INVESCO DB BASE METALS FUND

Invesco DB Base Metals Fund is a series of the Invesco DB Multi-Sector Commodity Trust that operates as an exchange-traded fund. It seeks to track changes in the DBIQ Optimum Yield Industrial Metals Index Excess Return over time, alongside interest and dividend income from its collateral investments minus fund expenses. To pursue its investment objective, the fund invests in futures contracts linked to industrial commodities, specifically aluminum, zinc, lead, nickel, and copper. In addition to commodity futures, the entity holds cash management collateral, including United States Treasury obligations, money market mutual funds, and Treasury-bill exchange-traded funds. It issues common units of beneficial interest in blocks known as creation units primarily to eligible financial institutions designated as authorized participants.

The fund is organized as a statutory trust under Delaware law and is managed by Invesco Capital Management LLC. The managing owner serves as the fund's commodity pool operator and commodity trading advisor, maintaining its principal executive offices in Downers Grove, Illinois.

Summary of the business section of Invesco Db Base Metals Fund's latest annual report, written by StockData.