DBSInvesco DB Silver Fund
DBS Fund Description
DBS tracks an index of silver futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango.
DBS Factset Analytics Insight
DBS gets its access to silver in the form of futures contracts. The fund’s underlying index is designed to reduce the effects of contango by selecting futures contracts that, by its rule, have the highest implied roll yield. DBS' dynamic contract selection process expects the contract to experience the least amount of contango and, upon maturity, rolls its exposure to the new contract. Structured as a commodity pool, investors should expect a K-1 at tax time. The fund and the index are rebalanced and reconstituted annually in November.
DBS Summary Data
DBS Portfolio Data
DBS Index Data
DBS Portfolio Management
DBS Tax Exposures
DBS Fund Structure
DBS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DBS. DBS is rated a 5 out of 5.
DBS Sector Breakdown
DBS Top 10 Targeted Commodity Weights
DBS Tenor Strategy
DBS's optimized tenor selection uses a rules-based strategy for choosing contracts over the next 13 months that will give the best possible implied roll yield.
DBS Rolling Strategy
DBS rolls contracts between the 2nd and 6th business days each month.