Key stats
About Invesco DB Base Metals Fund
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Inception date
Jan 5, 2007
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
DBB reflects the performance of industrial-metals commodity futures. As a commodity pool, it holds a basket of futures directly, but also distributes a complicated K-1 tax form at year-end. DBB holds just three equally weighted metals aluminum, copper and zinc. That sets it apart from its production-weighted benchmark, which also includes nickel and lead, and DBB's equal weighting strategy gives zinc a sizeable bump at the expense of copper. DBB optimizes its contract selection to minimize the effects of contango, though that could also make it less sensitive to spot prices compared to a front-month strategy. The fund and the index are rebalanced and reconstituted annually in November.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Cash
Bonds, Cash & Other100.00%
Mutual fund77.97%
Cash22.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DBB last dividends amounted to 0.90 USD. The year before, the issuer paid 1.32 USD in dividends, which shows a 47.26% decrease.
DBB assets under management is 108.89 M USD. It's risen 2.32% over the last month.
DBB fund flows account for −51.93 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DBB pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Dec 27, 2024) amounted to 0.90 USD. The dividends are paid annually.
DBB shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jan 5, 2007, and its management style is Passive.
DBB expense ratio is 0.77% meaning you'd have to pay 0.77% of your investment to help manage the fund.
DBB follows the DBIQ Optimum Yield Industrial Metals Index TR (Collection). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DBB invests in funds.
DBB price has risen by 0.43% over the last month, and its yearly performance shows a −4.59% decrease. See more dynamics on DBB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.56% decrease in three-month performance and has decreased by −0.59% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −5.56% decrease in three-month performance and has decreased by −0.59% in a year.
DBB trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.