Key stats
About Invesco DB Oil Fund
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Inception date
Jan 5, 2007
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
DBO is an ETC that gets access to WTI oil using a next generation futures strategy. DBO gets exposure to the price of oil using future contracts, and futures-based exposure is subject to negative roll yield or decay when the futures curve is upsloping. DBO optimizes exposure to the curve to combat contango by rolling into whichever contract month (within the next 13) looks most attractive by its rules, rather than rolling front-month contracts. Like many of its competitors, DBO is structured as a commodity pool, so it reports capital gains on a K-1 at a 60/40 blended rate. The fund and the index are rebalanced and reconstituted annually in November.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
ETF
Bonds, Cash & Other100.00%
Mutual fund71.80%
ETF28.25%
Cash−0.05%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DBO last dividends amounted to 0.67 USD. The year before, the issuer paid 0.64 USD in dividends, which shows a 4.67% increase.
DBO assets under management is 236.27 M USD. It's risen 31.56% over the last month.
DBO fund flows account for 2.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DBO pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Dec 27, 2024) amounted to 0.67 USD. The dividends are paid annually.
DBO shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jan 5, 2007, and its management style is Passive.
DBO expense ratio is 0.77% meaning you'd have to pay 0.77% of your investment to help manage the fund.
DBO follows the DBIQ Optimum Yield Crude Oil Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DBO invests in funds.
DBO price has risen by 11.00% over the last month, and its yearly performance shows a −12.01% decrease. See more dynamics on DBO price chart.
NAV returns, another gauge of an ETF dynamics, showed a 6.53% increase in three-month performance and has decreased by −1.59% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 6.53% increase in three-month performance and has decreased by −1.59% in a year.
DBO trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.