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Invesco DB Base Metals Fund

$25.30Last updated
-$0.26 (1.02%)Past day
Timezone

Invesco DB Base Metals Fund (AMEX: DBB) is an exchange-traded fund listed on NYSE Arca, trading at $25.30 (about ₹2,429 a unit) as of 30 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.81% and holds 7 securities. Indian residents can buy DBB through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$25.37
Previous close:$25.56
Volume:172.60K

Today's low

$25.26

Today's high

$25.50

52 week low

$20.52

52 week high

$26.71

DBB opened at $25.37, closed previously at $25.56, and has traded between $20.52 and $26.71 over the past 52 weeks.

About

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.

Issuer
Invesco
Exchange listed on
AMEX
Asset class
Alternatives
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2007
ISIN
US46140H7008

Key statistics

Expense ratio

0.81%

Assets (AUM)

$347.1M

Holdings

7

NAV

$25.43

Avg. volume

—

1-year price change

+23.17%

5-year price change

+20.94%

Price change excludes dividends.

Top 10 holdings

1. Invesco Government & Agency Portfolio
95.2%
2. LME Primary Aluminum Future 12/14/2026
29.0%
3. LME Copper Future 03/15/2027
26.4%
4. COMEX Copper Future 05/26/2027
24.6%
5. LME Nickel Future 09/13/2027
10.7%
6. LME Zinc Future 03/15/2027
9.4%
7. LME Lead Future 03/15/2027
3.9%
8. CASH COLLATERAL
3.3%
9. CASH & EQUIVALENTS
1.2%
10. USD Pending Dividends
0.3%

DBB holds 7 securities in total. These 10 are 204.1% of the fund.

Where the money is invested

Sectors

Financial Services
96.9%

Countries

United States
95.2%
Other
4.8%

How to buy DBB from India

Indian residents can buy DBB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  1. Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Search DBB and buy

    Find the fund by its ticker, DBB, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Read the full guide: how to invest in DBB from India

Trading and taxes when buying DBB from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

What is the DBB price today?

Invesco DB Base Metals Fund (DBB) last traded at $25.30 on NYSE Arca, as of 30 Sep 2026, 4:00 PM ET. That is ₹2,429 a unit at the 30 Sep 2026 USD/INR rate.

When does DBB trade, in Indian time?

NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

How big is DBB, and what does it cost to hold?

Invesco DB Base Metals Fund manages about $347.1M. Its expense ratio is 0.81% a year, deducted inside the fund. It launched in 2007.

What are DBB's largest holdings?

The top three are Invesco Government & Agency Portfolio (95.2%), LME Primary Aluminum Future 12/14/2026 (29.0%) and LME Copper Future 03/15/2027 (26.4%). DBB's 10 largest positions make up 204.1% of the fund.

Does DBB pay dividends?

Yes. DBB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.

How are gains on DBB taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

Can I buy fractional units of DBB?

Yes. You can buy DBB by amount rather than by whole unit, and there is no minimum trade size.

How has DBB performed?

DBB's price is up 23.2% over the past year and up 20.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.