Quarterly ResultMay 7, 2026, 06:10 AM
Invesco DB Precious Metals Fund Q1 Net Income $15.2M; NAV per Share $109.41
AI Summary
The Invesco DB Precious Metals Fund reported a net income of $15.2 million for the three months ended March 31, 2026, a decrease from $27.3 million in the prior-year period. This was primarily driven by a significant reduction in net change in unrealized gains on commodity futures contracts, despite an increase in net realized gains. The fund's net asset value per share rose to $109.41 as of March 31, 2026, up from $103.02 at December 31, 2025, with total shareholders' equity increasing to $278.99 million.
Key Highlights
- Net Income for Q1 2026 was $15.2 million, down from $27.3 million in Q1 2025.
- Net Asset Value (NAV) per share increased to $109.41 as of March 31, 2026, from $103.02 at year-end 2025.
- Total shareholders' equity grew to $278.99 million as of March 31, 2026, from $257.54 million.
- Net change in unrealized gain on commodity futures contracts decreased to $9.52 million from $25.67 million in Q1 2025.
- Net realized gain on commodity futures contracts increased to $3.68 million from $0.29 million in Q1 2025.
- Total assets increased to $279.17 million as of March 31, 2026, from $257.69 million.
- Management fees waived by the Managing Owner increased to $37,254 from $19,536 in Q1 2025.