Invesco DB Commodity Index Tracking Fund (DBC)
Invesco DB Commodity Index Tracking Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $30.11, up 0.47% on the session, giving a market capitalisation of $2.12B. On trailing twelve-month figures it carries a trailing P/E of 3.99, a net margin of 793.3%. Its beta of 1.05 implies it has historically moved more than the broad market.
The Invesco DB Commodity Index Tracking Fund (DBC) aims to replicate the performance, both positive and negative, of the DBIQ Optimum Yield Diversified Commodity Index Excess Return (DBIQ Opt Yield Diversified Comm Index ER or Index). Beyond merely tracking the index, the Fund also incorporates interest income derived primarily from its holdings of U.S. Treasury securities and money market instruments, offset by the Fund's operating expenses. This Fund is designed to provide investors with an accessible and efficient vehicle for gaining exposure to commodity futures. The underlying Index is a systematic, rules-based benchmark comprising futures contracts on fourteen of the world's most actively traded and economically significant physical commodities. Both the Fund and its corresponding Index undergo annual rebalancing and reconstitution each November. It is crucial to note that this Fund may not be appropriate for all investors. Its speculative nature, involving trading within highly volatile commodity markets, presents substantial risk. The inherent volatility of futures contracts means frequent and significant price fluctuations, which could lead to considerable financial losses. For a comprehensive understanding of these and other potential risks, prospective investors should thoroughly review the "Risk and Other Information" section and the Fund's official Prospectus. Information regarding qualified notices for IRS Section 1446(f) Rule concerning Publicly Traded Partnerships (PTPs), as well as FAQs for Form 1065 Schedule K-3 for Invesco DB Funds, is available through our dedicated ETF tax center.
Invesco DB Commodity Index Tracking Fund is most often compared with the following Financial Services names: