Invesco DB Base Metals Fund owner appoints Anello

Her disclosed background spans operational readiness and fund treasury roles at Invesco entities.

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Form Type

8-K

Rhea-AI Filing Summary

Invesco DB Base Metals Fund (DBB) reported a leadership transition at Invesco Capital Management LLC, its Managing Owner. Kelli Gallegos, Principal Financial and Accounting Officer, began a leave of absence on October 19, 2026; the Managing Owner’s Board appointed Lori Anello to the role beginning October 22, 2026. Anello joined the Managing Owner in 2018, serves as Global Head of Operational Product Readiness at Invesco Ltd. and is a Certified Public Accountant. The Funds stated there are no arrangements or understandings between Anello and another person under which she was appointed, and no transactions or proposed transactions between her and the Funds that would be required to be reported.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Age: 45 years Leave began: October 19, 2026 Appointment begins: October 22, 2026

3 metrics

Age 45 years Lori Anello

Leave began October 19, 2026 Kelli Gallegos

Appointment begins October 22, 2026 Lori Anello’s role as Principal Financial and Accounting Officer

Key Terms

Principal Financial and Accounting Officer, Managing Owner, registered investment company

3 terms

Principal Financial and Accounting Officer technical

"serve as Principal Financial and Accounting Officer of the Managing Owner"

Managing Owner technical

"the managing owner of the Invesco DB Multi-Sector Commodity Trust"

registered investment company regulatory

"each a registered investment company offering series of exchange-traded funds"

A registered investment company is a pooled investment vehicle—such as a mutual fund or closed-end fund—that is officially registered with financial regulators and required to follow rules about disclosure, how it invests, and what fees it charges. Think of it as a shared basket of stocks or bonds managed for many investors; registration means regular reporting and oversight that help investors compare costs, understand risks, and know how easy it is to buy or sell their shares.

FAQ

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What is Lori Anello’s background for DBB’s finance role?

Lori Anello joined the Managing Owner in 2018 and has served as Global Head of Operational Product Readiness at Invesco Ltd. since June 2026. She has also held treasury and finance positions across Invesco funds, including Principal Financial and Accounting Officer–Investment Pools since October 2026, and is a Certified Public Accountant.

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Available on EDGAR 10/21/2026 - 04:40 PM EDT Accepted by SEC EDGAR 10/21/2026 - 04:08 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM

8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 19, 2026

INVESCO DB MULTI-SECTOR COMMODITY TRUST

(Registrant)

INVESCO DB ENERGY FUND; INVESCO DB OIL FUND; INVESCO DB PRECIOUS METALS FUND; INVESCO DB BASE METALS FUND; INVESCO DB AGRICULTURE FUND

(Co-Registrants)

(Exact name of registrant as specified in its charter)


Delaware	001-33229; 001-33240; 001-33242; 001-33244; 001-33236; and 001-33238	87-0778060 (Invesco DB Energy Fund) 87-0778062 (Invesco DB Oil Fund) 87-0778065 (Invesco DB Precious Metals Fund) 87-0778075 (Invesco DB Base Metals Fund) 87-0778078 (Invesco DB Agriculture Fund)
(State or other jurisdiction of incorporation)	(Commission File Numbers)	(I.R.S. Employer Identification Nos.)


c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, Illinois		60515
(Address of principal executive offices)		(Zip Code)

(800)

983-0903

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form

8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Units of Beneficial Interest	DBE	NYSE Arca, Inc.
Common Units of Beneficial Interest	DBO	NYSE Arca, Inc.
Common Units of Beneficial Interest	DBP	NYSE Arca, Inc.
Common Units of Beneficial Interest	DBB	NYSE Arca, Inc.
Common Units of Beneficial Interest	DBA	NYSE Arca, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or

Rule 12b-2

of the Securities Exchange Act of 1934

(§240.12b-2

of this chapter).

☐	Emerging growth company

☐	If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to section 13(a) of the Exchange Act.

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective October 19, 2026 (the “Effective Date”), Ms. Kelli Gallegos, Principal Financial and Accounting Officer of Invesco Capital Management LLC (the “Managing Owner”), the managing owner of the Invesco DB Multi-Sector Commodity Trust and each of its underlying series, Invesco DB Energy Fund, Invesco DB Oil Fund, Invesco DB Precious Metals Fund, Invesco DB Base Metals Fund and Invesco DB Agriculture Fund (collectively, the “Funds”), began a leave of absence.

On the Effective Date, the Board of Managers of the Managing Owner appointed Ms. Lori Anello, Global Head of Operational Product Readiness, to serve as Principal Financial and Accounting Officer of the Managing Owner, beginning October 22, 2026. Biographical information for Ms. Anello can be found below. There are no arrangements or understandings between Ms. Anello and any other person pursuant to which Ms. Anello was appointed to serve as the Principal Financial and Accounting Officer of the Managing Owner. There are no transactions or proposed transactions between Ms. Anello and the Funds that would be required to be reported under Item 404(a) of Regulation S-K.

Lori Anello (45) - joined the Managing Owner in 2018 and has been Principal Financial and Accounting Officer–Investment Pools for the Managing Owner since October 2026. Ms. Anello also serves as Global Head of Operational Product Readiness at Invesco Ltd. (since June 2026); Principal Financial and Accounting Officer–Investment Pools of Invesco Specialized Products, LLC (sponsor to a suite of currency exchange-traded funds, “ISP”) (since October 2026); Vice President and Treasurer of Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust, Invesco Exchange-Traded Self-Indexed Fund Trust, and Invesco QQQ Trust, Series 1 (each a registered investment company offering series of exchange-traded funds, the “Invesco ETFs”) (since October 2026); and Assistant Vice President and Assistant Treasurer for the Invesco Funds complex (since September 2023). In

these roles, she leads end-to-end operational readiness for fund administration across mutual funds, exchange-traded funds, alternatives, and institutional mandates. She previously held positions at Invesco Ltd. as Director of North America Fund Treasury (June 2024 to May 2026) and Director of the North America Office of the Fund CFO (“OFCFO”) (November 2018 to June 2024), and previously served as Assistant Treasurer and Assistant Vice President of the Invesco ETFs, excluding Invesco QQQ Trust, Series 1 (December 2018 to October 2026) and previously served as Assistant Treasurer and Assistant Vice President of Invesco QQQ Trust, Series 1 (December 2025 to October 2026). She is a Certified Public Accountant (CPA).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Invesco DB Multi-Sector Commodity Trust

	By:	Invesco Capital Management LLC, its Managing Owner

		By:	/s/ Adam Henkel
			Name:	Adam Henkel
			Date:	October 21, 2026
			Title:	Secretary

Invesco DB Energy Fund, a series of Invesco DB Multi-Sector Commodity Trust

	By:	Invesco Capital Management LLC, its Managing Owner

		By:	/s/ Adam Henkel
			Name:	Adam Henkel
			Date:	October 21, 2026
			Title:	Secretary

Invesco DB Oil Fund, a series of Invesco DB Multi-Sector Commodity Trust

	By:	Invesco Capital Management LLC, its Managing Owner

		By:	/s/ Adam Henkel
			Name:	Adam Henkel
			Date:	October 21, 2026
			Title:	Secretary

Invesco DB Precious Metals Fund, a series of Invesco DB Multi-Sector Commodity Trust

	By:	Invesco Capital Management LLC, its Managing Owner

		By:	/s/ Adam Henkel
			Name:	Adam Henkel
			Date:	October 21, 2026
			Title:	Secretary



Invesco DB Base Metals Fund, a series of Invesco DB Multi-Sector Commodity Trust

	By:	Invesco Capital Management LLC, its Managing Owner

		By:	/s/ Adam Henkel
			Name:	Adam Henkel
			Date:	October 21, 2026
			Title:	Secretary

Invesco DB Agriculture Fund, a series of Invesco DB Multi-Sector Commodity Trust

	By:	Invesco Capital Management LLC, its Managing Owner

		By:	/s/ Adam Henkel
			Name:	Adam Henkel
			Date:	October 21, 2026
			Title:	Secretary

Source: View Original Filing on SEC EDGAR

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