Fund Description
The Invesco DB Base Metals Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Industrial Metals Index Excess Return, (DBIQ Opt Yield Industrial Metals Index ER) plus the interest income from the Funds holdings of primarily US Treasury securities and money market income less the Funds expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely used base metals aluminum, zinc and copper (grade A). You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.
Fund Profile
Fund Name Invesco DB Base Metals Fund
Fund Exchange Ticker DBB
Fund Sponsor Invesco
Fund ISIN US46140H7008
Net Expense Ratio 0.77 %
Fund Inception Date 5 January 2007
Fund Legal Structure Delaware Statutory Trust
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Gold / Metals
Asset Class Commodities & Metals
Index Linked Passive
Index Name Deutsche Bank Liquid Commodity Index Optimum Yield Industrial Metals Excess Return
Index Provider Deutsche Bank
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Gold / Metals
Key Statistics
Return As of Date 11 August 2022
Asset Under Management 379.64 Million (USD)
1 Month Total Return 14.14 %
Year To Date Return -7.91 %
1 Year Total Return -0.10 %
3 Year Annualized Total Return 12.36 %
NAV 20.6325
Share Outstanding 18,400,000
Top 10 Holdings (11 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
LME Zinc Future FUTR 0.2165479751
Invesco Government & Agency Portfolio BOND 0.1982181207
LME Primary Aluminum Future FUTR 0.1574186456
LME Copper Future FUTR 0.1367937411
LME Zinc Future FUTR 0.1226798818
United States Treasury Bill B 0 11/25/22 BILL 0.0405715183
United States Treasury Bill B 0 10/27/22 BILL 0.0284657962
United States Treasury Bill B 0 08/18/22 BILL 0.0204281490
United States Treasury Bill WIB 0 11/17/22 BILL 0.0202922728