Invesco DB Precious Metals Fund (DBP)
| Assets | $300.84M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.27% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 19,015 |
| Open | 110.51 |
| Previous Close | 110.91 |
| Day's Range | 109.92 - 110.57 |
| 52-Week Low | 71.12 |
| 52-Week High | 140.76 |
| Beta | 0.26 |
| 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 | 41.33% |
| Gold Future Dec 26 | n/a | 40.68% |
| Silver Future Dec 26 | n/a | 10.25% |
| Invesco Short Term Treasury ETF | TBLL | 4.03% |
| Platinum Future Oct 26 | n/a | 3.16% |
| Futures Cash Collateral | n/a | 0.54% |
| 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 52.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.16%.
News
Strong price pressure on gold, silver amid higher USDX, rising bond yields
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 Price Analysis – Gold Continues to React to Interest Rates
Gold drops early on Tuesday, as we are looking at an interest rate market that continues to rise in general. At this point, the market looks at the 4.30% level in the 10-year yield as important.
Gold market analysis for April 28 - 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 Edges Higher as Investors Assess Iran's Proposal to U.S.
Gold edged higher. The WSJ reported that Iran has offered to halt its attacks in the Strait of Hormuz in exchange for a full end to the war and a lifting of the U.S. blockade of Iranian ports.
Gold (XAU/USD) Price Forecast: Breakout or Breakdown Technical Inflection Point
Gold consolidates below key moving averages after a wedge breakdown, with resistance near recent highs while price structure remains poised for either continuation or recovery.
Gold still has a path to $5,500 in the next 12 months - Amundi's Portelli
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...
Billionaire Ray Dalio says you should have up to 15% of your money in gold because of uncertainty around the Iran war
The world is changing quickly, including with more transactions taking place away from the dollar system, says Dali.o
Gold News: Gold Price Future Hinges on Fed Signals Amid Oil-Driven Inflation
Gold price retreats as higher-for-longer rate fears dominate. With three central banks deciding this week, the gold market awaits a dovish signal before bulls return.
Gold, silver sell off on chart-based pressure
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...
Tokenized gold poised for further growth as World Gold Council pushes market standardization, says Gold Token SA CEO
Tokenized gold has been one of the fastest-growing sectors in the digital assets marketplace and it still has further upside potential as the World Gold Council embarks on a new initiative to standard...
Extended ceasefire only prolongs market uncertainty, gold's medium-term prospects strengthen while silver demand slides – Heraeus
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 Price Analysis – Gold Continues to Move on Rates
Gold continues to struggle with the lack of clarity in the Middle East at the moment, as it obviously has an influence on the bond markets. With this, neutrality remains a constant.
Gold market analysis for April 27 - 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...
Modest price pressure on gold, silver as traders assess war
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 and Silver Analysis: Precious Metals Await Breakout as Fed Risks Loom
Gold and silver remain in consolidation as Fed risks, oil prices, the U.S. dollar, and U.S.-Iran tensions keep precious metals waiting for the next major breakout.
Gold is boring again, but that's the point
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 and Main Street retreat to the fence after gold remains rangebound with central bank rate decisions on deck
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 (XAU/USD) Price Forecast: Rising Wedge Breakdown Pressure Builds
Gold remains under pressure following a rising wedge breakdown, with momentum stalled below key moving averages and downside targets emerging toward $4,381 and $4,252.
Gold stuck but central bank policies pose downside risks next week
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 Weekly Price Analysis – Gold Has a Tough Week as Rates Move Things
The market has been a very difficult place to trade lately, as the markets are paying close attention to the interest rate markets, and as a result, the headlines coming from the Middle East as well.
Spot gold at session highs after Consumer Sentiment ticks up to 49.8, one-year inflation expectations dip to 4.7%
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 price near steady as traders assess geopolitics
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 April 24 - 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) & Silver Price Forecast: Gold Holds $4,670 Pivot – Is a $4,536 Slide Looming?
Gold (XAUUSD) hovers near the $4,670 pivot as central banks buy 60 tonnes monthly. Will the 0.5 Fibonacci level hold, or are we heading toward a $4,536 retest?
Gold Funds Have Dipped. Are They Still a Good Hedge in This Market?
After a steep run-up, the precious metal—long considered a hedge in times of distress—has taken a dive. But the selloff may have had more to do with profit-taking than anything else.
Gold and Silver Analysis: Will Dollar Strength Trigger a Deeper Correction?
Gold and silver moved lower as a stronger U.S. dollar and fading rate-cut hopes pressured prices, but Middle East risks, higher oil prices, and inflation concerns still support the long-term bullish t...
Can gold hold $4,700 as oil surge reshapes rate cut expectations?
Gold was little changed to lower on Friday but remained on course for a weekly decline, as higher oil prices, firmer dollar and rising Treasury yields reduced the appeal of bullion despite continued g...
Wall Street is misreading inflation as bank credit surges, gold seen reaching $7,000 – Professor Steve Hanke
A quiet acceleration in bank lending and money supply growth is setting the stage for renewed inflation, a risk markets may be underestimating as they focus on oil prices, rate cuts, and artificial in...
Gold (XAU/USD) Price Forecast: Wedge Breakdown Signals Further Weakness
Gold breaks down from a rising wedge pattern, with key moving averages failing as support, putting lower targets in focus while broader bullish trend remains intact.
Gold demand anchored in mispriced risk as China buying signals ‘dip' opportunity
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 and silver have upside scope, but Iran and Fed concerns will keep metals markets 'nervy' as prices test key levels – StoneX
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 near steady as traders await next major war event
Gold prices are near steady but near session highs near midday Thursday. Trading has been choppy the past couple weeks as traders assess the ramifications of the war on the metals markets in the near ...
Despite volatility, higher gold prices drive Freeport Q1 earnings
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's role isn't to make you rich - it's to help you survive what's coming, says Morton Wealth CEO
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...
Spot gold approaches session high after U.S. weekly jobless claims rise to 214k
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 price modestly down, silver solidly lower on bearish outside-market forces
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 April 23 - 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) & Silver Price Forecast: Gold Teeters at $4,700 – Breakout or Breakdown?
Gold (XAUUSD) holds $4,700 as geopolitical tensions in the Strait of Hormuz offset a softer dollar. Is a massive breakout or a plunge to $4,600 coming next?
Gold hits two-week low: are rising oil prices to blame?
Gold fell to a two-week low on Friday as oil prices pushed back above $100 a barrel after renewed military tension between the US and Iran heightened inflation concerns and reinforced expectations tha...
Gold (XAU/USD) Price Forecast: Bearish Signal Faces Critical Support Confluence
Gold shows early bearish signals after a wedge breakdown, but strong support confluence and key moving averages may determine whether a deeper correction unfolds.