Invesco DB Precious Metals Fund Files Q2 2024 10-Q
Ticker: DBP · Form: 10-Q · Filed: Aug 7, 2024 · CIK: 1383057
| Field | Detail |
|---|---|
| Company | Invesco Db Precious Metals Fund (DBP) |
| 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, precious-metals, invesco
TL;DR
**Invesco DB Precious Metals Fund filed its Q2 10-Q on Aug 7, 2024. Check financials.**
AI Summary
Invesco DB Precious Metals Fund filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational information for the fund. The report was filed on August 7, 2024, and covers the second quarter of the fiscal year.
Why It Matters
This filing provides investors with crucial financial data and operational updates for the Invesco DB Precious Metals Fund, impacting investment decisions related to precious metals.
Risk Assessment
Risk Level: low — This is a routine financial filing (10-Q) for a publicly traded fund, not indicating any unusual or elevated risks.
Key Numbers
- Q2 2024 — Reporting Period (The financial results cover the second quarter of 2024.)
- June 30, 2024 — Period End Date (The financial data is as of this date.)
- August 7, 2024 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Invesco DB Precious Metals Fund (company) — Filer of the 10-Q
- Invesco DB Multi-Sector Commodity Trust (company) — Related entity with name change history
- 0000950170-24-092095 (filing_id) — Accession number for the filing
- 20240630 (date) — End of the reporting period
- 20240807 (date) — Date the filing was made
FAQ
What is the primary purpose of this 10-Q filing?
The 10-Q filing provides a comprehensive quarterly update on the financial performance and condition of the Invesco DB Precious Metals Fund for the period ending June 30, 2024.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted to the SEC on August 7, 2024.
What is the fiscal year end for the Invesco DB Precious Metals Fund?
The fiscal year end for the Invesco DB Precious Metals Fund is December 31.
What was the previous name of the Invesco DB Precious Metals Fund?
The Invesco DB Precious Metals Fund was formerly known as PowerShares DB Precious Metals Fund.
What is the Central Index Key (CIK) for Invesco DB Precious Metals Fund?
The Central Index Key (CIK) for Invesco DB Precious Metals Fund is 0001383057.
Filing Stats: 4,298 words · 17 min read · ~14 pages · Grade level 14.7 · Accepted 2024-08-06 18:25:34
Filing Documents
- dbp-20240630.htm (10-Q) — 1574KB
- dbp-ex31_1.htm (EX-31.1) — 15KB
- dbp-ex31_2.htm (EX-31.2) — 15KB
- dbp-ex32_1.htm (EX-32.1) — 9KB
- dbp-ex32_2.htm (EX-32.2) — 9KB
- img243638174_0.jpg (GRAPHIC) — 180KB
- img243638174_1.jpg (GRAPHIC) — 161KB
- img243638174_2.jpg (GRAPHIC) — 162KB
- img243638174_3.jpg (GRAPHIC) — 176KB
- 0000950170-24-092095.txt ( ) — 7378KB
- dbp-20240630.xsd (EX-101.SCH) — 567KB
- dbp-20240630_htm.xml (XML) — 1223KB
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 20 ITEM 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 30 ITEM 4.
Controls and Procedures
Controls and Procedures 32 PART II. OTHER INFORMATION 33 Item 1.
Legal Proceedings
Legal Proceedings 33 Item 1A.
Risk Factors
Risk Factors 33 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 33 Item 3. Defaults Upon Senior Securities 33 Item 4. Mine Safety Disclosures 33 Item 5. Other Information 33 Item 6. Exhibits 34
FINANCI AL INFORMATION
PART I. FINANCI AL INFORMATION
FINANCI AL STATEMENTS
ITEM 1. FINANCI AL STATEMENTS. Invesco DB Precious Metals Fund June 30, 2024 and December 31, 2023 (Unaudited) June 30, December 31, 2024 2023 Assets United States Treasury Obligations, at value (cost $ 53,801,803 and $ 53,793,547 , respectively) $ 53,819,998 $ 53,851,960 Affiliated investments, at value (cost $ 100,360,803 and $ 94,240,094 , respectively) 100,362,062 94,268,880 Other investments: Variation margin receivable- Commodity Futures Contracts 500,120 — Receivable for: Dividends from affiliates 419,828 451,026 Total assets $ 155,102,008 $ 148,571,866 Liabilities Other Investments: Variation margin payable- Commodity Futures Contracts $ — $ 987,795 Payable for: Management fees 86,363 88,174 Brokerage commissions and fees 4,995 5,002 Total liabilities 91,358 1,080,971 Commitments and Contingencies (Note 10) Equity Shareholder's equity—General Shares 2,296 2,000 Shareholders' equity—Shares 155,008,354 147,488,895 Total shareholders' equity 155,010,650 147,490,895 Total liabilities and equity $ 155,102,008 $ 148,571,866 General Shares outstanding 40 40 Shares outstanding 2,700,000 2,950,000 Net asset value per share $ 57.41 $ 50.00 Market value per share $ 57.29 $ 50.03 See accompanying Notes to Unaudited Financial Statements which are an integral part of the financial statements. 1 Invesco DB Precious Metals 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) 34.72 % $ 53,819,998 $ 55,000,000 Total United States Treasury Obligations (cost $ 53,801,803 ) 34.72 % $ 53,819,998 Affiliated Investments Shares Exchange-Traded Fund Invesco Short Term Treasury ET