The Invesco DB Commodity Index Tracking Fund (DBC) filings document a commodity-index fund whose common units of beneficial interest trade on NYSE Arca. Recent material-event reports address the DBIQ Optimum Yield Diversified Commodity Index Excess Return, including implemented methodology changes involving the eligible commodity universe, liquidity-based contract exclusions, annual reviews of base weights and commodities, concentration limits, and intra-year rebalancing events.
The filing record also identifies the fund's registered security, exchange listing, and formal shareholder notices made through Form 8-K and amended Form 8-K reports.
Invesco DB Commodity Index Tracking Fund (DBC) reported net income of $336.8 million for the three months ended September 30, 2026, and $556.6 million for the nine months, versus $38.4 million and $56.4 million in the comparable 2025 periods. Nine-month total return at net asset value was 44.42%, compared with 5.29%.
The fund seeks to track the DBIQ Optimum Yield Diversified Commodity Index Excess by trading commodity futures. As of September 30, 2026, net asset value was $32.35 per share and 59,850,000 shares were outstanding. Open commodity futures had net unrealized appreciation of $176.0 million, versus $16.6 million as of December 31, 2025.
For the nine months, net cash used in operating activities was $153.8 million, compared with $41.8 million provided in 2025; net cash provided by financing activities was $153.8 million. The fund states that adverse moves across all futures could result in substantial losses.
Invesco DB Commodity Index Tracking Fund (DBC) reported a change in the Principal Financial and Accounting Officer role at its managing owner, Invesco Capital Management LLC. Kelli Gallegos, the Managing Owner’s Principal Financial and Accounting Officer, began a leave of absence effective October 19, 2026. On that date, the Managing Owner’s Board of Managers appointed Lori Anello to the role, with her service beginning October 22, 2026.
Anello joined the Managing Owner in 2018 and has served as Global Head of Operational Product Readiness at Invesco Ltd. since June 2026. She is also a Certified Public Accountant. The Managing Owner is preparing her application as a principal. The supplement states there are no arrangements or understandings pursuant to which Anello was appointed and no transactions or proposed transactions between her and the Fund reportable under Item 404(a) of Regulation S-K.
Invesco DB Commodity Index Tracking Fund (DBC) is changing its principal financial and accounting officer: Kelli Gallegos, who held that role at Invesco Capital Management LLC, the Fund’s Managing Owner, began a leave of absence effective 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 and has served as its Principal Financial and Accounting Officer–Investment Pools since October 2026. She is also Global Head of Operational Product Readiness at Invesco Ltd., a role she has held since June 2026, and holds finance and treasury positions at other Invesco funds and trusts. She previously directed North America Fund Treasury and the North America Office of the Fund CFO, and is a Certified Public Accountant.
Invesco DB Commodity Index Tracking Fund (DBC) is a Delaware statutory trust and commodity pool that issues exchange-traded Shares in blocks of 50,000 called Creation Units. It seeks to track the DBIQ Optimum Yield Diversified Commodity Index Excess Return, which reflects futures on a diversified basket of energy, precious metals, industrial metals and agricultural commodities.
The Fund gains exposure primarily through exchange-traded futures, and holds U.S. Treasury securities, money market funds and T-Bill ETFs for margin and cash management, generating Treasury Income, Money Market Income and T-Bill ETF Income. A management fee of 0.85% per annum of daily NAV is paid to Invesco Capital Management LLC; routine operating costs are borne by the Managing Owner, while non-recurring expenses are paid by the Fund.
Shares trade on NYSE Arca under the symbol DBC and can only be created or redeemed by Authorized Participants in Creation Units at NAV; other investors trade on the exchange and may see premiums or discounts. The Fund is not a 1940 Act mutual fund, is treated as a partnership for U.S. tax purposes, and investors can lose all or substantially all of their investment. Risks highlighted include high futures volatility, tracking error, position limits, potential market disruptions, and commodity sector-specific risks such as contango, backwardation and “super contango.”
Invesco DB Commodity Index Tracking Fund, which uses futures to track the DBIQ Optimum Yield Diversified Commodity Index Excess, generated net income of $219,856,772 for the six months ended June 30, 2026, up from $18,011,332 a year earlier. Net asset value per share rose to $26.60 from $22.40 at December 31, 2025, with total shareholders’ equity increasing to $1,576,297,954 and shares outstanding to 59,250,000. Total return was 18.75 % at NAV (19.12 % at market).
Performance was driven by $319,696,111 of realized gains on commodity futures, partly offset by $121,597,446 of unrealized losses. The second quarter alone showed a net loss of $147,941,965 and a −7.99 % NAV return, reflecting a sharp negative swing in unrealized futures valuations. About 90.34 % of shareholders’ equity was held in affiliated short‑term U.S. government ETFs and money market funds as collateral, while open commodity futures positions had average notional exposure of $1,566,607,621 over six months, underscoring reliance on derivatives and associated market and credit risks.
Invesco DB Commodity Index Tracking Fund reports a governance update for its managing owner, Invesco Capital Management LLC. Jordan Krugman notified the fund on June 4, 2026 that he will resign from all positions at the managing owner and its affiliates, including the Board of Managers, effective as of the close of business on August 3, 2026.
Effective at the same time, the Board has appointed Matthew Casaccia as a member of the Board of Managers. Casaccia, age 43, is Senior Director of Financial Planning and Analysis for Investments and Global Product at Invesco Ltd and has spent 17 years with the firm in finance, distribution and transfer agency roles. His biography now replaces Krugman’s throughout the prospectus, and his application as a principal of the managing owner is being prepared.
The fund’s shares trade on NYSE Arca under the symbol DBC. The disclosure reiterates that investing in the shares involves significant risks, that the fund is not an investment company under the Investment Company Act of 1940, and that neither the SEC nor the CFTC has approved or passed on the adequacy of this disclosure.
Invesco DB Commodity Index Tracking Fund, through its managing owner Invesco Capital Management LLC, reports a governance change. On July 31, 2026, the Board of Managers appointed Matthew Casaccia to serve on the Board of Managers, effective as of the close of business on August 3, 2026, and to serve on the Audit Committee.
Casaccia, age 43, is Senior Director of Financial Planning and Analysis for Investments (since December 2023) and Global Product (since March 2025) at affiliated Invesco Ltd, and has spent 17 years with Invesco in various finance and distribution roles. He replaces Jordan Krugman, who previously gave notice of his resignation effective August 3, 2026. The company states there are no arrangements or understandings with other persons regarding Casaccia’s appointment and no transactions with the fund requiring disclosure under Item 404(a) of Regulation S-K. His application as a principal of the Managing Owner is being prepared for submission.
Invesco DB Commodity Index Tracking Fund reported a leadership change at its managing owner. On June 4, 2026, Jordan Krugman notified the fund that he will resign from all positions at Invesco Capital Management LLC, the fund’s Managing Owner, and its affiliates.
His resignation, including his role as a member of the Managing Owner’s Board of Managers, will be effective as of the close of business on August 3, 2026. The Managing Owner is currently considering who will replace Mr. Krugman in these roles.
Invesco DB Commodity Index Tracking Fund delivered a very strong quarter for the period ended March 31, 2026, as rising commodity prices drove results. Total assets increased to $1.72 billion from $1.23 billion at year-end, while shareholders’ equity rose to $1.69 billion.
The fund generated net income of $367.8 million, up sharply from $69.2 million a year earlier, largely from its futures strategy. Net realized and unrealized gains on commodity futures and affiliated investments totaled $358.9 million versus $57.9 million in the prior-year quarter.
Net investment income was $8.9 million, after management fees and brokerage costs. Net asset value per share climbed from $22.40 to $28.91, producing a 29.06% total return at NAV for the quarter, compared with 5.39% in the same period of 2025. The fund held 58,450,000 shares outstanding, and maintained significant collateral in affiliated money market and short-term Treasury vehicles while keeping broad, diversified exposure across energy, metals, and agricultural futures.
Invesco DB Commodity Index Tracking Fund filed its annual report describing how it seeks to track the DBIQ Optimum Yield Diversified Commodity Index Excess using futures on energy, metals and agricultural commodities. The fund charges a 0.85% annual management fee and holds U.S. Treasury obligations, money market funds and T‑Bill ETFs as collateral.
As of December 31, 2025, index exposure was concentrated in gold (13.09%), Brent crude (12.01%) and WTI crude (11.23%), with diversified weights across 28 commodities. Market value of common equity held by non‑affiliates was $1,231,174,500, and 54,150,000 units were outstanding as of January 31, 2026.