Invesco DB Precious Metals Fund (DBP)
| Assets | $270.00M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.29% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 22,919 |
| Open | 106.94 |
| Previous Close | 111.39 |
| Day's Range | 106.94 - 109.70 |
| 52-Week Low | 66.17 |
| 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 | 41.82% |
| Gold Future Dec 26 | n/a | 39.63% |
| Futures Cash Collateral | n/a | 17.35% |
| Silver Future Dec 26 | n/a | 9.53% |
| Invesco Short Term Treasury ETF | TBLL | 4.30% |
| Platinum Future Oct 26 | n/a | 3.01% |
| Cash | n/a | -15.65% |
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 57.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.15%.
News
Gold (XAUUSD) & Silver Price Forecast: Gold Reclaims $4,675 Pre-NFP; Is $5,000 Next?
Gold reclaims its 50-day MA at $4,676 as thin Good Friday trading follows a steady 65K NFP report. Explore the key technical levels for XAUUSD and XAGUSD here.
Gold and Silver Technical Analysis: Prices Under Pressure Ahead of NFP as Dollar Strengthens
Gold and silver face short-term pressure as a stronger US dollar and rising geopolitical risks weigh on prices, while markets remain cautious ahead of key NFP data that could drive the next move in pr...
Wall Street flees to the fence after mixed signals on Iran, Main Street grows marginally more positive after gold's solid gains
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: Buyers Eye Recovery Above Key Moving Averages
Gold finds support at the 10-day and 100-day moving averages, facing resistance near the 20-day, suggesting a potential rebound toward the 50-day moving average zone.
Central banks remain net gold buyers in February despite rising geopolitical uncertainty
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 Falls as Dollar Rises. Why Mining Stocks Could Outperform.
Gold prices have dropped sharply amid dollar strength tied to the Iran conflict, but mining stocks such as Newmont and Barrick Mining may offer leveraged upside if the metal rebounds.
Gold, silver solidly down amid USDX gains, uptick in 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...
‘We remain bullish on gold over the medium to long term' on diversification, safe-haven flows – HSBC's Sels and Lu
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 Drops Back to Familiar Level on Thursday
The gold market found a lot of selling pressure on Thursday, as traders are reacting to the idea of the war in Iran stretching for a few more weeks. Rates jumping were also a problem for metals.
Gold prices down but largely ignores drop in U.S. weekly jobless claims
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 see steep price losses as USDX rallies, bond yields rise
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 2 - 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 is again falling sharply, with the stock market. Why it's not behaving the way it used to during a crisis.
Goldman Sachs retain their $5400 year-end target for gold, insisting gold's inflation-fighting and safe-haven characteristics will reasserth themselves.
Gold (XAUUSD) & Silver Price Forecast: Bears Take Control as Gold Trends Below 50-Day MA – Major Crash or Buy Dip?
Gold breaks trendline support at $4,610 while Silver slips below $7,150. Explore key technical levels, RSI momentum, and trade ideas for XAUUSD and XAGUSD here.
Gold (XAU/USD) Price Forecast: Bullish Recovery Eyes $5,000 Confluence Zone
Gold strengthens above key moving averages, signaling bullish momentum, with price action targeting a critical resistance zone between $4,874 and $5,000 if support levels hold.
Gold faces deeper correction toward $3,800 as technical risks build - Avi Gilburt
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 as USDX sells off
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 prices remain near 10-day highs as ISM PMI rises in March
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 ignore 0.6% rise in U.S. retail sales
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 holding its ground as ADP shows 62k jobs created in March
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 market analysis for April 1 - 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, silver extend price rallies amid weaker USDX, dip in 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 (XAUUSD) and Silver Analysis: Recovery as Growth Slows and Inflation Persists
Gold and silver rebound from key support as falling yields and a weaker dollar support prices, but persistent inflation and high interest rates continue to limit upside.
Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
Gold tests 100-day resistance while reclaiming the 10-day moving average, with ABCD pattern projections and Fibonacci targets pointing toward higher price levels if momentum persists.
Bloomberg's McGlone says gold and silver may have hit their generational peaks
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 has its worst month since 2008 recession — why the Iran war is hitting metals
Gold is on track for its worst monthly decline since 2008 as a historic energy supply shock amid the war in Iran spooks investors who were hoping for interest-rate cuts.
Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises to 91.8 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 push back above $4,600 as JOLTS shows drop in US job openings
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...
More price gains in gold, silver amid safe-haven bidding
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 March 31 - 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 on track for worst month since 2008 as Iran war enters its fifth week
Gold edged higher on Tuesday morning, but the metal remained on course to notch its biggest monthly decline in almost 17 years. Spot prices are now on track for a monthly decline of 14.6%, which would...
TSLA to $10T? Tyler Herriage's Mega Bull Cases in TSLA, NVDA & Gold
Tyler Herriage looks at historical S&P 500 pullbacks to support his thesis that this is a buying opportunity. Labor is weaker than he would like, and he expects high oil prices to send shockwaves thro...
‘Gold is behaving like a risk asset in 2026' but de-dollarization trend will drive further gains – HSBC
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's volatility could keep retail investors on the sidelines, raising the risk of further downside - DeCarley's Garner
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 see gains on modest safe-haven bidding
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...
Rate cuts in H2 will drive gold to $5,000 and silver to $90 - 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...