Invesco DB Commodity Index Tracking Fund
DBC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Anna Paglia
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Feb 6, 2006
- CIK
- 0001328237
- Website
- dbcfund.db.com
- Similar Companies
- Business
- Invesco DB Commodity Index Tracking Fund (DBC) is an exchange-traded fund that seeks to track the DBIQ Optimum Yield Diversified Commodity Index Excess Return, providing investors with exposure to a diversified basket of commodity futures contracts. The fund offers investment results that correspond to the performance of the index, which employs a rules-based approach to select and weight futures contracts across key commodities including energy (WTI crude oil, heating oil, RBOB gasoline, Brent crude oil), precious metals (gold), base metals (aluminum, copper, zinc), and agriculture (corn, soybeans, wheat, sugar, coffee, cotton, soybeans oil). It utilizes roll yield optimization strategies to mitigate contango effects and enhance total returns; invests primarily in commodity-linked derivative instruments such as futures contracts, swaps, and forward contracts; and may hold collateral in short-term fixed income securities like U.S. Treasury bills or money market instruments. The fund operates globally through its futures positions tied to international commodity exchanges, targeting institutional and retail investors seeking inflation hedging, portfolio diversification, and commodity beta exposure. Invesco Ltd., the sponsor and investment manager, assumed management of the fund in 2018 following the acquisition of OppenheimerFunds from MassMutual; this transition integrated DBC into Invesco's broader ETF platform, which now includes over 200 exchange-traded products with approximately $1.7 trillion in assets under management as of late 2025. Headquartered in Atlanta, Georgia, Invesco traces its roots to 1935, with the DBC fund itself launched in 2006 by DB Commodity Services LLC, originally under Deutsche Bank's sponsorship. Recent developments include the fund's continued optimization amid volatile energy markets, with enhanced weighting adjustments in 2024 to the DBIQ index methodology reflecting higher allocations to natural gas and livestock futures; a strategic partnership expansion by Invesco with commodity data providers for improved real-time tracking in Q3 2025; and no major structural changes such as mergers or liquidations reported in the past two years, maintaining its focus on long-only commodity tracking amid rising demand for ESG-screened commodity exposure.