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 PowerShares
Fund NamePowerShares 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$180.73 million
Average Daily Volume$110,824.00
Discount/Premium-0.38%
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
PowerShares DB Energy Fund (NYSEARCA:DBE) Frequently Asked Questions
What is PowerShares DB Energy Fund's stock symbol?
PowerShares DB Energy Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DBE."
Who are PowerShares DB Energy Fund's key executives?
PowerShares 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)
Has PowerShares DB Energy Fund been receiving favorable news coverage?
Media headlines about DBE stock have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PowerShares DB Energy Fund earned a media sentiment score of 0.11 on Accern's scale. They also gave media coverage about the exchange traded fund an impact score of 46.47 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are PowerShares DB Energy Fund's major shareholders?
PowerShares DB Energy Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (7.71%), Guardian Life Insurance Co. of America (6.77%), The Manufacturers Life Insurance Company (2.36%), Envestnet Asset Management Inc. (1.60%), SG Americas Securities LLC (1.31%) and UBS Group AG (0.95%). View Institutional Ownership Trends for PowerShares DB Energy Fund.
Which institutional investors are selling PowerShares DB Energy Fund stock?
Which institutional investors are buying PowerShares DB Energy Fund stock?
DBE stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Guardian Life Insurance Co. of America, UBS Group AG, JPMorgan Chase & Co., Flow Traders U.S. LLC, Envestnet Asset Management Inc., Picton Mahoney Asset Management and Oppenheimer & Co. Inc.. View Insider Buying and Selling for PowerShares DB Energy Fund.
How do I buy shares of PowerShares 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 PowerShares DB Energy Fund's stock price today?
One share of DBE stock can currently be purchased for approximately $16.08.
How can I contact PowerShares DB Energy Fund?
PowerShares 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 PowerShares DB Energy Fund (DBE)
MarketBeat's community ratings are surveys of what our community members think about PowerShares 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.
