Invesco DB Agriculture Fund Files 10-Q
Ticker: DBA · Form: 10-Q · Filed: Aug 7, 2024 · CIK: 1383082
| Field | Detail |
|---|---|
| Company | Invesco Db Agriculture Fund (DBA) |
| Form Type | 10-Q |
| Filed Date | Aug 7, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, fund-filing, agriculture
TL;DR
DB Agriculture Fund 10-Q filed. Financials updated.
AI Summary
Invesco DB Agriculture Fund filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational information for the fund. The fund is managed by Invesco DB Multi-Sector Commodity Trust, with its principal office located at 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.
Why It Matters
This filing provides investors with crucial financial updates and performance data for the Invesco DB Agriculture Fund, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine financial filing for a publicly traded fund and does not indicate any unusual risks.
Key Numbers
- 20240630 — Reporting Period End Date (Financial reporting period)
- 20240807 — Filing Date (Date the report was submitted to the SEC)
Key Players & Entities
- INVESCO DB AGRICULTURE FUND (company) — Filer
- Invesco DB Multi-Sector Commodity Trust (company) — Manager
- 3500 LACEY ROAD (location) — Business Address
- DOWNERS GROVE (location) — Business Address City
- IL (location) — Business Address State
- 60515 (location) — Business Address Zip
FAQ
What is the primary business activity of Invesco DB Agriculture Fund?
The filing indicates the fund is related to agriculture and managed by Invesco DB Multi-Sector Commodity Trust, suggesting it invests in agricultural commodities or related instruments.
When is the fiscal year end for Invesco DB Agriculture Fund?
The fiscal year end for Invesco DB Agriculture Fund is December 31.
What was the previous name of Invesco DB Agriculture Fund?
The previous name was PowerShares DB Agriculture Fund, with a name change date of December 8, 2006.
Who is the filer of this 10-Q report?
The filer is Invesco DB Agriculture Fund, with Central Index Key 0001383082.
What is the business address of the fund?
The business address is 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.
Filing Stats: 4,258 words · 17 min read · ~14 pages · Grade level 14.6 · Accepted 2024-08-06 18:43:55
Filing Documents
- dba-20240630.htm (10-Q) — 1828KB
- dba-ex31_1.htm (EX-31.1) — 12KB
- dba-ex31_2.htm (EX-31.2) — 12KB
- dba-ex32_1.htm (EX-32.1) — 9KB
- dba-ex32_2.htm (EX-32.2) — 9KB
- img238550733_0.jpg (GRAPHIC) — 163KB
- img238550733_1.jpg (GRAPHIC) — 173KB
- img238550733_2.jpg (GRAPHIC) — 158KB
- img238550733_3.jpg (GRAPHIC) — 179KB
- 0000950170-24-092124.txt ( ) — 8032KB
- dba-20240630.xsd (EX-101.SCH) — 607KB
- dba-20240630_htm.xml (XML) — 1368KB
Financial Statements
Financial Statements 1 Notes to Unaudited Financial Statements 10 ITEM 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 21 ITEM 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 31 ITEM 4.
Controls and Procedures
Controls and Procedures 33 PART II. OTHER INFORMATION 34 Item 1.
Legal Proceedings
Legal Proceedings 34 Item 1A.
Risk Factors
Risk Factors 34 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 34 Item 3. Defaults Upon Senior Securities 34 Item 4. Mine Safety Disclosures 34 Item 5. Other Information 34 Item 6. Exhibits 34
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS. Invesco DB Agriculture Fund June 30, 2024 and December 31, 2023 (Unaudited) June 30, December 31, 2024 2023 Assets United States Treasury Obligations, at value (cost $ 293,444,959 and $ 342,604,310 , respectively) $ 293,540,679 $ 342,956,644 Affiliated Investments, at value (cost $ 407,300,386 and $ 367,600,564 , respectively) 407,362,216 367,815,458 Other investments: Variation margin receivable- Commodity Futures Contracts 7,339,663 — Cash held by custodian — 4,721,066 Receivable for: Fund shares sold — 2,074,305 Dividends from affiliates 1,462,198 1,403,400 Total assets $ 709,704,756 $ 718,970,873 Liabilities Other investments: Variation margin payable- Commodity Futures Contracts $ — $ 10,687,335 Payable for: Distributions — 336,157 Fund shares reacquired — 3,157,545 Management fees 492,231 520,593 Brokerage commissions and fees 4,662 2,673 Total liabilities 496,893 14,704,303 Commitments and Contingencies (Note 10) Equity Shareholder's equity—General Shares 957 830 Shareholders' equity—Shares 709,206,906 704,265,740 Total shareholders' equity 709,207,863 704,266,570 Total liabilities and equity $ 709,704,756 $ 718,970,873 General Shares outstanding 40 40 Shares outstanding 29,650,000 33,950,000 Net asset value per share $ 23.92 $ 20.74 Market value per share $ 23.81 $ 20.73 See accompanying Notes to Unaudited Financial Statements which are an integral part of the financial statements. 1 Invesco DB Agriculture Fund Schedule of Investments June 30, 2024 (Unaudited) Description Percentage of Shareholders' Equity Value Principal Value United States Treasury Obligations (a) U.S. Treasury Bills, 5.170 % due November 29, 2024 (b) 37.94 % $ 269,099,991 $ 275,000,000 U.S. Treasury Bills, 5.