Invesco DB Precious Metals Fund (DBP)
| Assets | $203.90M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.55M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.70% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 11,957 |
| Open | 92.74 |
| Previous Close | 92.61 |
| Day's Range | 92.74 - 93.62 |
| 52-Week Low | 74.64 |
| 52-Week High | 140.76 |
| Beta | 0.24 |
| 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 |
|---|---|---|
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 40.73% |
| Gold Future Dec 26 | n/a | 37.95% |
| Silver Future Dec 26 | n/a | 8.50% |
| Invesco Short Term Treasury ETF | TBLL | 5.16% |
| Futures Cash Collateral | n/a | 4.93% |
| Platinum Future Oct 26 | n/a | 2.71% |
| Cash | n/a | 0.01% |
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 21.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.09%.
News
Wall Street cautious after gold's lack of follow-through, Main Street bullish with Fed decision on deck
The latest Kitco News Weekly Gold Survey showed Wall Street bearish or undecided on gold's near-term prospects, while Main Street sentiment remained improved after the yellow metal defended $4,000 sup...
Gold (XAU/USD) Price Forecast: Can Gold Break Above $4,203 Resistance?
Gold is testing key support after its recent breakout, with a sustained move above $4,203 potentially confirming a bullish reversal toward the 200-day moving average.
China's June gold imports hit fresh two-year high of 173 tonnes as lower prices boost demand
China's gold imports set a fresh two-year high in June, with the plunge in international gold prices making the yellow metal even more attractive in the world's biggest market for bullion.
Investors should still hold a modest amount of gold - BlackRock's Koesterich
Gold's inability to hold gains above $4,100 an ounce continues to highlight near-term downside risks. However, an expert at the world's largest asset manager continues to recommend investors maintain ...
Spot gold spikes to $4,070/oz high as U.S. new home sales rise 1.6% in June
Gold prices are trading near their session highs on Friday morning after the latest data showed the U.S. housing market improving in June.New home sales rose 1.6% last month, lower than the expected 3...
Gold Weekly Price Analysis – Gold Consolidates Near $4,000 Support as High Rates Cap Gains
The gold market has rallied a bit during the course of the week, initially showing signs of strength. However, we have seen the same resistance play out again.
Gold Price Analysis – Gold Defends $4,000 Support Floor as High Rates Cap Gains
The $4,000 level continues to act as support and an area that has attracted a lot of attention from gold traders and has shown itself to be important yet again.
China is winning the war in the Middle East, and gold and the dollar will start to feel it, strategist says
China's resilience in the face of the U.S.-Iranian conflict has one strategist saying that gold will be the big winner and the U.S. dollar the loser from the revolution in the world order.
Gold and Silver Price Forecast: Strong Dollar Keeps Precious Metals Under Pressure
Gold and silver remain under pressure as a stronger US Dollar and higher interest rate expectations limit recovery, while both metals trade near key technical levels that could determine the next majo...
Retail investors remain confident in gold despite recent selling as healthy profit-taking replaces panic, says EverBank's Gaffney
Although gold continues to struggle near $4,000, support is holding, and retail investors are showing little sign of capitulation, according to one market expert, who said the current selling reflects...
Billionaire John Paulson says gold bull market still in early stages
The gold market continues to struggle to hold gains above $4,100 an ounce, and although prices are consolidating at a critical support level, one major gold investor is not giving up on the rally anyt...
Iran war continues to impact sovereign gold holdings, with Azerbaijan and Pakistan the latest examples
The Iran war continues to impact the gold purchases and sales of central banks and state entities, destabilizing one of the pillars of the multi-year gold rally.On Thursday, the State Oil Fund of Azer...
Gold Price Analysis – Gold Trapped Between $4,000 Support and $4,200 Resistance
The gold market dropped early on Thursday as the overall consolidation area continues to be a major area of importance in the market. Higher rates continue to be a massive problem, though.
Spot gold falls to session lows after U.S. weekly jobless claims drop to 187k
Gold prices are at session lows on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in be...
Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally
Spot gold and silver prices have rallied this week, but remain well below all-time highs achieved in late January. Analysts attribute recent gains to "bargain hunting" but see little chance of a susta...
Gold Steady Ahead of Central Bank Decisions
Gold was steady. While a modest dollar pullback has supported gold prices, the broader outlook for the metal remains bearish in the near term due to elevated bond yields across major economies, said C...
John Paulson says we are in the early stages of a long-term bull market for gold
"I do think we're in the beginnings or the early stages of a long-term bull market for gold," Paulson said. The billionaire investor said demand for bullion continues to broaden, led by central banks ...
John Paulson: Gold in the early stages of a long-term bull market
Paulson & Company's John Paulson and NovaGold's Thomas Kaplan join 'The Exchange' to discuss Paulson's thoughts on the price of gold, how to invest in the commodity and much more.
Rising economic fears weakening inflation's stranglehold on gold prices - CRU
The renewed chaos in the Middle East has once again reignited inflation fears, pressuring gold as investors price in the prospect of higher interest rates. However, one precious metals analyst argues ...
Gold Price Analysis – Gold Rallies Near $4,200 Resistance Despite Rising Rates
Gold continues to rise despite rising rates in the United States. With this, the market will need to reconcile this divergence in recent pricing one way or another.
Gold (XAU/USD) Price Forecast: Breakout Signals Point to Higher Prices
Gold has broken above key trend resistance, with a potential double bottom developing, but a major test near $4,203 could determine whether the reversal gains momentum.
Despite Middle East escalation, interest rates remain the key price driver for gold and silver – StoneX
Interest rates are still the key driver for precious metals prices even as the conflict between the United States and Iran escalates further, with gold and silver facing continued downside risk, accor...
Gold Price Analysis – Gold Defends $4,000 Support Level as Death Cross Remains
The gold market has bounced a bit during the early part of the trading session on Monday, as we continue to see the death cross loom large. At this point in time, the market still watches several thin...