Invesco DB Precious Metals Fund (DBP)
| Assets | $291.35M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.22% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 42,060 |
| Open | 113.17 |
| Previous Close | 111.97 |
| Day's Range | 112.16 - 113.17 |
| 52-Week Low | 71.12 |
| 52-Week High | 140.76 |
| Beta | 0.21 |
| 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 | 43.29% |
| Gold Future Dec 26 | n/a | 40.28% |
| Silver Future Dec 26 | n/a | 10.64% |
| Invesco Short Term Treasury ETF | TBLL | 4.01% |
| Platinum Future Oct 26 | n/a | 3.20% |
| Futures Cash Collateral | n/a | -0.08% |
| Cash | n/a | -1.34% |
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 54.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.27%.
News
Trump Still Wants Fort Knox Review ‘To See If The Gold Is There'
Trump first commented on examining the reserves at Fort Knox last February, while Musk's Department of Government Efficiency efforts were in full swing. “We're actually going to Fort Knox to see if th...
Central banks are still hungry for gold
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...
Bulls in control on Wall Street and Main Street after gold's solid showing, with inflation, retail sales, and Warsh vote 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 has climbed back above a key trend line. Are more gains on the way?
Gold broke above an important short-term technical level on Friday — a sign that the precious metal may be starting to regain momentum after a sluggish stretch since the start of the Iran conflict.
Gold, silver climb as U.S. data keep Fed path mixed - Kitco PM Report
Spot gold and silver finished firmer after the U.S. data mix showed stronger job creation, steady unemployment and weakening household sentiment. At the time of writing, spot gold was trading near $4,...
Gold (XAU/USD) Price Forecast: Moving Averages Signal Critical Turning Zone
Gold is consolidating at a key technical inflection point as short-term bearish signals emerge near major moving average resistance, while the broader long-term bull trend remains structurally intact.
Gold rebounds above $4,700 as investors look past Middle East tensions
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 stock weakness may create M&A openings as producer cash flow rises - John Feneck
Weakness in gold and mining equities since early March is exposing a gap between rising producer cash flow and lagging share prices, a divergence that could support consolidation as miners look to rep...
China and other central banks continue to buy the dip in gold
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 Price Analysis – Gold Continues to See Buyers as it Faces Resistance
The gold market gapped lower on Friday, but then turned around to show its resilience, and the underlying pressures to the upside. I like gold, but there are a lot of issues at the moment.
Spot gold hits session high after preliminary Consumer Sentiment drops to 48.2, one-year inflation expectations dip to 4.5%
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, silver extend gains as payrolls beat forecasts - Kitco AM Report
Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Friday, with metals holding gains after the April jobs report came in above expectations. At the time of wri...
Gold prices catch a solid bid after U.S. economy created 115k jobs in April
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 Technical Analysis: Peace Hopes Lift Metals Ahead of Jobs Data
Gold and silver recover as easing inflation fears and U.S.-Iran peace hopes support sentiment, but both metals still need clear breakouts to confirm the next rally.
Silver outperforms gold to test $80 as US-Iran talks drive metals volatility - Kitco PM Report
Spot gold prices were firmer and spot silver prices were sharply higher late Thursday, with traders balancing softer U.S. labor data against rising Treasury yields, oil volatility and another round of...
Gold (XAU/USD) Price Forecast: Resistance Zone Signals Key Turning Point
Gold rallied into key moving average resistance after reclaiming short-term support, but rejection near layered resistance suggests the broader corrective structure remains intact.
Gold And Silver Reach Highest Prices In Weeks Amid Iran Peace Hopes
TD Securities strategists said in a note cited by Bloomberg Thursday morning gold and silver prices are being pushed up by “headlines of a potential peace deal,” though they cautioned these price swin...
Gold and silver rally as crude slides on U.S.-Iran deal hopes - Kitco AM Report
Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Thursday, supported by lower crude oil prices, a softer U.S. dollar and lower Treasury yields as traders pri...
Spot gold near session high after U.S. weekly jobless claims rise to 200k
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 and silver's historic rally could resume 'as fog of war lifts', market watchers say
The rally in gold and silver could resume if a U.S.-Iran peace settlement is reached, market watchers told CNBC. During the conflict, gold's moves were muted, trading in opposite directions to moves i...
Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds — Gold Reclaims $4,735, Silver Hits $80 — Next Breakout?
Gold and silver held steady as the month-old US-Iran ceasefire continues to ease geopolitical fears and tanker traffic resumes through the Strait of Hormuz. Central bank buying, especially from China,...
Gold drives above $4,700 as Iran peace progress weakens U.S. dollar, analysts warn risks remain
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 (XAU/USD) Price Forecast: Wedge Breakdown Keeps Bearish Bias
Gold rebounds after a sharp decline but faces key resistance zones, with a prior wedge breakdown suggesting rallies may stall before another move toward lower support levels.
Why Safe Haven Gold Is Falling Despite The War In Iran
Gold was supposed to be a hiding place for investors during a Middle East conflict. Instead, since the Iran war started on Feb. 28, the yellow metal has dropped 11%, raising questions about its safe-h...
Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical volatility
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, silver rally on weaker dollar after crude collapses on Iran ceasefire hopes - Kitco AM Report
Spot gold prices are sharply higher and spot silver prices are also stronger in early U.S. trading Wednesday, as a weaker U.S. dollar, lower Treasury yields and a sharp pullback in crude oil prices re...
Gold Price Analysis – Gold Races Higher with Dropping Rates
Gold markets rallied early on Wednesday as rates collapsed on the news that the war could wind down. With this, the negative correlation between rates and gold pricing continues.
Gold prices holding solid gains as ADP says 109k jobs created in April
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 drives above $4,700 as Iran pear progress weakens U.S. dollar, analysts warn risks remain
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 (XAUUSD) & Silver Price Forecast: Gold Smashes $4,650 as Silver Explodes Above $76 — Continuation?
Gold reclaims bullish territory at $4,679 after clearing $4,650, supported by higher lows and rising RSI. Silver breaks out above $76 with engulfing candles and positive momentum.
Gold (XAU/USD) Price Forecast: Bearish Pressure Targets Key Support Zones
Gold remains under bearish pressure after a failed recovery, with price action pointing toward layered support zones as sellers maintain control and resistance continues to cap rallies.
Gold (XAUUSD) Price Forecast: Support Zone Holds but Gold Rally Needs More Than Oil Pullback
Spot Gold rises to $4,560.10 after Monday's low at $4,501.04 held the value zone, but a firm dollar and elevated yields keep the gold rally capped.
Gold price is attractive now, so don't wait to build a 3% to 8% position - NDR's LaForge
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 prices see some renewed buying as U.S job openings falls to 6.87 million
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 oil have been two of the hottest trades of the past one year. One of them has to break
What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.
Spot gold spikes to $4,585/oz after U.S. new home sales rise 8.9% in February, 7.4% in March
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 firms, silver gains as traders weigh Hormuz risk, dollar firmness
Spot gold prices are firmer and spot silver prices are also higher in early U.S. trading Tuesday, as perceived bargain hunting followed Monday's futures-led selloff while elevated oil prices kept infl...