PowerShares DB Energy Fund (the Fund) is based on the Deutsche Bank Liquid Commodity Index - Optimum Yield Energy Excess Return (the Index). The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world-light sweet crude oil (WTI), heating oil, brent crude oil, reformulated blendstock for oxygenate blending (RBOB) gasoline and natural gas. The Index is intended to reflect the performance of the energy sector. The Fund is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund is managed by DB Commodity Services LLC (the Managing Owner).
Basic Details
Issuer Invesco
Fund NameInvesco DB Energy Fund
Tax ClassificationPartnership
SymbolNYSEARCA:DBE
Inception Date1/5/2007
Fund ManagerPeter Hubbard
Phone+1-212-2505883
Fund Focus
Asset ClassCommodities
BenchmarkDBIQ Optimum Yield Energy TR USD
CategoryEnergy
FocusBroad Energy
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$183.64 million
Average Daily Volume$140,523.00
Discount/Premium0.68%
ETF Expenses
Management Fee0.75%
Other Expenses0.03%
Total Expenses0.78%
Fee Waiver0.00%
Net Expenses0.78%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
Advisor
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeWilmington Trust Company
Lead Market MakerSusquehanna
Invesco DB Energy Fund (NYSEARCA:DBE) Frequently Asked Questions
What is Invesco DB Energy Fund's stock symbol?
Invesco DB Energy Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DBE."
How often does Invesco DB Energy Fund pay dividends? What is the dividend yield for Invesco DB Energy Fund?
Invesco DB Energy Fund announced an annual dividend on Monday, December 24th. Investors of record on Wednesday, December 26th will be given a dividend of $0.2079 per share on Monday, December 31st. This represents a yield of 1.71%. The ex-dividend date is Monday, December 24th. View Invesco DB Energy Fund's Dividend History.
Has Invesco DB Energy Fund been receiving favorable news coverage?
Headlines about DBE stock have been trending positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Invesco DB Energy Fund earned a news impact score of 2.4 on InfoTrie's scale. They also gave news coverage about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are Invesco DB Energy Fund's key executives?
Invesco DB Energy Fund's management team includes the folowing people:
- Martin Kremenstein, Chief Executive Officer, Chief Investment Officer, Managing Director, Director and Member of the Board of Managers of Managing Owner (Age 37)
- Michael Gilligan, Chief Financial Officer, Director and Member of the Board of Managers of Managing Owner (Age 47)
- Alex Depetris, Chief Operating Officer, Director and Member of the Board of Managers of Managing Owner (Age 34)
Who are Invesco DB Energy Fund's major shareholders?
Invesco DB Energy Fund's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Guardian Life Insurance Co. of America (7.69%), SG Americas Securities LLC (1.86%), LPL Financial LLC (1.64%), Bank of America Corp DE (1.59%), Jane Street Group LLC (1.46%) and Virtu Financial LLC (0.80%).
Which institutional investors are selling Invesco DB Energy Fund stock?
DBE stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Guardian Life Insurance Co. of America, Stephens Inc. AR, SG Americas Securities LLC and LPL Financial LLC.
Which institutional investors are buying Invesco DB Energy Fund stock?
DBE stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Mackey Komara & Dankovich LLC, Two Sigma Securities LLC, OLD Mission Capital LLC, Picton Mahoney Asset Management, CIBC Private Wealth Group LLC, Raymond James & Associates and Virtu Financial LLC.
How do I buy shares of Invesco DB Energy Fund?
Shares of DBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco DB Energy Fund's stock price today?
One share of DBE stock can currently be purchased for approximately $14.93.
How big of a company is Invesco DB Energy Fund?
Invesco DB Energy Fund has a market capitalization of $101.52 million.
What is Invesco DB Energy Fund's official website?
How can I contact Invesco DB Energy Fund?
Invesco DB Energy Fund's mailing address is , New York, NY 10005, United States. The exchange traded fund can be reached via phone at +1-212-2505883.
MarketBeat Community Rating for Invesco DB Energy Fund (NYSEARCA DBE)
MarketBeat's community ratings are surveys of what our community members think about Invesco DB Energy Fund and other stocks. Vote "Outperform" if you believe DBE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DBE will underperform the S&P 500 over the long term. You may vote once every thirty days.
