Invesco DB Precious Metals Fund (DBP)
| Assets | $245.09M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.60M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.43% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 3,747 |
| Open | 106.78 |
| Previous Close | 106.51 |
| Day's Range | 102.83 - 107.11 |
| 52-Week Low | 78.15 |
| 52-Week High | 140.76 |
| Beta | 0.25 |
| 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 |
|---|---|---|
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 43.07% |
| Gold Future Dec 26 | n/a | 39.11% |
| Silver Future Dec 26 | n/a | 9.07% |
| Invesco Short Term Treasury ETF | TBLL | 4.76% |
| Platinum Future Oct 26 | n/a | 2.81% |
| Futures Cash Collateral | n/a | 1.19% |
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 35.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.62%.
News
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...
Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it
The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style
U.S. government spending concerns have given a second wind to the debasement trade. Gold and bitcoin have surged in recent days, while the U.S. dollar has pulled back against peers.
Gold Gains; Potential to Rise to $5,000 Intact
Gold has the potential to move toward $5,000 a troy ounce as continued central bank demand, fiscal risks and geopolitical uncertainty support a largely optimistic medium-term outlook, XS.com said.
BofA survey says gold is undervalued as bullish speculative interest picks up
For the third consecutive week, speculative investors increased their bullish bets on gold, in part due to growing uncertainty surrounding the sustainability of U.S. government debt, reigniting the de...
The debasement trade is back, but gold still faces risks - Analysts
After a months-long correction that saw gold prices drop 30% from their all-time highs, the market is once again attracting significant momentum. Gold prices are starting the week with a push toward $...
Gold Price Hits 15-Week High As Late-Summer Rally Extends
The price of silver hardly budged on Monday, though the metal is still hovering around its highest price in about two months. Silver futures were down about 0.3% as of Monday morning, while spot silve...
Gold Bull Case Intact? Max Baecker Sees Bull Run in "First or Second Inning"
Max Baecker says the crisis behind gold's sluggish price action is not because of gold itself but instead the U.S. debt situation. He offers his key reasons backing the bull case, from central bank bu...
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.
Wall Street bereft of bears after gold smashes $4,600/oz, Main Street bolsters bullish majority with Warsh, PCE in focus
Gold prices surged to their third straight weekly gain, as concerns over U.S. debt sustainability, a weaker dollar, and the Treasury Department's surprise move to expand long-dated bond buybacks helpe...
Friday's Final Takeaways: Gold Jumps on Lower U.S. Dollar & Consumers Stay Selective
Bitcoin isn't the only asset seeing a week-long rally — gold surged on the U.S. dollar's recent weakness. In equities, retail's big round of quarterly earnings show that U.S. consumers are staying sel...
US Dollar and Metals Outlook: DXY Below 99 Keeps Gold, Silver and Platinum Bulls in Control
DXY remains bearish below 99 while platinum targets 1927-1930 after breaking 1900, with gold, silver, palladium and copper testing key breakout levels.
Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin
Billionaire investor Ray Dalio said the the debt buyback announcement this week fits into a larger pattern that could signal a looming debt crisis. Dalio recommended investors look to gold and bitcoin...
