# Invesco DB Base Metals Fund (DBB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dbb for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Alternatives - Strategy: Thematic · Inception: 2007-01-05 The Invesco DB Base Metals Fund (DBB) endeavors to replicate the performance, whether upward or downward, of the DBIQ Optimum Yield Industrial Metals Index Excess Return (referred to as the Index). The Fund's total return is further augmented by interest income from its investments, predominantly U.S. Treasury securities and money market holdings, after deducting its operating expenses. This Fund offers investors an efficient and accessible avenue for gaining exposure to commodity futures. The underlying Index adheres to a defined set of rules and is composed of futures contracts on activel... ## Key Facts | Metric | Value | |---|---| | Price | $25.10 | | Expense Ratio | 0.81% | | Assets Under Management | $325.5M | | NAV | $25.23 (2026-10-28 close) | | Holdings Count | 7 | | Distribution Yield (TTM) | 2.39% | | Annual Distribution (TTM) | $0.60 /share | | Distribution Frequency | Annual | | 52-Week Range | $21.14 – $26.71 | | Beta | 0.49 | ## Latest Distribution - Amount: $0.5997 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-26 ## Frequently Asked Questions ### What does DBB invest in? The Invesco DB Base Metals Fund (DBB) endeavors to replicate the performance, whether upward or downward, of the DBIQ Optimum Yield Industrial Metals Index Excess Return (referred to as the Index). The Fund's total return is further augmented by interest income from its investments, predominantly U.S. Treasury securities and money market holdings, after deducting its operating expenses. This Fund offers investors an efficient and accessible avenue for gaining exposure to commodity futures. The underlying Index adheres to a defined set of rules and is composed of futures contracts on actively traded and widely used industrial metals: aluminum, zinc, and Grade A copper. It is important to note that direct investment in this specific Index is not possible. Both the Fund and its benchmark Index undergo adjustments and re-composition annually in November. However, given its speculative characteristics and the inherently volatile nature of the markets it operates within, this Fund may not be appropriate for every investor. The inherent instability of futures contracts means that significant fluctuations in their market values could result in considerable financial setbacks. For a complete overview of potential risks, prospective investors should refer to the "Risk and Other Information" section and the Fund's official Prospectus. Additionally, details regarding compliance notices for IRS Section 1446(f) concerning Publicly Traded Partnerships (PTPs) are accessible via our ETF tax center, and an FAQ for Form 1065 Schedule K-3, relevant to Invesco DB Funds (Securities Act of 1933), is also available. ### What is the expense ratio of DBB? Invesco DB Base Metals Fund (DBB) charges an expense ratio of 0.81%. This is the annual fee deducted from fund assets to cover management and operations. ### What is DBB's dividend yield? DBB's trailing-twelve-month yield is 2.39%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of DBB? Effective duration measures DBB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DBB's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of DBB? DBB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of DBB? Yield to maturity (YTM) is the total return you'd earn from DBB if every bond in the portfolio is held to maturity at the current price. DBB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does DBB pay a dividend? Yes, Invesco DB Base Metals Fund (DBB) distributes dividends to shareholders. The trailing-twelve-month yield is 2.39%. Full dividend history is on this page. ### How often does DBB pay dividends? Invesco DB Base Metals Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is DBB's next ex-dividend date? The most recently announced ex-dividend date for DBB was 2025-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will DBB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.81% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DBB charge its expense ratio? The expense ratio is deducted in tiny daily slices from DBB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DBB cost more than a fund like VOO? DBB's strategy (current expense ratio 0.81%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where DBB sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to DBB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DBB (0.81%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dbb - Distribution history: https://www.dividenddata.com/funds/dbb/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dbb/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dbb/expenses - Peer comparison: https://www.dividenddata.com/funds/dbb/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.