PowerShares ETFs

DBO - PowerShares DB Oil Fund

Alternative - Commodities

Product Details

The PowerShares DB Oil Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return™ (DBIQ Opt Yield Crude Oil Index ER) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil (WTI). You cannot invest directly in the Index.

This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund's trading which takes place in very volatile markets. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying futures contracts could cause large losses. Please see "Risk and Other Information" and the Prospectus for additional risk disclosures.

as of 08/31/2016 06/30/2016

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
DBIQ Opt Yield Crude Oil Index ER 1.11 -37.19 -28.10 -19.44 -10.81 -8.94
DBIQ Opt Yield Crude Oil Index TR 1.25 -37.08 -28.04 -19.38 -10.00 -8.32
S&P GSCI Crude Oil Index 6.13 -41.26 -29.94 -20.41 -16.65 -14.16
DBIQ Opt Yield Crude Oil Index ER -6.86 -32.90 -31.69 -19.25 -11.34 -9.56
DBIQ Opt Yield Crude Oil Index TR -6.69 -32.75 -31.62 -19.19 -10.61 -8.95
S&P GSCI Crude Oil Index -5.02 -34.89 -35.10 -20.89 -16.92 -14.92
Fund History (%)
Fund NAV 0.99 -37.52 -29.34 -20.53 N/A -9.34
Fund Market Price 0.88 -37.22 -29.30 -20.46 N/A -9.35
Fund NAV -7.06 -33.20 -32.91 -20.32 N/A -9.97
Fund Market Price -7.05 -31.99 -32.84 -20.32 N/A -9.96

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. Returns less than one year are cumulative. Call 800-983-0903 for the most recent month-end performance numbers. An investor cannot invest directly in an index. The Fund's performance information from inception up to and including February 23, 2015 is a reflection of the performance associated with DB Commodity Services LLC, which served as the Predecessor Managing Owner. All the performance information on and after February 23, 2015 reflects the performance associated with the Managing Owner, Invesco PowerShares Capital Management LLC.

Index history has certain inherent limitations and does not represent actual trading performance or returns of the Fund. Index history does not represent trades that have actually been executed and therefore may under or over compensate for the impact, if any, of certain market factors, such as illiquidity. No representation is being made that the Fund will or is likely to achieve profits or losses similar to the Index history.

The Fund's exchange listing date: Jan. 5, 2007. Unless otherwise noted, historical information of all displayed indexes is based on this date.

The Fund seeks to track the excess return version of the Index (DBCMOCLE). Because the Fund collateralizes its futures positions with primarily US Treasuries, the results of the total return (DBIQ Optimum Yield Crude Oil Index Total Return™ or DBIQ Opt Yield Crude Oil Index TR) version of the Index (DBCMOCLT) are also displayed. Please refer to Intraday Stats at the top of this page for Indicative intra-day NAV, and last end-of-day NAV.


as of 06/30/2016

Growth of $10,000

Data beginning Fund inception and ending 06/30/2016. Fund performance shown at NAV.

Performance data quoted represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Call 800-983-0903 for the most recent month-end performance numbers. Investment returns and principal value will fluctuate and shares of the Fund, when redeemed, may be worth more or less than their original cost. Returns less than one year are cumulative. An investor cannot invest directly in an index.

The Fund seeks to track the excess return version of the Index (DBCMOCLE). Because the Fund collateralizes its futures positions with primarily US Treasuries, the results of the total return version of the Index (DBCMOCLT) are also displayed.

as of 09/28/2016 Holdings | View All

Fund Holdings subject to change

Common Name % of Net Assets
WTI Crude 100.01
Collateral % of Net Assets
United States Treasury Bill 91.41
Mark to Market Gain or Loss 4.69
Premier Portfolio 3.95

A negative in Cash or Other, as of the date shown, is normally due to fund activity that has accrued or is pending settlement.

Distributions will not be made to the shareholders of the Fund for the calendar year ending Jan. 15, 2014. Details

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/15/2008 12/17/2008 12/31/2008 0.12000 0.00000 - - 0.12000
12/17/2007 12/19/2007 12/28/2007 1.28000 0.00000 - - 1.28000

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2016 64 12 7 2 0 0 0
03/31/2016 61 14 9 6 3 2 2
12/31/2015 64 16 16 5 1 0 0
09/30/2015 64 15 11 4 2 0 0
Year Ended 2015 252 51 33 21 4 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
06/30/2016 64 22 13 5 3 0 0
03/31/2016 61 5 11 6 2 1 0
12/31/2015 64 15 6 5 0 0 0
09/30/2015 64 14 6 10 1 0 1
Year Ended 2015 252 67 37 34 3 1 1

Fund Inception: 01/05/2007

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

Commodities and futures generally are volatile and are not suitable for all investors.

Because the Fund focuses on a single sector, it may experience greater volatility.

The value of the Shares of the Fund relate directly to the value of the futures contracts and other assets held by the Fund and any fluctuation in the value of these assets could adversely affect an investment in the Fund's Shares.

Please review the prospectus for break-even figures for the Fund.

The Fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the Fund.

The Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

Shares in the Fund are not FDIC insured may lose value and have no bank guarantee.

This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing.

The Shares of the Fund are not deposits, interests in or obligations of any Deutsche Bank AG, Deutsche Bank AG London Branch, Deutsche Bank Securities Inc. or any of their respective subsidiaries or affiliates or any other bank (collectively, the "DB Parties") and are not guaranteed by the DB Parties.

DBIQ Optimum Yield Crude Oil Index Excess Return™ and DBIQ Optimum Yield Crude Oil Index Total Return™ (the "Indices") are products of Deutsche Bank AG and/or its affiliates. Information regarding these Indices is reprinted with permission. Deutsche Bank® DB™, DBIQ® Optimum Yield™, DBIQ Optimum Yield Crude Oil Index Excess Return™ and DBIQ Optimum Yield Crude Oil Index Total Return™ are trademarks of Deutsche Bank AG. The Indices and trademarks have been licensed for use for certain purposes by Invesco PowerShares Capital Management LLC, an affiliate of Invesco Distributors, Inc. The Fund is not sponsored, endorsed, sold or promoted by DB Parties or their third party licensors and none of such parties makes any representation, express or implied, regarding the advisability of investing in the Fund, nor do such parties have any liability for errors, omissions, or interruptions in the Indices. The Indices are calculated and administered by DB Parties without regards to the Fund.

Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are not affiliated with Deutsche Bank Securities Inc.

The S&P GSCI Crude Oil Index — Total Return™ (S&P GSCI Crude Oil) is an unmanaged index used as a measurement of change in oil market conditions based on the performance of a basket of crude oil futures. S&P GSCI Crude Oil Index — Total Return™ is a trademark of Standard & Poor's, a Division of The McGraw-Hill Companies, Inc.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 09/29/2016
2:11 PM EST

DBO
Intraday Stats

  • Last Trade $8.84
  • Current IIV $8.84
  • Change $0.18
  • % Change 2.08%
as of 09/28/2016
  • NAV at market close $8.72
as of 09/28/2016

Prior Close

  • Closing Price $8.66
  • Bid/Ask Midpoint $8.66
  • Bid/Ask Prem/Disc -$0.06
  • Bid/Ask Prem/Disc -0.69%

Fund Details

  • Fund Ticker DBO
  • CUSIP # 73936B507
  • ISIN US73936B5075
  • Intraday NAV DBOIV
  • Index Ticker DBCMOCLE
  • Index Provider Deutsche Bank AG London
  • Management Fee 0.75%
  • Est. Futures Brokerage Fee 0.03%
  • Total Expense Ratio 0.78%
  • Marginable Yes
  • Short Selling Yes
  • Options Yes
  • Exchange NYSE Arca
  • Inception Date 01/05/2007
as of 09/29/2016

Quick Facts

  • Previous Close $8.66
  • Open $8.76
  • Today's High $8.94
  • Today's Low $8.73
  • Today's Volume 193,688
  • 454,227 30-Day Avg Trading
    Volume
  • 52 Week High $12.45
  • 52 Week Low $6.55
  • Shares Outstanding 50.40MM
  • Market Value $439.7MM