Every 424B that Invesco DB Precious Metals Fund (DBP) has filed with the SEC in the last 12 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 424B covers the supplement that carries the terms of a priced offering, 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 (DBP) reports a principal financial and accounting officer transition at its Managing Owner, Invesco Capital Management LLC. Kelli Gallegos began a leave of absence on October 19, 2026. The Managing Owner’s Board appointed Lori Anello to the role beginning October 22, 2026; she is its Global Head of Operational Product Readiness and joined the Managing Owner in 2018.
Anello also holds financial and treasury roles at other Invesco funds and is a Certified Public Accountant. Her application as a principal of the Managing Owner is being prepared for submission. The supplement states there are no arrangements or understandings related to her appointment and no transactions with the Fund reportable under Item 404(a) of Regulation S-K.
Invesco DB Precious Metals Fund (DBP) is a series of the Invesco DB Multi-Sector Commodity Trust that offers exchange-traded common units of beneficial interest (“Shares”) designed to track the DBIQ Optimum Yield Precious Metals Index Excess Return™. The Fund currently gains exposure through exchange-traded futures on gold, platinum and silver, and holds U.S. Treasury securities, money market funds and T‑Bill ETFs mainly for margin and cash management.
Shares trade on NYSE Arca under ticker DBP and are issued and redeemed only in Creation Units of 50,000 Shares at NAV to Authorized Participants; other investors trade on the exchange at market prices, which may be at a premium or discount to NAV. The Managing Owner, Invesco Capital Management LLC, charges a 0.75% per annum management fee on daily NAV and pays most routine expenses; brokerage costs are estimated at about 0.00% of NAV annually.
Based on a NAV of $107.94 per Share as of May 31, 2026, first‑year fees are estimated at $0.8106 per Share. With assumed annual rates of 0.00% Treasury Income, 3.55% Money Market Income and 3.59% T‑Bill ETF Income, the Fund’s income is expected to offset expenses, yielding a breakeven of $0.00, or 0% of NAV over 12 months. The Fund is a speculative commodity pool; futures trading is volatile, losses can be large, and investors could lose all or substantially all of their investment. The Fund is treated as a partnership for U.S. tax purposes, so shareholders are taxed on their allocable share of income whether or not distributions are made.
Invesco DB Multi-Sector Commodity Trust and Invesco DB Precious Metals Fund report a Board change at Invesco Capital Management LLC, the Managing Owner. On June 4, 2026, Jordan Krugman notified the funds that he is resigning from all positions at the Managing Owner and its affiliates, effective as of the close of business on August 3, 2026.
On July 31, 2026, the Board appointed Matthew Casaccia to serve as a member of the Board of the Managing Owner, effective as of the same Effective Date. All references to Mr. Krugman are replaced by Mr. Casaccia, whose updated biography describes his senior financial planning and analysis roles at Invesco Ltd and his 17 years of experience with the firm.