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 Date1/3/2007
Fund ManagerPeter Hubbard
Phone+1-212-2505883
Fund Focus
Asset ClassCommodities
BenchmarkWest Texas Intermediate Light Sweet Crude Oil
CategoryEnergy
FocusCrude Oil
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$235.14 million
Average Daily Volume$253,972.80
Discount/Premium0.00%
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
AdvisorInvesco Capital Management LLC
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
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