Invesco DB Precious Metals Fund (DBP)
| Assets | $232.29M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.60M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.48% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 2,250 |
| Open | 101.19 |
| Previous Close | 100.21 |
| Day's Range | 100.69 - 101.29 |
| 52-Week Low | 75.54 |
| 52-Week High | 140.76 |
| Beta | 0.25 |
| 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 |
|---|---|---|
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 43.07% |
| Gold Future Dec 26 | n/a | 39.11% |
| Silver Future Dec 26 | n/a | 9.07% |
| Invesco Short Term Treasury ETF | TBLL | 4.76% |
| Platinum Future Oct 26 | n/a | 2.81% |
| Futures Cash Collateral | n/a | 1.19% |
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 34.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.52%.
News
Wall Street goes full-bull on gold as rate-hike bets recede, Main Street maintains bullish majority with Fed minutes on the menu
Gold prices pushed higher this week, as fading expectations for a September Fed rate hike helped the precious metal extend its August rebound despite intermittent pressure from a firmer dollar, rising...
Gold (XAU/USD) Price Forecast: Pullback Risk After Resistance Test
Gold stalled near the 100-day moving average at $4,450 this week after triggering a bullish reversal, with Friday's recovery leaving the door open for a deeper pullback to build momentum.
Gold Has Been in Bull Market for 25 Years, Wilson Says
Mike Wilson, Morgan Stanley chief US equity strategist and CIO, talks about using gold as a defensive asset to protect your portfolio. He says gold has been in a bull market for 25 years.
Spot gold nears $4,400/oz after preliminary Consumer Sentiment falls to 51, one-year inflation expectations rise
The gold market is trading near session highs after the latest data showed consumer sentiment in the U.S. declining, with shorter-term inflation expectations ticking higher.The University of Michigan ...
Gold (XAU/USD) Price Forecast: $4,450 Rejection Puts Recovery to the Test
Gold's rejection near $4,450 and converging moving-average resistance raises pullback risk, while key support levels will determine whether the broader recovery remains intact.
Cooler CPI and PPI boost gold and ease rate hike bets, but the Fed needs more from core ahead of September – Experts
Gold prices got a boost from a reassuringly in-line CPI report on Wednesday, and while Thursday morning's equally benign PPI print didn't push prices higher, the yellow metal has successfully broken o...
UBS sees gold price challenging $5,000/oz in H1 2027 on lower real rates, softer USD and strong sovereign demand
Gold prices have faced the strong headwind of a high opportunity cost for much of 2026, but falling real rates will drive investors back to the precious metal, with a weaker dollar and strong central ...
Gold (XAUUSD) Price Forecast: Gold Rally Stalls as Dollar Holds Firm
Gold Got Everything It Wanted and Still Could Not Hold the High Spot gold hit $4,449.83 Thursday morning and gave back nearly $86 in a matter of hours. CPI was soft Wednesday.
Spot gold approaches $4,400/oz after U.S. weekly jobless claims rise to 209k
Gold prices are getting closer to the $4,400 per ounce level on Thursday morning following the release of worse than expected labor market data after the number of Americans filing new claims for unem...
Spot gold at $4,387/oz after July PPI posts flat 0.0%, core PPI up 0.2%
The gold market is holding steady after the latest data shows U.S. producers saw easing price pressures on balance last month.The headline Producer Price Index (PPI) posted a flat 0.0% in July, follow...
Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months
Gold settled at a two-month high on Wednesday, and investors who spent the summer waiting for an opening are now chasing a rally that many hope still has room to run.
How to trade gold prices as Fed rate hike and inflation odds shifts
The price of gold has experienced big swings in 2026 after hitting a record early in the year above $5,000. Last week, the precious metal, along with silver, turned in its best performance in months.
LBMA snapshot survey predicts gold price average near $4,500/oz by year-end
Spot gold will trade on either side of $4,500 per ounce at the end of 2026, according to a new survey published by the London Bullion Market Association (LBMA).The LBMA surveyed 16 professional analys...
Spot gold spikes above $4,438/oz as annual core CPI rises 2.5% in July
The gold market is setting fresh session highs after the latest data showed U.S. inflation pressures cooled in line with expectations last month.The headline Consumer Price Index (CPI) rose by 0.1% la...
China's gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association
China's total gold consumption rose 1.23% in the first half of 2026, according to the latest data from the China Gold Association (CGA).Gold consumption in China came in at 511.41 tonnes in the first ...
Spot gold at $4,385/oz after U.S. existing-home sales fall -1.7% to 4.06 million in July
Spot gold is dropping back into the red on the session this morning after the latest data showed the U.S. housing market pulling back but still beating expectations last month.Total existing-home sale...
Gold Price Could Test and Move Beyond Recent Highs
The combination of improving positioning, supportive flow dynamics, lower real yields, a steeper yield curve, easing Fed expectations and persistent central bank buying has helped propel gold back tow...
Price correction ‘improved the long-term risk-reward profile' for both gold and silver – Sprott's Smirnova
Gold's months-long price decline was a not a trend reversal but only a correction, with rising debt, high deficits, central bank buying and geopolitical fragmentation reinforcing gold's strategic role...
