CSIMarket
 
Invesco Db Precious Metals Fund  (DBP)
Other Ticker:  
 
    Sector  Financial    Industry Exchange Traded Funds Etf
 
Price: $52.3856 $0.02 0.048%
Day's High: $52.595 Week Perf: -0.24 %
Day's Low: $ 52.39 30 Day Perf: 8.98 %
Volume (M): 4 52 Wk High: $ 53.60
Volume (M$): $ 194 52 Wk Avg: $50.18
Open: $52.49 52 Wk Low: $46.11



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 1
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Invesco Db Precious Metals Fund

The Fund is a separate series of the Trust. The Trust is a Delaware statutory trust organized in seven separate series and was formed on August 3, 2006. The Predecessor Managing Owner seeded the Fund with a capital contribution of $1,000 in exchange for 40 General Shares of the Fund. The General Shares were sold to the Managing Owner by the Predecessor Managing Owner pursuant to the terms of the Agreement. The fiscal year end of the Fund is December 31st. The term of the Fund is perpetual (unless terminated earlier in certain circumstances) as provided for in the Fifth Amended and Restated Declaration of Trust and Trust Agreement of the Trust (the “Trust Agreement”). The Fund has an unlimited number of Shares authorized for issuance.


The Fund offers common units of beneficial interest (the “Shares”) only to certain eligible financial institutions (the “Authorized Participants”) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Fund. The Fund commenced investment operations on January 3, 2007. The Fund commenced trading on the American Stock Exchange (which became the NYSE Alternext US LLC (the “NYSE Alternext”)) on January 5, 2007 and, as of November 25, 2008, is listed on the NYSE Arca, Inc. (the “NYSE Arca”).


Each of Deutsche Bank Securities Inc., Merrill Lynch Professional Clearing Corp., Virtu Financial Capital Markets LLC, Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Credit Suisse Securities (USA) LLC, Virtu Financial BD LLC, Knight Capital Americas LLC, Timber Hill LLC, Morgan Stanley & Co. LLC, Jefferies & Company Inc., Nomura Securities International Inc., RBC Capital Markets, LLC, UBS Securities LLC, Cantor Fitzgerald & Co., BNP Paribas Securities Corp., Goldman, Sachs & Co., Goldman Sachs Execution & Clearing, L.P. and Citadel Securities LLC has executed a Participant Agreement.

The Commodity Futures Trading Commission (the “CFTC”) and/or commodity exchanges, as applicable, impose position limits on market participants trading in certain commodities included in the Index. The Index is comprised of futures contracts on each of the Index Commodities that expire in a specific month and trade on a specific exchange (the “Index Contracts”). If the Managing Owner determines in its commercially reasonable judgment that it has become impracticable or inefficient for any reason for the Fund to gain full or partial exposure to any Index Commodity by investing in a specific Index Contract, the Fund may invest in (i) a futures contract referencing the particular Index Commodity other than the Index Contract or, in the alternative, invest in (ii) other futures contracts not based on the particular Index Commodity ((i) and (ii) collectively, the “Alternative Futures Contracts”) if, in the commercially reasonable judgment of the Managing Owner, such Alternative Futures Contracts tend to exhibit trading prices that correlate with such Index Commodity. Further, in the event the Fund invests in Alternative Futures Contracts as described above, that trade on a U.S. exchange, the CFTC and commodity exchanges may impose position limits on market participants trading in the Index Commodities. Please see http://www.invescopowershares.com with respect to the most recently available weighted composition of the Fund and the composition of the Index on the Base Date.

Rather than select a new futures contract based on a predetermined schedule (e.g., monthly), each Index Commodity rolls to the futures contract which generates the best possible “implied roll yield.” The futures contract with a delivery month within the next thirteen months which generates the best possible implied roll yield will be included in the Index. As a result, the Fund is able to potentially maximize the roll benefits in backwardated markets and minimize the losses from rolling in contangoed markets for each Index Commodity, respectively.


In general, as a futures contract approaches its expiration date, its price will move towards the spot price in a contangoed market. Assuming the spot price does not change, this would result in the futures contract price decreasing and a negative implied roll yield. The opposite is true in a backwardated market. Rolling in a contangoed market will tend to cause a drag on an Index Commodity’s contribution to the Fund’s return while rolling in a backwardated market will tend to cause a push on an Index Commodity’s contribution to the Fund’s return.


If the Managing Owner determines in its commercially reasonable judgment that it has become impracticable or inefficient for any reason for the Fund to gain full or partial exposure to the Index Commodity by investing in the Index Contract, the Fund may invest in Alternative Futures Contracts if, in the commercially reasonable judgment of the Managing Owner, such Alternative Futures Contracts tend to exhibit trading prices that correlate with an Index Contract. Please see http://www.invescopowershares.com with respect to the most recently available weighted composition of the Fund and the composition of the Index on the Base Date.

The DBIQ Optimum Yield Precious Metals Index is calculated in USD on both an excess return (unfunded) and total return (funded) basis.
The futures contract price for each Index Commodity will be the exchange closing price for such Index Commodity on each weekday when banks in New York, New York are open (the “Index Business Days”). If a weekday is not an Exchange Business Day (as defined in the following sentence) but is an Index Business Day, the exchange closing price from the previous Index Business Day will be used for each Index Commodity. “Exchange Business Day” means, in respect of an Index Commodity, a day that is a trading day for such Index Commodity on the relevant exchange (unless either an Index disruption event or force majeure event has occurred).


On the first New York business day (the “Verification Date”) of each month, each Index Commodity futures contract will be tested in order to determine whether to continue including it in the Index. If the Index Commodity futures contract requires delivery of the underlying commodity in the next month, known as the Delivery Month, a new Index Commodity futures contract will be selected for inclusion in the Index. For example, if the first New York business day is May 1, 2016, and the Delivery Month of the Index Commodity futures contract currently in such Index is June 2016, a new Index Commodity futures contract with a later Delivery Month will be selected.

The Managing Owner was formed on February 7, 2003. The Managing Owner is an affiliate of Invesco Ltd. The Managing Owner was formed to be the managing owner of investment vehicles such as exchange-traded funds and has been managing non-commodity futures based exchange-traded funds since 2003 and a commodity futures based exchange-traded fund since 2014. The Managing Owner serves as the commodity pool operator, commodity trading advisor and swap firm of the Trust and the Fund. The Managing Owner is registered as a commodity pool operator and commodity trading advisor with the CFTC and is a member of the National Futures Association (the “NFA”). As a registered commodity pool operator and commodity trading advisor, with respect to the Fund, the Managing Owner must comply with various regulatory requirements under the Commodity Exchange Act (the “CEAct”) and the rules and regulations of the CFTC and the NFA, including investor protection requirements, antifraud prohibitions, disclosure requirements, and reporting and recordkeeping requirements. The Managing Owner also is subject to periodic inspections and audits by the CFTC and NFA.


The Managing Owner has served as the managing owner of the Trust and the Fund since the Closing Date on February 23, 2015. The Predecessor Managing Owner served as the managing owner of the Trust and the Fund prior to the Closing Date.


The Managing Owner’s main business offices are located at 3500 Lacey Road, Suite 700, Downers Grove, IL 60515, and its telephone number is (800) 983-0903.
The Fund pays the Managing Owner a management fee, monthly in arrears, in an amount equal to 0.75% per annum of the daily net asset value of the Fund (the “Management Fee”). The Management Fee is paid in consideration of the Managing Owner’s commodity futures trading advisory services. For the avoidance of doubt, from inception up to and excluding the Closing Date, all Management Fees were payable to the Predecessor Managing Owner. Since the Closing Date, the Managing Owner has served as managing owner of the Fund and all Management Fee accruals since the Closing Date have been paid to the Managing Owner.
Pursuant to the Trust Agreement, the Fund will indemnify the Managing Owner against any losses, judgments, liabilities, expenses and amounts paid in settlement of any claims sustained by it in connection with its activities on behalf of the Fund incurred without gross negligence or willful misconduct.



   Company Address: c/o Invesco Capital Management LLC Downers Grove 60515 IL
   Company Phone Number: 983-0903   Stock Exchange / Ticker: NYSEArca DBP
   


Customers Net Income fell by DBP's Customers Net Profit Margin fell to

-36.34 %

15.34 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DBA        3.74% 
DBC        1.79% 
DBE        2.83% 
IAU   -1.09%    
SLV        3.04% 
USO        3.68% 
• View Complete Report
   



United States 12 Month Natural Gas Fund Lp

United States 12 Month Natural Gas Fund Lp Sees Improvement in Fourth Quarter Performance

In the most recent fiscal period, United States 12 Month Natural Gas Fund Lp continued to face challenges as they reported a net loss of $4.588 million, compared to a deficit of $7.436 million in the same period a year ago. This marks an improvement, however, the company still has a long way to go in terms of achieving profitability.
The company's earnings per share also took a hit, standing at $-8.66 compared to $5.59 in the previous fiscal year. This represents a significant decline of -432.08% from $3.95 million a year before. These numbers reflect a struggling performance by United States 12 Month Natural Gas Fund Lp in the face of market challenges.

Goldman Sachs Physical Gold Etf

Goldman Sachs Physical Gold ETF Continues to Shine with Strong Revenue Growth in Q4 2023

Goldman Sachs Physical Gold Etf, a popular investment option for those looking to invest in physical gold, has recently been experiencing some significant gains. Over the last five trading days, the shares of the ETF have recorded a solid gain of 5.04%. This upward trend is particularly notable when compared to the 3.03% drop in AAAU shares (Goldman Sachs Physical Gold Etf) in March 2024.
One of the factors contributing to these positive results is the ETF's financial performance. In the financial fourth quarter of 2023, Goldman Sachs Physical Gold Etf disclosed a revenue of $0.218841 million. This represents an increase of 71.27% from the net earnings of $32.773 million reported in the same quarter of the previous year.

Abrdn Gold Etf Trust

SGOL Reports Operating Loss of $-2.233 Million in Fourth Quarter of 2023

As the October to December 31, 2023 reporting cycle resumes, I have been closely following the financial results of various companies in the Exchange Traded Funds (ETF) sector. Today, I am focusing on SGOL, an emerging growth company, which has reported an operating loss of $-2.233 million for the financial fourth quarter of 2023. Although the company has not disclosed its revenue for this period, it is important to understand its performance in context.
To put the current results into perspective, let's compare them with the corporate accomplishments of the fourth quarter of 2022. During that period, SGOL reported an operating loss of $-0.985 million. Despite this loss, it was still considered a constructive financial reporting period for the company. However, it should be noted that Abrdn Gold ETF Trust has not reported any revenues for the same period.

Abrdn Palladium Etf Trust

Abrdn Palladium ETF Trust Surprises the Stock Market with Positive Growth in Q4 2023



In the competitive sector of Exchange Traded Funds (ETFs), overlooked businesses are starting to emerge, bringing forth their respective financial results. Among them is Abrdn Palladium ETF Trust (PALL), which has recently announced a significant improvement in its operating deficit for the fourth quarter of 2023 compared to the previous year. However, revenue challenges still persist, highlighting the importance of running businesses efficiently to achieve sustainable growth.
Financial Results Overview:
During the fourth quarter of 2023, Abrdn Palladium ETF Trust reported an operating deficit of $-0.307 million, signifying a notable growth from the deficit of $-2.227 million in the same period of 2022. This positive momentum indicates the trust's efforts to streamline its operations and manage its resources more effectively.

Proshares Trust Ii

Proshares Trust II Maintains Steady Revenue in Fourth Quarter of 2023



Proshares Trust II, a prominent financial institution, recently released its financial results for the fiscal year closing on December 31, 2023. This article aims to outline the key facts presented in the report and provide an interpretation of these results. Additionally, the article will contextualize the findings by discussing the recent performance of Proshares Trust II shares.
Financial Results:
1. Gain per share: Proshares Trust II reported zero gain of $0.00 per share for the fiscal year ending December 31, 2023. This figure remained unchanged compared to the previous year and the preceding reporting season.






 

Invesco Db Precious Metals Fund's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com