Invesco DB Precious Metals Fund (DBP)
| Assets | $315.28M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.13% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 10,681 |
| Open | 120.52 |
| Previous Close | 120.27 |
| Day's Range | 117.55 - 120.56 |
| 52-Week Low | 66.17 |
| 52-Week High | 140.76 |
| Beta | 0.19 |
| Holdings | 6 |
| 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 |
|---|---|---|
| Gold Future Dec 26 | n/a | 42.22% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 24.40% |
| Futures Cash Collateral | n/a | 15.45% |
| Silver Future Dec 26 | n/a | 10.84% |
| Invesco Short Term Treasury ETF | TBLL | 3.86% |
| Platinum Future Oct 26 | n/a | 3.24% |
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 78.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.
News
Gold (XAUUSD) Forecast: Fed Decision Could Trigger the Next Major Move
Gold enters a critical week as investors assess rising geopolitical tensions, surging oil prices, and expectations for the Federal Reserve meeting, while a stronger U.S. dollar and weak technical indi...
Gold's short-term setback hides a powerful long-term setup
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...
Wall Street reaches tense equilibrium on gold's near-term prospects, Main Street sentiment holds steady as markets await Fed decision, Iran breakthrough
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.
Gold under pressure as liquidity crunch boosts dollar ahead of Fed meeting
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 (XAU/USD) Price Forecast: Bear Flag Signals Potential Downside Targets
Gold's bearish momentum continues after a wedge breakdown, with a bear flag forming; key support zones between $4,550 and $4,402 will indicate whether downward targets are reached.
Gold Weekly Price Analysis – Gold Continues to See Rates, Central Banks, and War Drive Pricing
Gold has a noisy and slightly negative week, as interest rates, central banks, and war are all coming into play. Expect more volatility in the next few weeks as well.
Gold Price Forecast – War Risks and $200 Oil Could Ignite Gold's Next Bull Run
Escalating tensions with Iran, the risk of $200-per-barrel oil, and a breakout in Treasury yields are converging to create the conditions for gold's next major bull run. Here's what every precious met...
Spot gold at $5,100/oz after preliminary Consumer Sentiment falls to 55.5, one-year inflation expectations rise again
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.
Gold prices holding support at $5,100 as U.S. JOLTS shows rise in job openings
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 faces a perfect stagflation storm as Q4 GDP increases 0.7%
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 nears session high after U.S. durable goods post flat reading in January
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.
Price pressure on gold, silver ahead of key U.S. inflation report
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold market analysis for March 13 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) Technical Analysis: Strong Dollar Caps Upside Despite US-Iran Tensions
Gold briefly surged after U.S. and Israeli strikes on Iran but quickly reversed as a stronger U.S. dollar and rising Treasury yields limited safe-haven demand, leaving prices consolidating while the b...
Gold Edges Higher Amid Ongoing Middle East Conflict
Gold edges higher in early Asian trade amid the ongoing Middle East conflict. Israeli officials now assess that Iran's ruling regime is unlikely to fall in the immediate future, as Tehran's battered r...
Cash-starved junior miners poised for next leg of gold equity rally - Crescat's Kevin Smith
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 supply and price are extremely resistant to depletion or potential manipulation by miners – World Gold Council
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.
Gold, silver down as USDX rallies, bond yields rise
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold Market Analysis for March 12 - Key Intra-day Price Entry Levels for Active Traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold prices flat as U.S. housing start jumps 7.2% in January
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...
Mild price gains in gold as market pauses
Gold prices are up a bit in early U.S. trading Thursday, as the market pauses while traders weigh the bullish aspect of major geopolitical uncertainty against the bearish elements of a strong U.S. dol...
Spot gold trades at $5,174/oz after U.S. weekly jobless claims hold at 213k
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.
Why gold hasn't moved since the Iran conflict — and where it could go next
The price of gold has not rallied, despite the ongoing conflict in the Middle East. Geopolitical turmoil can create favorable conditions for the metal to rise, but resurgent inflation fears have spook...
Gold (XAU/USD) Price Forecast: Bearish Flag May Trigger Second Leg Down
Gold consolidates near the 20-day moving average following a wedge-triggered selloff, forming a bearish flag pattern that could set the stage for a second leg lower.
Private credit risks could trigger prolonged economic downturn, supports higher gold price - Unicus Research
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...
No longer outrageous: Gold now has a path to $10,000 by 2029 - Capitalight's Schieven
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...
Strait of Hormuz closure threatens US bond market as gold eyes $6,000
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.
Gold, silver down on profit taking, firmer USDX
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
As high gold prices become the baseline, mining equities are poised to outperform in 2026 – VanEck's Casanova
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.
Gold prices see some selling pressure as US CPI rises 0.2% in February
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 market analysis for March 11 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Price pressure on gold, silver; U.S. CPI on deck
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) Consolidates Above $5,000 Ahead of CPI as Middle East Tensions Drive Market
Gold prices consolidate above the key $5,000 level ahead of US CPI data, while ongoing Middle East tensions and shifting expectations for Federal Reserve policy continued to shape investor sentiment.
Gold (XAU/USD) Price Forecast: Rising Wedge Breakdown Signals Caution Ahead
Gold's breakdown from a rising wedge triggers near-term caution, with the 20-, 50-, and 100-day moving averages serving as critical support for potential stabilization or further declines.
Private credit cracks and Middle East conflict drive gold past $5,200 as active investing returns
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.