Company: DBO
Filing Date: 2025-08-26
Form Type: 424B3
Source: 0001193125-25-188736
Chunk: 0

Company: Invesco DB Oil Fund
Filing Date: 2025-08-26
Form: 424B3
Chunk 0
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Filed Pursuant to Rule 424(b)(3)
Registration Nos. 333-280609
333-280609-01

Prospectus August 26, 2025

| Invesco DB Multi-Sector Commodity Trust |

| DBO | Invesco DB Oil Fund |

Invesco DB Multi-Sector Commodity Trust (the “Trust”) is organized in five separate series as a Delaware statutory trust. The Invesco DB Oil Fund (the “Fund”) is a series of the Trust and is offered pursuant to this Prospectus. The Fund issues common units of beneficial interest (“Shares”), which represent units of fractional undivided beneficial interest in and ownership of the Fund. Shares may be purchased from the Fund only by certain eligible financial institutions (“Authorized Participants”) and only in one or more blocks of 50,000 Shares (“Creation Units”). The Fund issues Shares in Creation Units on a continuous basis at the applicable net asset value (“NAV”) per Share as of the closing time of the NYSE Arca, Inc. (“NYSE Arca”) or the last to close of the exchanges on which the Fund’s futures contracts are traded, whichever is later, on the creation order date. The Shares trade on the NYSE Arca under the symbol “DBO.” Invesco Capital Management LLC serves as the Fund’s managing owner (the “Managing Owner”), commodity pool operator and commodity trading advisor. The Fund trades exchange-traded futures contracts on Light, Sweet Crude Oil (WTI) (the "Index Commodity"), which is the single commodity that comprises the DBIQ Optimum Yield Crude Oil Index Excess Return TM (the “Index”), which is intended to reflect the changes in market value of crude oil. The Fund seeks to track the Index over time. The Fund also earns interest income (“Treasury Income”) from United States Treasury securities (“Treasury Securities”) and dividend income from its holdings in money market mutual funds (affiliated or otherwise) (“Money Market Income”). The Fund also gains exposure to Treasury Securities through an investment in exchange-traded funds (affiliated or otherwise) (“ETFs”) that track indexes that measure the performance of U.S. Treasury obligations with a maximum remaining maturity of up to twelve months (“T-Bill ETFs”), and the Fund may receive dividends or distributions of capital gains from those investments (“T-Bill ETF Income”). While the Fund’s performance will reflect the appreciation or depreciation of its investments in Treasury Securities, money market mutual funds and T-Bill ETF