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 0.80 %
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 15 March 2019
Asset Under Management 173.47 Million (USD)
1 Month Total Return 4.39 %
Year To Date Return 8.19 %
1 Year Total Return -8.79 %
3 Year Annualized Total Return 10.72 %
NAV 16.68
Share Outstanding 10,400,000
Top 10 Holdings (15 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
LME Zinc Future ZS FUTR 0.1817857622
LME Copper Future FUTR 0.1687679769
LME Primary Aluminum Future FUTR 0.1533750966
United States Treasury Bill BILL 0.1509852516
United States Treasury Bill BILL 0.1449044254
United States Treasury Bill BILL 0.0958605105
United States Treasury Bill BILL 0.0403835982
Premier US Government Money Portfolio IUGXX MMKT 0.0146597279
Other OTHR 0.0026443901