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 | 2.26% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 14,328 |
| Open | 110.56 |
| Previous Close | 110.56 |
| Day's Range | 110.56 - 111.63 |
| 52-Week Low | 71.12 |
| 52-Week High | 140.76 |
| Beta | 0.26 |
| Holdings | 6 |
| 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 | 41.22% |
| Gold Future Dec 26 | n/a | 40.63% |
| Silver Future Dec 26 | n/a | 10.42% |
| Invesco Short Term Treasury ETF | TBLL | 4.01% |
| Platinum Future Oct 26 | n/a | 3.24% |
| Futures Cash Collateral | n/a | 0.49% |
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 53.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.20%.
News
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 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 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.
Mind "Noise" in Gold & Crude Oil, Navigating Volatility in Commodities
Gold and crude oil volatility is telling nothing about short-term trends, says David McAlvany. "Noise" surrounding volatility and shorter-term traders in commodities lead to what David considers a hea...
Tokenized gold shines even as crypto market cap drops 40% in Q1 - Swyftx
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 gain on perceived bargain buying
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...
Switzerland's gold exports rise 30% as investors seek safe haven amid global uncertainty
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: Bond Market Swings Keep XAU/USD in Focus
The gold market rallied early on Wednesday as interest rates in the US continue to drive where we are going. At this point, the markets are moving on the latest headlines from the conflict, and how th...
Gold market analysis for April 22 - 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...
Price gains for gold, silver amid friendly outside markets
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: Metals Bounce as US-Iran Ceasefire Eases Oil Risk; Gold Squeezed at $4,755—Is a $4,800
Gold holds near $4,755 as the US-Iran ceasefire extension eases inflation fears. Will XAU/USD break $4,800 resistance or retest support at $4,669?
Gold and Silver Technical Analysis: Ceasefire Extension Supports Precious Metals
Gold and silver found support as the U.S.-Iran ceasefire extension lowered oil prices, eased inflation fears, and weakened the dollar, while both metals continued to hold constructive technical struct...
Gold rises on Iran ceasefire: can gains hold as oil cools?
Gold climbed on Wednesday after President Donald Trump extended the Iran ceasefire, though gains were tempered as easing oil prices reduced some inflation concerns even while the broader geopolitical ...
Silver's fair value is closer to $40, but remains supported by higher gold prices - Commerzbank
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...
Russia has already sold 22 tonnes of gold this year amid declining ruble, rising deficits
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 sharply down amid upticks in USDX, 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 Sit Near $4800
Gold drops a bit early on Tuesday, as rates have risen slightly in the USA. At this point, it is important to pay close attention to the risk parameters in the Middle East driving how rates behave.
Spot gold trades at $4,780/oz as U.S. pending home sales surprise with 1.5% rise 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 prices could struggle as jump in US retail sales could delay rate cuts
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...