Nvidia, Tesla, ...
Rising real yields crush precious metals momentum
Bullish momentum in the precious metals market suffered a significant blow this week, with gold ending down nearly 4% and silver tumbling roughly 13% from recent highs, underscoring the continued pres...
Wall Street sees gold dropping further as yields and the dollar strengthen, Main Street maintains bullish bias as $4,500 emerges as critical support
Gold prices showed promise in the early going this week, but the yellow metal deteriorated steadily as the days progressed, with every move higher capped by hotter inflation data, higher yields and a ...
Gold and silver slammed as Iran war fuels inflation and rate hike fears
Gold investors are once again dealing with dashed bullish hopes and dreams, as no meaningful progress has been made toward ending the war in Iran and reopening the Strait of Hormuz, which continues to...
Jeff Currie turns near-term bearish on gold, but sees massive commodity upside
The commodity market represents the biggest asymmetrical trade in global financial markets, even as gold continues to face significant headwinds from rising inflation pressures and the war in Iran, wh...
Gold And Silver Plunge On Inflation Fears After Hitting Highest Prices In Months
Silver approached the $90 mark on Wednesday—a level it has not hit in more than two months—closing at $89.17 that day. The price of the metal surged largely because of increasing investor optimism in ...
Gold breaks below $4,600 as dollar, yields overpower haven demand - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Friday, as a firmer U.S. dollar, higher Treasury yields and oil-led inflation concerns offset safe-haven demand tied to the Strait o...
Gold (XAUUSD) & Silver Price Forecast: Trump-Xi Summit + Hot CPI — Gold Crashes Below $4,600, Silver Below $78?
Hotter US CPI and the Trump-Xi summit weighed on precious metals as the ceasefire holds. Gold printed a decisive breakdown below $4,600 with RSI under 40 while silver broke its ascending channel targe...
Gold and Silver Technical Analysis: Oil Shock Pressures Metals as Breakout Risks Build
Gold and silver remain under pressure as higher oil prices, rising Treasury yields and a stronger U.S. dollar weigh on sentiment, while silver shows relative strength and waits for a clear breakout.
Silver drops 4.6% as yields rise, gold holds above $4,650 - Kitco PM Report
Spot gold prices are lower and spot silver prices are sharply lower after the close Thursday, as firmer Treasury yields and a stronger dollar offset safe-haven demand tied to renewed Strait of Hormuz ...
Gold (XAU/USD) Price Forecast: Range Compression Near Key Breakout Zone
Gold trades within a tightening multi-day range as a broadening formation develops, with key resistance and support levels defining the next directional breakout or breakdown.
Gold and silver await fresh catalyst despite supportive fundamentals - Sucden Financials
Gold and silver continue to draw support from solid longer‑term fundamentals through the second quarter, but one investment firm said the market is still waiting for a clear macroeconomic trigger befo...
Gold Price Analysis – Gold Continues to Bounce in a Tight Range
Gold continues to be very noisy on Thursday, as traders have to watch interest rates, headlines, and the overall risk appetite of the trading community. At this point, there are a few places we will b...
Spot gold approaching session high after U.S. weekly jobless claims rise to 211k
Gold prices were climbing toward highs on Thursday morning following the release of worse-than-expected labor market data after the number of Americans filing new claims for unemployment benefits were...
Gold firms near $4,700, silver slips as Hormuz talks steady oil - Kitco AM Report
Spot gold prices are firmer and spot silver prices are softer in early U.S. trading Thursday, as traders weigh sticky inflation signals, Treasury yields near the 4.4% area and a still-fragile U.S.-Ira...
Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Defends $4,697, Silver Surges to $87 as CPI Hits Rate Cuts?
Gold and silver consolidate as investors weigh sticky inflation data against the ongoing ceasefire. Gold bounces at $4,697 support while silver rides strong ascending momentum toward $88.
Gold weakens, silver tests $90 after April producer-price shock - Kitco PM Report
Spot gold prices were lower and spot silver prices were firmer in late U.S. trading Wednesday, as a hot U.S. producer-price print, a firmer dollar and Treasury yields near the 4.5% area offset safe-ha...
Gold remains an attractive long-term asset as inflation takes its toll - Fawad Razaqzada
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
India's 15% import tariffs on gold and silver will impact precious metals demand, prices, currency - Experts
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Record gold cash flow highlights mining sector's growth challenge, Mazumdar says
Gold producers are reporting record free cash flow, profits, cash balances, and shareholder returns as higher prices expand margins across the sector, but production growth remains constrained, increa...
Gold Price Analysis – Gold Continues to React to Wild Rates
The gold market has pulled back early on Wednesday, as we are looking to find some kind of clarity. Unfortunately, that clarity won't be coming anytime soon as the leaders of a few countries continue ...
India has increased tariffs on gold. Why it might paradoxically be a positive signal for the metal.
The Indian government is trying to alleviate pressure on its currency by discouraging gold imports. However, some analysts think this will likely have the opposite effect of that intended as investors...
Gold and silver slip after hot PPI boosts yields - Kitco AM Report
Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.
Gold prices touch session lows a producer inflation heats
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold (XAUUSD) & Silver Price Forecast: Truce Steady, CPI Hotter — Can Gold Defend $4,702 While Silver Eyes $87?
US CPI hotter than forecast tempers near-term rate-cut hopes as the US-Iran ceasefire holds firm. Gold tests descending channel support at $4,702 while silver delivers a powerful breakout above $86 ta...
Gold and Silver Technical Analysis: $5,000 Breakout in Focus as XAGUSD Eyes $100
Gold remains supported by inflation pressure and geopolitical uncertainty, while silver shows stronger momentum as prices approach the key $90 to $100 breakout zone.
Gold slips, silver firms as CPI lifts yields and dollar - Kitco PM Report
Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.
Gold (XAU/USD) Price Forecast: Resistance Zone Tests Market Direction
Gold sits at a major technical inflection point as converging moving averages define resistance, while support levels suggest either a breakout or renewed corrective pressure.
Gold will navigate near-term headwinds to reach $5,000/oz by year-end – ING's Manthey
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Pierre Lassonde says the $40 trillion U.S. debt crisis is paving the way for gold to reach $17,250 an ounce
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
