Quarterly ResultMay 7, 2026, 06:10 AM
Invesco DB Agriculture Fund Q1 Net Income $55.65M; Assets Up 67.7%
AI Summary
Invesco DB Agriculture Fund reported a strong financial performance for the first quarter ended March 31, 2026, with net income reaching $55.65 million, a substantial turnaround from a net loss in the prior year period. The fund's total assets significantly increased to over $1.2 billion, driven by a positive shift in unrealized gains on commodity futures contracts and robust share transactions. Net asset value per share also saw a healthy rise during the quarter.
Key Highlights
- Net Income for Q1 2026 was $55,653,744, a significant improvement from a net loss of $11,250,436 in Q1 2025.
- Total assets increased to $1,217,547,269 as of March 31, 2026, up from $725,843,982 at December 31, 2025.
- Shareholders' equity rose to $1,216,957,097 as of March 31, 2026, from $722,802,601 at December 31, 2025.
- Net asset value per share increased to $27.26 at March 31, 2026, from $25.54 at December 31, 2025.
- Net change in unrealized gain on commodity futures contracts was $45,005,368 in Q1 2026, compared to a loss of $101,504,012 in Q1 2025.
- The Fund purchased 17,950,000 shares for $480,748,144 and redeemed 1,600,000 shares for $42,247,392 in Q1 2026.
- Total Income for Q1 2026 was $6,981,040, down from $8,575,923 in Q1 2025.