Invesco DB Base Metals FundInvesco DB Base Metals FundInvesco DB Base Metals Fund

Invesco DB Base Metals Fund

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Key stats


Assets under management (AUM)
‪127.44 M‬USD
Fund flows (1Y)
‪−34.41 M‬USD
Dividend yield (indicated)
6.41%
Discount/Premium to NAV
0.4%

About Invesco DB Base Metals Fund


Issuer
Invesco Ltd.
Brand
Invesco DB
Expense ratio
0.77%
Home page
Inception date
Jan 5, 2007
Index tracked
DBIQ Optimum Yield Industrial Metals Index TR (Collection)
Management style
Passive
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


Asset Class
Commodities
Category
Industrial metals
Focus
Broad market
Niche
Optimized
Strategy
Optimized commodity
Weighting scheme
Fixed
Selection criteria
Fixed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 4, 2024
Exposure type
Bonds, Cash & Other
Government
Mutual fund
Cash
Bonds, Cash & Other100.00%
Government112.63%
Mutual fund51.38%
Cash22.27%
Miscellaneous−86.29%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows