Invesco DB Precious Metals Fund (DBP)
| Assets | $231.37M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.60M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.50% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 2,390 |
| Open | 101.00 |
| Previous Close | 99.60 |
| Day's Range | 100.25 - 101.01 |
| 52-Week Low | 82.71 |
| 52-Week High | 140.76 |
| Beta | 0.26 |
| Holdings | 8 |
| 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 Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 41.92% |
| Gold Future Dec 26 | n/a | 39.58% |
| Silver Future Dec 26 | n/a | 9.18% |
| Invesco Short Term Treasury ETF | TBLL | 4.67% |
| Platinum Future Oct 26 | n/a | 2.35% |
| Futures Cash Collateral | n/a | 1.71% |
| Platinum Future July 27 | n/a | 0.59% |
| Cash | n/a | -0.00% |
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 23.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.46%.
News
Wall Street turns bullish on gold price ahead of the Fed, Main Street clings to slim bullish majority despite weekly slide
The latest Kitco News Weekly Gold Survey showed Wall Street returning to its bullish bias after gold's late-week rebound, while Main Street further pared back its bullish majority following another we...
If these key gold price levels fail, expect accelerated near-term selling – TD Securities
Gold is outperforming other precious metals despite the headwinds of higher energy prices and rising Fed hike expectations, but Commodity Trading Advisors (CTA) and major funds could become sellers if...
Kalshi launches ‘perps' for gold and silver following CFTC approval, expanding futures offerings
Kalshi has received approval for and launched perpetual futures on precious metals gold and silver, the company told CNBC exclusively. The prediction market platform first received approval to launch ...
‘The bull trend will resume' and ‘you want to scale into a long position' as gold price nears $4,000 pre-FOMC – Goldman Sachs' Kim
The gold market's relative underperformance since February is not a failure of the bull market, but merely a pause, and the yellow metal has fresh all-time highs in its medium-term future, according t...
‘Synchronised build-up of physical, futures, and options exposure' to drive gold price higher - Société Générale
ETFs, futures and options positioning all indicate that gold remains in a broad-based bull market in 2026, with multiple independent demand channels reinforcing one other, according to analysts at Soc...
Gold Price Forecast: $4,500 Caps Momentum Ahead of CPI
Gold remains caught near $4,450, with the 50-day EMA offering support and $4,500 limiting upside momentum. CPI, central bank policy and geopolitical risks could determine whether the tight market fina...
Gold Price Forecast: Rate Hike Risk Builds Ahead of US CPI
Gold remains fairly neutral as stronger US employment data boosts rate-hike expectations and puts renewed focus on Treasury yields. With price sitting just above the 50-day and 200-day EMAs, US CPI co...
Wall Street indecisive after gold price rollercoaster ride, Main Street clings to bullish majority as CPI takes center stage
The latest Kitco News Weekly Gold Survey showed Wall Street split between bulls, bears, and fence-sitters after gold's mercurial week, while Main Street pared back its bullish majority following anoth...
Rising gold price and spiking global yields reflect investor fears about skyrocketing debt levels – Invesco's Hamilton
Investors are beginning to treat gold less as a tactical play and more as a strategic allocation as government debt levels continue to spiral higher, according to Christopher Hamilton, head of client ...
Fed is ‘all talk, no action' as debt pressure sets stage for higher gold price - AuAg's Eric Strand
Gold investors may have to endure more volatility as markets continue to wrestle with stubborn inflation and the prospect of higher interest rates, but one fund manager says the market is focused on t...
Gold Price Forecast: $4,500 Test Sets Stage for NFP
Gold has pulled back after reaching $4,500, with traders now focused on Friday's jobs report. A hotter-than-anticipated number could work against gold as rates continue to grind higher.
Gold Falls; Markets Await Further U.S. Jobs Data
Comex gold futures might rise toward $4,600 an ounce, based on technical analysis, StoneX's Matt Simpson says in commentary. Support has been found around the 200-day exponential moving average and th...
Goldman Sachs sees gold price at $4,900/oz by year-end, but investors hedging through gold derivatives could drive it even higher
Gold prices will rise to $4,900 per ounce by the end of 2026 amid strong demand from central banks seeking to diversify their foreign currency reserves, while investors using gold derivatives to hedge...
Gold (XAUUSD) Price Forecast: XAUUSD Bounces from Value Zone Test as Yields Hit 4.8%
Gold bounced from $4,282.62 inside a key retracement zone Wednesday but yields near 4.8% and 68% September hike odds kept the rate trade in control of XAUUSD.
Can gold price catch a bid? US labor market continues to struggle as ADP says 38K jobs created in August
After seeing significant selling pressure since the start of the week, the gold market is trying to find some solid ground as the private sector created fewer jobs than expected in August.
