Invesco DB Oil Fund (DBO)
The Invesco DB Oil Fund (DBO) endeavors to replicate the performance, whether positive or negative, of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). Its total return also incorporates net interest income generated from the Fund's primary investments in US Treasury securities and money market instruments, after accounting for its expenses. This Fund provides investors with an efficient and convenient vehicle to gain exposure to commodity futures. The underlying Index is a rules-based benchmark constructed from futures contracts tied to light sweet crude oil (West Texas Intermediate or WTI). It's important to note that direct investment in the Index itself is not possible. Both the Fund and its benchmark undergo annual adjustments and rebalancing every November. Prospective investors should be aware that this Fund is not appropriate for everyone. Its investment strategy is speculative, operating within highly volatile markets. The inherent volatility of futures contracts means that rapid fluctuations in the market prices of the underlying contracts could lead to substantial financial losses. For a complete understanding of these and other potential risks, please consult the "Risk and Other Information" section and the Fund's official Prospectus. Further tax-related compliance information, including qualified notices concerning IRS Section 1446(f) for Publicly Traded Partnerships (PTPs) and the Form 1065 Schedule K-3 FAQ for Invesco DB Funds, is available on our dedicated ETF tax center.
Sector: Commodity Contracts Brokers & Dealers
Industry: Asset Management
Invesco DB Oil Fund
| Date | Open | High | Low | Close | Volume |
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based on 12.05M shares outstanding
The Invesco DB Oil (Fund) seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (DBIQ Opt Yield Crude Oil Index ER or Index) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's 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 light sweet crude oil (WTI). You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund's trading which takes place in very volatile markets. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying futures contracts could cause large losses. Please see "Risk and Other Information" and the Prospectus for additional risk disclosures.For this fund's qualified notices for IRS Section 1446(f) Rule regarding Publicly Traded Partnerships (PTPs), please visit our ETF tax centerForm 1065 Schedule K-3 FAQ for Invesco DB Funds (Securities Act of 1933)
Leadership
Employees
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Country
US
Sector
Financial Services
Website
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| Name | Shares | % | Source |
|---|---|---|---|
WELLS FARGO & COMPANY/MN | 1.6M | 13.5% | 13F |
E Fund Management Co., Ltd. | 979.7K | 8.1% | 13F |
PRUDENTIAL PLC | 248.6K | 2.1% | 13F |
Quadrature Capital Ltd | 241.0K | 2.0% | 13F |
ENVESTNET ASSET MANAGEMENT INC | 192.9K | 1.6% | 13F |
Narus Financial Partners, LLC | 135.6K | 1.1% | 13F |
LPL Financial LLC | 109.5K | 0.9% | 13F |
B. Riley Wealth Advisors, Inc. | 106.6K | 0.9% | 13F |
Asset Management One Co., Ltd. | 64.5K | 0.5% | 13F |
BNP PARIBAS FINANCIAL MARKETS | 61.5K | 0.5% | 13F |
based on 12.05M shares outstanding
30d Avg
510.92K
60d Avg
494.46K
90d Avg
458.43K