Q2 2024
As of June 30, 2024

Invesco DB Commodity Index Tracking FundDBC
Fund description
The Invesco DB Commodity Index Tracking Fund (Fund)seeks to track changes, whether positive or negative, in thelevel of the DBIQ Optimum Yield Diversified Commodity
Index Excess Return (DBIQ Opt Yield DiversifiedCommodity Index ER or Index) over time plus the income
from the Fund's holdings of US Treasury securities, money
market funds and T-Bill ETFs, less the Fund's expenses.
The Fund is designed for investors who want a costeffective and convenient way to invest in commodity futures.
The Index is a rules-based index composed of futurescontracts on 14 of the most heavily traded and important
physical commodities in the world. The Fund and the Index
are rebalanced and reconstituted annually in November.
This Fund is not suitable for all investors due to thespeculative nature of an investment based upon the Fund'strading 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 futurescontracts could cause large losses. Please see InvestmentRisks, Important Information and the Prospectus for
additional risk disclosures.

ETF information
Fund name

Invesco DB Commodity Index Tracking
FundFund ticker
DBC
CUSIP
46138B103
Intraday NAV
DBCIIVManagement fee
0.85%
Total expense ratio
0.77%
Listing exchange
NYSE Arca
The Estimated Futures Brokerage Expenses are 0.03%.
Underlying index data
Index providerIndex
name

DWS Investment Management
Americas Inc.
DBIQ Optimum Yield Diversified Commodity
Index Excess Return

Fund inception: February 03, 2006
Shares are not individually redeemable. Shares may beacquired from the Fund and tendered for redemption to theFund in Creation and Redemption Units only, typicallyconsisting of 50,000 Shares.
Index history has certain inherent limitations and does notrepresent actual trading performance or returns of the Fund.
Index history does not represent trades that have actually
been executed and therefore may under or overcompensate for the impact, if any, of certain market factors,
such as illiquidity. No representation is being made that theFund will or is likely to achieve profits or losses similar to theIndex history.

Growth of $10,000

 Invesco DB Commodity Index Tracking Fund: $9,520
 DBIQ Optimum Yield Diversified Commodity Index Excess Return: $9,069
 DBIQ Optimum Yield Diversified Commodity Index Total Return: $10,601
 S&P GSCI Index (USD): $7,281
$15K

$10K

$5K

$0K
06/14

12/15

05/17

10/18

03/20

08/21

01/23

06/24

Data beginning 10 years prior to the ending date of June 30, 2024. Fund performance shown at NAV.
Performance as at June 30, 2024
Performance (%)
YTD
ETF - NAV
5.44
ETF - Market Price
5.39
Underlying index
3.21
Benchmark1
6.00
Benchmark2
11.08Calendar year performance (%)
ETF - NAV
Underlying index
Benchmark1
Benchmark2

2023
-6.18
-10.07
-5.33
-4.27

1Y
7.33
7.33
2.70
8.34
15.01
2022
19.69
18.80
21.23
25.99

2021
41.34
42.53
42.60
40.35

3Y
8.46
8.42
6.06
9.61
12.69
2020
-8.03
-7.87
-7.53
-23.72

2019
12.16
10.60
12.94
17.63

5Y
9.59
9.66
8.14
10.58
8.28
2018
-12.02-12.91-11.18-13.82

2017
5.05
5.17
6.16
5.77

10Y Fund inception
-0.49
0.61
-0.50
0.52
-0.97
0.09
0.59
1.62
-3.12
-3.16
2016
18.5819.15
19.53
11.37

2015
-27.45-26.72-26.68-32.862014-28.18-26.45-26.43-33.06

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 behigher or lower than performance data quoted. Returns less than one year are cumulative. Call 800-983-0903 for the most recent
month-end performance. An investor cannot invest directly in an index. The Fund's performance from inception up to and including
February 23, 2015, reflects performance associated with the predecessor managing owner. Performance on and after February 23,
2015, reflects performance associated with the current managing owner, Invesco Capital Management LLC. 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 weretraded at other times.

Not a Deposit Not FDIC Insured Not Guaranteed by the Bank May Lose Value Not Insured by any Federal Government Agency
From 2/3/06 (the Fund’s exchange listing date) to 5/24/06, the Fund sought to track the non- Optimum Yield version of theDeutsche Bank Liquid Commodity IndexTM Excess Return. From 5/24/06, to 10/16/09, the Fund sought to track the Optimum Yield
version of the Deutsche Bank Liquid Commodity IndexTM Excess Return. As of 10/19/09, the Fund commenced tracking theDeutsche Bank Liquid Commodity Index–Optimum Yield Diversified Excess Return™ (the “Interim Index”). Effective 1/1/11, theFund commenced tracking the Index (Symbol: DBLCIX). The Index is identical to the Interim Index except with respect to the nameof Index. The inception date of January 2007 remains identical. Except as provided in the immediately preceding sentence, all priorunderlying formulae, data (e.g., closing levels, measure of volatility, all other numerical statistics and measures) and all othercharacteristics (e.g., Base Date, Index Sponsor, inception date, rolling, etc.) with respect to the Index are identical to the InterimIndex.
Because the Fund collateralizes its futures positions primarily with US Treasuries, money market funds and T- Bill ETFs, theresults of DBIQ Optimum Yield Diversified Commodity Index Total ReturnTM (DBIQ Optimum Yield Diversified Commodity IndexTR) (Symbol: DBLCDBCT) are also displayed. With reference to the total return version Index history, it followed the same Indexhistory as the excess return version except from Jan. 1, 2011, forward, where the performance shown is of the DBIQ Optimum
Yield Diversified Commodity Index TR. Please see invesco.com for indicative intra-day NAV and last end-of-day NAV.
The Index results from each discrete time period reflect the closing levels of each applicable index that the Fund tracked during thecorresponding time period.
1DBIQ Optimum Yield Diversified Commodity Index TR
2The S&P GSCI Commodity Index is an unmanaged index used as a measurement of change in commodity market conditions
based on the performance of a basket of commodities. S&P GSCI Commodity Index Total Return is a trademark of Standard &Poors, a Division of The McGraw-Hill Companies, Inc.

Top ETF holdings (%)
WeightFutures
Gasoline
Brent CrudeWTI Crude
NY Harbor ULSDGoldWheat
CopperSoybeans
ZincCorn
Aluminium
Sugar
Natural Gas
SilverCollateral
Invesco Government & AgencyUNITED STATES TREASURY BILL B 11/29/24
Invesco Short Term Treasury ETF
UNITED STATES TREASURY BILL B 12/05/24

13.42
13.14
13.05
12.32
9.32
4.94
4.90
4.85
4.72
4.54
4.53
4.51
3.26
2.52
48.02
33.91
12.42
5.65

Please see the website for complete holdings information.
Holdings are subject to change.
How the Fund Invests and Potential Advantages The
Fund invests in liquid futures contracts trading on regulated
exchanges and has the following potential advantages:
Enhanced commodity index: The Fund follows the Index
which utilizes an Optimum YieldTM methodology designed toprovide a more sophisticated strategy for investing incommodities than that provided by conventional commodityindexes.
Cost savings: The Fund does not incur either the cost ofstoring a physical commodity or the cost of entering into acommodity-linked note with a dealer, a cost that is usuallymuch higher than entering into an exchange-traded futurescontract.

Investment risks
Commodities and futures generally are volatile and are not suitable for all investors.
The value of the Shares of the Fund relates directly to the value of the futures contracts and other assets held by theFund and any fluctuation in the value of its portfolio could adversely affect an investment in the Fund's Shares.
The Fund may experience significant losses as a result of global economic shocks. Specifically, oil experienced shocks
to supply and demand, impacting the price and volatility of oil may have an adverse effect on the Fund.
The Fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investmentin 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.
Please review the prospectus for breakeven figures for the Fund.
This Fund issues a Schedule K-1.
Important information
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 Diversified Commodity Index Excess ReturnTM, DBIQ Optimum Yield Diversified Commodity Index Total
ReturnTM, Deutsche Bank Liquid Commodity IndexTM and Deutsche Bank Liquid Commodity Index–Optimum Yield Diversified
Excess ReturnTM (the "Indices") are products of Deutsche Bank AG and/or its affiliates. Information regarding these Indices isreprinted with permission. ©Copyright 2020. All rights reserved. Deutsche Bank® DBTM, DBIQ® Optimum YieldTM, DBIQ Optimum
Yield Diversified Commodity Index Excess ReturnTM, DBIQ Optimum Yield Diversified Commodity Index Total ReturnTM, Deutsche
Bank Liquid Commodity IndexTM and Deutsche Bank Liquid Commodity Index–Optimum Yield Diversified Excess ReturnTM aretrademarks of Deutsche Bank AG. The Indices and trademarks have been licensed for use for certain purposes by Invesco CapitalManagement LLC, an affiliate of Invesco Distributors, Inc. The Fund is not sponsored, endorsed, sold or promoted by DB Parties ortheir third party licensors and none of such parties makes any representation, express or implied, regarding the advisability ofinvesting in the Fund, nor do such parties have any liability for errors, omissions, or interruptions in the Indices. As the Index
Provider, Deutsche Bank AG is licensing certain trademarks, the underlying Index and trade names which are composed byDeutsche Bank AG without regard to Index, this product or any investor.
Invesco Capital Management LLC, investment adviser and Invesco Distributors, Inc., ETF distributor are indirect, wholly owned
subsidiaries of Invesco Ltd.
Invesco Capital Management LLC and Invesco Distributors, Inc. are not affiliated with Deutsche Bank Securities, Inc.
The Fund has filed a registration statement (including a prospectus) with the SEC for the offering to which thiscommunication relates. Before you invest, you should read the prospectus in that registration statement and otherdocuments the Fund has filed with the SEC for more complete information about the issuer and this offering. You may getthese documents for free by visiting EDGAR on the SEC website at sec.gov.

Interest earned: The Fund collateralizes its futurescontracts primarily with US Treasury securities, money
market funds and T-Bill ETFs and earns interest on thesesecurities. Interest income can enhance returns.

Alternatively, you may visit the Fund's web site at invesco.com or the Fund will arrange to send you the prospectus if you
request it by calling toll free 800 983 0903.

Transparency and liquidity: The Fund invests in liquid
futures contracts at publicly available prices determined bytrading on regulated futures exchanges. We believe that thisallows the Fund to gain a more direct and cost-effective
exposure to commodities than if the Fund either bought
commodity-linked notes, which are not publicly priced, orless liquid futures contracts.

Note: Not all products available through all firms or in all jurisdictions.

Invesco Distributors, Inc.
Invesco.com 7/24P-DBC-PC-1

This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult
a financial professional before making any investment decisions.
Glossary
Intraday NAV is a symbol representing estimated fair value based on the most recent intraday price of underlying assets.