Invesco DB Oil Fund Files Q2 2024 10-Q

TL;DR

**DBO Q2 10-Q filed. Financials out.**

AI Summary

Invesco DB Oil Fund (DBO) filed its 10-Q for the period ending June 30, 2024. The filing details the fund's financial performance and operations. The fund is managed by Invesco DB Multi-Sector Commodity Trust, with its principal executive offices located at 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.

Why It Matters

This filing provides investors with crucial financial information about the Invesco DB Oil Fund's performance and holdings during the second quarter of 2024.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not indicate any immediate or unusual risks.

Key Numbers

• 20240630 — Period End Date (The filing covers financial data up to this date.)
• 1231 — Fiscal Year End (Indicates the end of the fund's fiscal year.)

Key Players & Entities

• Invesco DB Oil Fund (company) — Filer of the 10-Q
• Invesco DB Multi-Sector Commodity Trust (company) — Manager of the fund
• 3500 Lacey Road, Suite 700, Downers Grove, IL 60515 (location) — Principal executive offices
• 20240630 (date) — Period of report

FAQ

Filing Documents

• dbo-20240630.htm (10-Q) — 1547KB
• dbo-ex31_1.htm (EX-31.1) — 15KB
• dbo-ex31_2.htm (EX-31.2) — 15KB
• dbo-ex32_1.htm (EX-32.1) — 13KB
• dbo-ex32_2.htm (EX-32.2) — 13KB
• img171716223_0.jpg (GRAPHIC) — 171KB
• img171716223_1.jpg (GRAPHIC) — 177KB
• img171716223_2.jpg (GRAPHIC) — 186KB
• img171716223_3.jpg (GRAPHIC) — 158KB
• 0000950170-24-092105.txt ( ) — 7406KB
• dbo-20240630.xsd (EX-101.SCH) — 578KB
• dbo-20240630_htm.xml (XML) — 1228KB

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 35

FINANCI AL INFORMATION

PART I. FINANCI AL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS. Invesco DB Oil Fund June 30, 2024 and December 31, 2023 (Unaudited) June 30, December 31, 2024 2023 Assets United States Treasury Obligations, at value (cost $ 67,008,839 and $ 81,766,552 , respectively) $ 67,013,170 $ 81,824,337 Affiliated investments, at value (cost $ 168,023,048 and $ 162,787,879 , respectively) 168,016,783 162,850,666 Receivable for: Dividends from affiliates 704,318 818,343 Total assets $ 235,734,271 $ 245,493,346 Liabilities Other investments: Variation margin payable- Commodity Futures Contracts $ 815,130 $ 838,080 Payable for: Distributions — 159,628 Management fees 132,046 149,188 Brokerage commissions and fees 4,856 4,958 Total liabilities $ 952,032 $ 1,151,854 Commitments and Contingencies (Note 10) Equity Shareholder's equity—General Shares 634 558 Shareholders' equity—Shares 234,781,605 244,340,934 Total shareholders' equity 234,782,239 244,341,492 Total liabilities and equity $ 235,734,271 $ 245,493,346 General Shares outstanding 40 40 Shares outstanding 14,800,000 17,500,000 Net asset value per share $ 15.86 $ 13.96 Market value per share $ 15.87 $ 13.92 See accompanying Notes to Unaudited Financial Statements which are an integral part of the financial statements. 1 Invesco DB Oil 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, 5.250 % due September 5, 2024 5.90 % $ 13,866,363 $ 14,000,000 U.S. Treasury Bills, 5.240 % due October 3, 2024 16.81 % 39,460,022 40,000,000 U.S. Treasury Bills, 5.155 % due December 5, 2024 5.83 % 13,686,785 14,000,000 Total United States Treasury Obligations (cost $ 67,008,839 ) 28.54 % $

View Full Filing

View this 10-Q filing on SEC EDGAR