Welcome to our dedicated page for Invesco DB Precious Metals SEC filings (Ticker: DBP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Invesco DB Precious Metals Fund (DBP) SEC filings page on Stock Titan brings together the funds regulatory reports, including current reports on Form 8-K and amendments on Form 8-K/A. These documents describe material events for the fund, which is a series of Invesco DB Multi-Sector Commodity Trust and issues Common Units of Beneficial Interest listed on NYSE Arca under the symbol DBP.
According to recent 8-K and 8-K/A filings, a key focus of DBPs disclosures is the DBIQ Optimum Yield Precious Metals Index Excess ReturnTM, the Index the fund seeks to track. The filings explain changes implemented by Deutsche Bank AG, the Index provider, such as adjustments to the commodity universe, inclusion of Platinum as an eligible commodity, modifications to the Optimum Yield methodology to eliminate contracts with limited liquidity, rules-based annual reviews of base weights and commodities, sector and single-commodity caps and floors, and the use of intra-year rebalancing events when large deviations from target weights occur.
On this page, you can access DBPs SEC filings as they are made available from EDGAR, while Stock Titans AI tools provide summaries to help interpret the implications of each report. Form 8-K and Form 8-K/A documents are particularly useful for understanding how Index methodology changes are communicated and how the fund confirms that such changes do not alter its investment objective of seeking to track the Index.
Use this filings hub to review DBPs regulatory history, monitor updates to the Index it follows, and see how the managing owner, Invesco Capital Management LLC, reports material events affecting Invesco DB Precious Metals Fund.
Invesco DB Precious Metals Fund is a Delaware commodity pool that seeks to track the DBIQ Optimum Yield Precious Metals Index Excess Return. It does this mainly by holding exchange‑traded futures on gold, platinum and silver, plus collateral in U.S. Treasury bills, money market funds and short‑term Treasury ETFs.
As of December 31, 2025, fund weights were about 74.80% in gold, 18.85% in silver and 6.35% in platinum, with 2,500,000 common units outstanding as of January 31, 2026 and non‑affiliate equity market value of $187,850,000. The fund charges a 0.75% annual management fee and highlights significant risks from futures volatility, leverage, position limits, contango/backwardation and tax pass‑through treatment.
Invesco DB Precious Metals Fund, a series of Invesco DB Multi-Sector Commodity Trust, has implemented planned changes to the index it tracks, the DBIQ Optimum Yield Precious Metals Index Excess Return, effective November 10, 2025.
The index rules now include Platinum in the commodity universe, modify the Optimum Yield methodology to remove contracts with limited liquidity, and introduce an annual, rules-based review of base weights and eligible commodities. New sector and single-commodity caps and floors are designed to limit concentration, and intra-year rebalancing can occur if weights deviate significantly from annual targets.
The Trust states that these methodology changes will not affect the Fund’s investment objective.
Invesco DB Precious Metals Fund (DBP) reported strong Q3 2025 results. Net asset value per share rose to $88.59 from $60.72 at year-end 2024, with market price at $88.98. Total assets reached $221.6 million, and net income was $34.4 million for the quarter and $70.6 million for the nine months. Year-to-date total return at NAV was 45.90%, driven primarily by unrealized gains on gold and silver futures.
The Fund held 453 COMEX gold and 192 COMEX silver December 2025 futures, with unrealized appreciation of $56.5 million at quarter-end. Affiliated cash instruments comprised 68.01% of equity, including the Invesco Government & Agency Portfolio (4.05% 7‑day yield) and the Invesco Short Term Treasury ETF. Shares outstanding were 2,500,000 as of September 30, 2025. Effective November 10, 2025, the Index will adopt rules for annual commodity eligibility, modified Optimum Yield, weight limits, and intra‑year rebalancing to manage liquidity and concentration.
Invesco DB Precious Metals Fund (DBP) disclosed that the index it tracks will undergo a rules-based methodology change implemented by Deutsche Bank AG. Eligible commodities will be chosen annually for liquidity and economic importance, and the Optimum Yield selection will be tightened to remove contracts with limited liquidity. The existing static allocations will be replaced by an annual review to align weights with global production and market liquidity, while sector and single-commodity caps and floors will limit concentration. An intra-year rebalance can be triggered if monthly observations show large deviations. The filing states these changes will not affect the Fund's investment objective.