PowerShares DB Oil Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund is a based on the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index) over time, plus the excess, if any, of the Fund's interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund. The Fund is managed by DB Commodity Services LLC (the Managing Owner). The Index is a rules-based index composed of futures contracts on Light Sweet Crude Oil (WTI) and is intended to reflect the performance of crude oil.
Basic Details
Issuer Invesco
Fund NameInvesco DB Oil Fund
Tax ClassificationPartnership
SymbolNYSEARCA:DBO
Inception Date1/5/2007
Fund ManagerPeter Hubbard
Phone+1-212-2505883
Fund Focus
Asset ClassCommodities
BenchmarkDBIQ Optimum Yield Crude Oil TR USD
CategoryEnergy
FocusCrude Oil
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$317.38 million
Average Daily Volume$381,105.00
Discount/Premium-0.29%
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 MakerJane Street
Invesco DB Oil Fund (NYSEARCA:DBO) Frequently Asked Questions
What is Invesco DB Oil Fund's stock symbol?
Invesco DB Oil Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DBO."
How often does Invesco DB Oil Fund pay dividends? What is the dividend yield for Invesco DB Oil Fund?
Invesco DB Oil Fund declared an annual dividend on Monday, December 24th. Investors of record on Wednesday, December 26th will be given a dividend of $0.1344 per share on Monday, December 31st. This represents a dividend yield of 1.65%. The ex-dividend date is Monday, December 24th. View Invesco DB Oil Fund's Dividend History.
Has Invesco DB Oil Fund been receiving favorable news coverage?
News headlines about DBO stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Invesco DB Oil Fund earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future.
Who are Invesco DB Oil Fund's key executives?
Invesco DB Oil Fund's management team includes the folowing people:
- Andrew R. Schlossberg, Chief Executive Officer, Director Board of Managers of Managing Owner (Age 43)
- Steven M. Hill CPA, Principal Financial and Accounting Officer, Investment Pools of Managing Owner (Age 51)
- David C. Warren, Chief Administrative Officer, Director of Board of Managers of Managing Owner (Age 56)
- Deanna B. Marotz, Chief Compliance Officer of Managing Owner (Age 50)
- Peter Hubbard, Vice President, Director - Portfolio Management of Managing Owner (Age 34)
- Roderick Ellis, Principal of Managing Owner (Age 47)
- Daniel Draper, Director of Board of Managers of Managing Owner (Age 45)
- John M. Zerr, Director of Board of Managers of Managing Owner (Age 54)
Who are Invesco DB Oil Fund's major shareholders?
Invesco DB Oil Fund's stock is owned by a number of of retail and institutional investors. Top institutional investors include Guardian Life Insurance Co. of America (7.80%), MD Financial Management Inc. (6.51%), Prudential PLC (4.67%), Mirae Asset Global Investments Co. Ltd. (0.97%), Cetera Advisor Networks LLC (0.96%) and IndexIQ Advisors LLC (0.47%).
Which major investors are selling Invesco DB Oil Fund stock?
DBO stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Prudential PLC, Commonwealth Equity Services LLC, Cambridge Investment Research Advisors Inc., Advisor Group Inc., Lincoln National Corp, Edmond DE Rothschild Holding S.A. and Oppenheimer & Co. Inc..
Which major investors are buying Invesco DB Oil Fund stock?
DBO stock was purchased by a variety of institutional investors in the last quarter, including MD Financial Management Inc., Guardian Life Insurance Co. of America, Cetera Advisor Networks LLC, Mirae Asset Global Investments Co. Ltd., IndexIQ Advisors LLC, GYL Financial Synergies LLC, LPL Financial LLC and MML Investors Services LLC.
How do I buy shares of Invesco DB Oil Fund?
Shares of DBO 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 Oil Fund's stock price today?
One share of DBO stock can currently be purchased for approximately $10.52.
How big of a company is Invesco DB Oil Fund?
Invesco DB Oil Fund has a market capitalization of $313.50 million.
What is Invesco DB Oil Fund's official website?
How can I contact Invesco DB Oil Fund?
Invesco DB Oil Fund's mailing address is C/O DB COMMODITY SERVICES LLC 60 WALL STREET, NEW YORK, NY 10005, United States. The company can be reached via phone at +1-212-2505883.
MarketBeat Community Rating for Invesco DB Oil Fund (NYSEARCA DBO)
MarketBeat's community ratings are surveys of what our community members think about Invesco DB Oil Fund and other stocks. Vote "Outperform" if you believe DBO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DBO will underperform the S&P 500 over the long term. You may vote once every thirty days.
