Here are the 10-K annual reports from Invesco DB Agriculture Fund (DBA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow DBA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DBA filings page.
Invesco DB Agriculture Fund is a Delaware series trust that uses exchange-traded futures to track the DBIQ Diversified Agriculture Index Excess Return. The index currently covers 13 agriculture and livestock commodities, including corn, soybeans, wheat, sugar, cocoa, coffee, cotton, live cattle, feeder cattle and lean hogs.
The Fund earns interest and dividends from U.S. Treasury obligations, money market funds and T‑Bill ETFs posted as collateral, but performance is driven mainly by futures returns and roll yield. It charges a 0.85% annual management fee and total expenses of about 0.92% per year. The Fund is not actively managed; it systematically rolls contracts using a rule-based methodology designed to respond to contango and backwardation. Extensive risk factors highlight high volatility, possible large drawdowns, position limits, liquidity constraints, geopolitical shocks, regulatory changes and tax complexity. As of its most recently completed second fiscal quarter, non‑affiliate equity market value was $787,416,000, and 28,150,000 units were outstanding as of January 31, 2026.