Every 10-Q that Invesco DB Precious Metals Fund (DBP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DBP 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 DBP filings page.
Invesco DB Precious Metals Fund reported a net loss of $27,096,474 for the six months ended June 30, 2026, compared with net income of $36,133,471 a year earlier. Total shareholders’ equity fell to $241,026,398 from $257,543,648, with Shares outstanding increasing to 2,600,000.
Net asset value per Share declined from $103.02 at December 31, 2025 to $92.70, producing a six‑month total return at NAV of (10.02)%, while market total return was (10.05)%. Results were driven primarily by commodity futures, which generated a net realized gain of $5,874,758 but a net change in unrealized loss of $37,216,883, turning open futures from $29,851,162 unrealized appreciation at year‑end to an unrealized loss of $7,365,721. The Fund maintained substantial collateral in affiliated vehicles, with $221,645,895 (about 92% of equity) in an Invesco money market fund and short‑term Treasury ETF, while index commodity exposure as of June 30, 2026 was weighted 76.92% Gold, 5.39% Platinum and 17.69% Silver.
Invesco DB Precious Metals Fund reports solid results for the quarter ended March 31, 2026. Net income was $15.2 million, driven mainly by gains on gold and silver futures plus higher interest and dividend income.
Net asset value per share rose from $103.02 to $109.41, a total return of 6.20% at NAV, while the market price climbed from $102.78 to $110.22, a 7.24% return. Shareholders’ equity increased to $279.0 million with 2,550,000 shares outstanding, supported by net creations of 50,000 shares and positive futures performance on gold, silver and, to a lesser extent, platinum.
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.