Invesco DB Precious Metals Fund (DBP)
| Assets | $203.90M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.55M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.69% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 2,161 |
| Open | 92.96 |
| Previous Close | 94.40 |
| Day's Range | 92.79 - 92.96 |
| 52-Week Low | 74.93 |
| 52-Week High | 140.76 |
| Beta | 0.24 |
| 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 |
|---|---|---|
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 40.95% |
| Gold Future Dec 26 | n/a | 37.98% |
| Silver Future Dec 26 | n/a | 8.47% |
| Invesco Short Term Treasury ETF | TBLL | 5.16% |
| Futures Cash Collateral | n/a | 4.68% |
| Platinum Future Oct 26 | n/a | 2.76% |
| Cash | n/a | 0.01% |
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 27.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.09%.
News
Wall Street trisected on gold's near-term prospects, Main Street bulls in minority as market looks to July payrolls for direction
The latest Kitco News Weekly Gold Survey showed Wall Street evenly divided between bulls, bears, and the fence, while Main Street sentiment slid out of bullish territory after another failed breakout.
Gold Weekly Price Analysis – Gold Stalls in $4,000–$4,200 Range Amid Rate Pressure
The gold market has been choppy all week, as short-term traders continue to play within a $200 range overall. At this point, markets are waiting for clarity in the Middle East, and by extension, the i...
Spot gold near session lows below $4,030/oz after final Consumer Sentiment rises to 55.2, one-year inflation expectations ease
The gold market is trading near session lows after the latest data showed consumer sentiment in the U.S. improving, with shorter-term inflation expectations easing.The University of Michigan announced...
Gold (XAU/USD) & Silver Price Forecast: World Gold Council Reports Strong Central Bank Buying
The World Gold Council reported stronger central bank buying in Q2, while a persistent silver supply deficit continues supporting the long-term outlook for precious metals.
Fed's ‘hawkish hold' stabilizes gold and silver, but likely leaves markets in limbo until September – Experts
The Federal Reserve's ‘hawkish hold' was good news for gold and silver prices on balance, though it also served to push out the uncertainty surrounding inflation, interest rates and the broader market...
Spot gold trades at $4,074/oz as U.S. GDP rises 1.5% in Q2, core PCE rises 0.1% in June
The U.S. economy ended the first half of 2026 on weaker footing, as economic activity was significantly lower than expected, while inflation remained stubbornly elevatedThe U.S. Bureau of Economic Ana...
Retail investors buy the dip as Royal Mint reports solid demand for digital gold and silver
After a months-long correction that pushed precious metals into bear-market territory, investment demand for bullion is starting to recover, with particularly strong growth in digital silver, accordin...
Investors are still cashing in unwanted gold jewelry, but panic selling has faded - House of Kahn Estate Jewelers
Gold is stuck in neutral, holding support at $4,000 an ounce, and the market could remain under pressure as consumers continue to take advantage of elevated prices by selling their unwanted jewelry.
Gold Price Analysis – Gold Holds Above $4,000 Floor Ahead of Fed Decision
The gold market continues to sit just above a major round figure, as we are heading into the Wednesday session, which will feature the Federal Reserve interest rate decision.
Gold (XAU/USD) & Silver Price Forecast: Fed Decision Day Keeps XAU/USD and XAG/USD in Focus
Gold and silver remain in focus on Fed Decision Day as investors await policymakers' guidance on inflation, interest rates and the outlook for XAU/USD and XAG/USD.
Gold (XAU/USD) Price Forecast: Double Bottom or Triangle Signals Next Move
Gold tests critical support as a potential bullish reversal competes with bearish consolidation patterns, leaving the next breakout increasingly important for direction.
Fed will hold until at least September, gold likely stuck in neutral for 3-6 months – SIA's Cieszynski
With the Iran war generating enormous volatility in energy markets and inflation expectations, the Fed will do its best not to make waves until September at the earliest, which means gold prices will ...
Commerzbank downgrades gold and silver prices as Middle East conflict takes its toll
The gold market is struggling to hold support above $4,000 and could face further selling pressure, as one bank says a recovery remains unlikely as long as the war in Iran persists.
The gold market is looking for Fed consensus, but ‘the FOMC is as uncertain as the war' – Phoenix's Grady
Precious metals and the broader markets are risk-off as they await the Federal Reserve's interest rate decision on Wednesday, but the uncertainty surrounding the Iran war could mean the Fed fails to d...
Spot gold trades at $4,029/oz after Consumer Confidence drops to 90.8 in July
Gold prices are trading up from session lows after the latest data showed a worsening picture for U.S. consumer sentiment this month.The Consumer Confidence Index rose to 90.8 in July, below economist...
China's gold stockpile could surpass U.S. holdings in the next five years - BMO Capital Markets
Lackluster Western gold demand has kept a lid on prices over the last few months; however, one bank has pointed out that Asian demand, led by China, remains a key pillar of support for the global mark...
Gold (XAUUSD) & Silver Price Forecast: Fed, ETF Flows and Central Bank Demand Drive Precious Metals
Gold and silver head into a pivotal Fed week as ETF inflows and central bank buying support long-term demand. Explore the latest XAUUSD and XAGUSD outlook.
Gold and Silver Price Forecast: Fed Decision Could Trigger Next Breakout
Gold and silver prices remain in consolidation as investors assess geopolitical tensions, lower oil prices, and the upcoming Federal Reserve decision, which could trigger the next major move in precio...
Wall Street cautious after gold's lack of follow-through, Main Street bullish with Fed decision on deck
The latest Kitco News Weekly Gold Survey showed Wall Street bearish or undecided on gold's near-term prospects, while Main Street sentiment remained improved after the yellow metal defended $4,000 sup...
Gold (XAU/USD) Price Forecast: Can Gold Break Above $4,203 Resistance?
Gold is testing key support after its recent breakout, with a sustained move above $4,203 potentially confirming a bullish reversal toward the 200-day moving average.
China's June gold imports hit fresh two-year high of 173 tonnes as lower prices boost demand
China's gold imports set a fresh two-year high in June, with the plunge in international gold prices making the yellow metal even more attractive in the world's biggest market for bullion.
