Invesco DB Precious Metals Fund (DBP)
| Assets | $238.49M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.60M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.44% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 4,648 |
| Open | 102.06 |
| Previous Close | 103.37 |
| Day's Range | 102.06 - 102.75 |
| 52-Week Low | 81.27 |
| 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 28.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.59%.
News
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 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.
Long-term gold price remains supported by commodity-led inflation - Saxo Bank's Hansen
After seeing its biggest monthly gain since the start of the year, the gold market is starting September on the back foot as prices test support near $4,350 an ounce.
Gold Price Hits 10-Day Low as Rising Yields Test Support
Gold markets are dropping early on Tuesday, as rates continue to rise in America and beyond. The market has reached a fresh 10-day low as rate repricing puts pressure on the non-yielding asset.
Gold Rises; Jackson Hole Speech May Limit Near-Term Upside
Gold rose. The macro environment has become more supportive with softer U.S. data, easing yield pressures and a less consistently strong U.S. dollar which helps precious metals regain momentum, OCBC s...
Treasury's ramped-up bond buybacks soften the U.S. dollar and boost the gold price – Julius Baer
The Treasury Department's doubling of planned U.S. debt buybacks has intensified debate about bond market intervention and has revived the USD debasement trade, with gold and silver benefiting from a ...
Fed's hawkishness will drive gold price toward $4,200/oz this year, but $5,350 by Q3 2027 still in play – TD Securities' Melek
Fed Chairman Kevin Warsh leaned hawkish in his speech from Jackson Hole, Wyoming on Friday, reiterating the central bank's commitment to keeping inflation under control, and this stance could be a sig...
Gold (XAUUSD) Price Forecast: Larak Strike Lifts Oil as Gold Extends Friday's Selloff
Gold market pressure builds as the Larak Island strike lifts oil, inflation risk stays elevated and Warsh's rate-hike warning keeps the dollar and yields firm.
Gold is Glittering This Quarter
The precious metal rallies Gold is showing signs of life. After suffering its worst quarterly return in more than a decade amid rising yields and other pressures, gold has rebounded roughly 15% since ...
Gold Slips as Markets Await Fed Chairman Comments at Jackson Hole
Gold declined in Asian trade. Markets appear to be waiting for Fed Chairman Kevin Warsh to clarify his views on when the central bank is likely to react to inflation when he speaks at the annual Jacks...
