Invesco DB Commodity Fund Files 10-Q for Q2 2024
Ticker: DBC · Form: 10-Q · Filed: Aug 7, 2024 · CIK: 1328237
Sentiment: neutral
Topics: 10-Q, ETF, Commodities, Filing
TL;DR
**Invesco DB Commodity Fund 10-Q filed. Check holdings for Q2 2024.**
AI Summary
Invesco DB Commodity Index Tracking Fund filed a 10-Q for the period ending June 30, 2024. The filing details the fund's financial status and investments, including its former names like PowerShares DB Commodity Index Tracking Fund and DB Commodity Index Tracking Fund. The fund is registered under the 1934 Act and has a Central Index Key of 0001328237.
Why It Matters
This filing provides investors with an update on the Invesco DB Commodity Index Tracking Fund's performance and holdings, crucial for understanding its current market position and future outlook.
Risk Assessment
Risk Level: low — This is a routine quarterly filing for an established exchange-traded fund, not indicating any unusual risks.
Key Numbers
- 0001328237 — Central Index Key (Unique identifier for the filer)
- 1934 Act — SEC Act (Legislation under which the filing is made)
Key Players & Entities
- Invesco DB Commodity Index Tracking Fund (company) — Filer of the 10-Q
- PowerShares DB Commodity Index Tracking Fund (company) — Former name of the filer
- DB Commodity Index Tracking Fund (company) — Former name of the filer
- 0000950170-24-092107 (other) — Accession Number for the filing
- 20240630 (date) — End of the reporting period
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is June 30, 2024.
What were the previous names of the Invesco DB Commodity Index Tracking Fund?
The fund was formerly known as PowerShares DB Commodity Index Tracking Fund and DB Commodity Index Tracking Fund.
What is the Central Index Key (CIK) for Invesco DB Commodity Index Tracking Fund?
The Central Index Key for Invesco DB Commodity Index Tracking Fund is 0001328237.
Under which SEC Act is this filing made?
This filing is made under the 1934 Act.
What is the business address of the filer?
The business address is 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.
Filing Stats: 4,249 words · 17 min read · ~14 pages · Grade level 14.8 · Accepted 2024-08-06 18:29:42
Filing Documents
- dbc-20240630.htm (10-Q) — 1894KB
- dbc-ex31_1.htm (EX-31.1) — 14KB
- dbc-ex31_2.htm (EX-31.2) — 15KB
- dbc-ex32_1.htm (EX-32.1) — 8KB
- dbc-ex32_2.htm (EX-32.2) — 8KB
- img113959179_0.jpg (GRAPHIC) — 169KB
- img113959179_1.jpg (GRAPHIC) — 155KB
- img113959179_2.jpg (GRAPHIC) — 166KB
- img113959179_3.jpg (GRAPHIC) — 183KB
- 0000950170-24-092107.txt ( ) — 8002KB
- dbc-20240630.xsd (EX-101.SCH) — 643KB
- dbc-20240630_htm.xml (XML) — 1326KB
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 31 ITEM 4.
Controls and Procedures
Controls and Procedures 34 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 35 Item 6. Exhibits 35
FIN ANC IAL INFORMATION
PART I. FIN ANC IAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS. Invesco DB Commodity Index Tracking Fund June 30, 2024 and December 31, 2023 (Unaudited) June 30, December 31, 2024 2023 Assets United States Treasury Obligations, at value (cost $ 684,672,534 and $ 783,578,544 , respectively) $ 684,890,002 $ 784,350,648 Affiliated investments, at value (cost $ 1,046,578,827 and $ 907,765,903 , respectively) 1,046,657,716 908,120,125 Other investments: LME Commodity Futures Contracts receivable 927,767 — Unrealized appreciation on LME Commodity Futures Contracts 14,504,390 4,964,271 Receivable for: Dividends from affiliates 3,510,361 3,716,526 Total assets $ 1,750,490,236 $ 1,701,151,570 Liabilities Other investments: Variation margin payable- Commodity Futures Contracts $ 6,567,976 $ 9,665,016 LME Commodity Futures Contracts payable — 4,456,438 Unrealized depreciation on LME Commodity Futures Contracts 1,238,681 1,777,646 Payable for: Distributions — 599,093 Management fees 1,153,085 1,216,569 Brokerage commissions and fees 3,746 4,452 Total liabilities 8,963,488 17,719,214 Commitments and Contingencies (Note 10) Equity Shareholder's equity—General Shares 930 882 Shareholders' equity—Shares 1,741,525,818 1,683,431,474 Total shareholders' equity 1,741,526,748 1,683,432,356 Total liabilities and equity $ 1,750,490,236 $ 1,701,151,570 General Shares outstanding 40 40 Shares outstanding 74,900,000 76,350,000 Net asset value per share $ 23.25 $ 22.05 Market value per share $ 23.25 $ 22.06 See accompanying Notes to Unaudited Financial Statements which are an integral part of the financial statements. 1 Invesco DB Commodity Index Tracking Fund Schedule of Investments June 30, 2024 (Unaudited) Description Percentage of Shareholders' Equity Value Principal Value United States