Free Trial
NYSEARCA:DBP

Invesco DB Precious Metals Fund (DBP) Price, Holdings, & News

$59.87
-0.68 (-1.12%)
(As of 09/6/2024 ET)
Today's Range
$59.55
$60.50
50-Day Range
$57.23
$61.32
52-Week Range
$46.10
$61.40
Volume
4,426 shs
Average Volume
11,909 shs
Market Capitalization
$152.68 million
Assets Under Management
$172.55 million
Dividend Yield
0.37%
Net Expense Ratio
0.77%

About Invesco DB Precious Metals Fund

The 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 managed by Invesco.

DBP Stock Price History

DBP ETF News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Why Gold's Record Run Could Continue
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
Receive DBP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Invesco DB Precious Metals Fund and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Invesco
Fund Name
Invesco DB Precious Metals Fund
Tax Classification
Partnership
Current Symbol
NYSEARCA:DBP
Inception Date
1/5/2007
Fund Manager
Peter Hubbard
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
DBIQ Optimum Yield Precious Metals Index Excess Return
Category
Precious Metals
Focus
Broad Precious Metals
Development Level
Blended Development
Region
Global
Number of Holdings
10

Fund Statistics

Assets Under Management
$172.55 million
Average Daily Volume
$15,804.70
Discount/Premium
0.01%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Invesco Capital Management LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Invesco Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
Wilmington Trust Company
Lead Market Maker
Susquehanna

Options

Optionable
N/A
Short Interest
6,300 shs

Miscellaneous

Beta
0.22
Creation Unit
100,000
Creation Fee
$500.00
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Invesco DB Precious Metals Fund Expenses

TypeDBPBroad Precious Metals ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.68%0.70%0.51%0.52%
Other Expenses0.02%0.02%0.36%0.58%0.54%
Total Expense0.77%0.69%0.87%0.74%0.71%
Fee Waiver0.00%0.00%-0.73%-0.68%-0.58%
Net Expense0.77%0.61%0.67%0.58%0.59%

Invesco DB Precious Metals Fund (DBP) Holdings & Exposure

Top 6 DBP Holdings

DBP Sector Exposure

DBP Industry Exposure

Key Executives

  • Andrew R. Schlossberg (Age 43)
    Chief Executive Officer, Director of Board of Managers of Managing Owner
  • Steven M. Hill CPA (Age 51)
    Principal Financial and Accounting Officer, Investment Pools of Managing Owner
  • David C. Warren (Age 56)
    Chief Administrative Officer, Director of Board of Managers of Managing Owner
  • Deanna B. Marotz (Age 50)
    Chief Compliance Officer of Managing Owner
  • Peter Hubbard (Age 34)
    Vice President, Director - Portfolio Management of Managing Owner
  • Roderick Ellis (Age 47)
    Principal of Managing Owner
  • Daniel Draper (Age 45)
    Director of Board of Managers of Managing Owner
  • John M. Zerr (Age 54)
    Director of Board of Managers of Managing Owner

DBP ETF - Frequently Asked Questions

How have DBP shares performed this year?

Invesco DB Precious Metals Fund's stock was trading at $49.95 at the beginning of the year. Since then, DBP shares have increased by 19.9% and is now trading at $59.8741.
View the best growth stocks for 2024 here
.

Who are Invesco DB Precious Metals Fund's major shareholders?

Top institutional shareholders of Invesco DB Precious Metals Fund include The Manufacturers Life Insurance Company (12.12%), Great Valley Advisor Group Inc. (10.22%), Envestnet Asset Management Inc. (1.37%) and Bank of Montreal Can (0.75%).

How do I buy shares of Invesco DB Precious Metals Fund?

Shares of DBP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Invesco DB Precious Metals Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Invesco DB Precious Metals Fund investors own include Abiomed (ABMD), abrdn Global Premier Properties Fund (AWP), Accelerate Diagnostics (AXDX), Alteryx (AYX), Crown Castle (CCI) and Churchill Downs (CHDN).

This page (NYSEARCA:DBP) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners