Company: DBE
Filing Date: 2025-08-26
Form Type: 424B3
Source: 0001193125-25-188734
Chunk: 54

Company: Invesco DB Energy Fund
Filing Date: 2025-08-26
Form: 424B3
Chunk 54
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down” as used in this section of the Prospectus means losses experienced by the Fund over the specified period and is calculated on a rate of return basis, i.e., dividing net performance by beginning equity. “Drawdown” is measured on the basis of monthly returns only, and does not reflect intra-month figures. “Month” is the month of the Worst Monthly Drawdown. 4. “Worst Peak-to-Valley Drawdown” is the largest percentage decline in the NAV per Share during the most recent five calendar years (and to the extent applicable, for a period beyond the most recent five calendar years if the starting date of the peak value extends beyond this period). This need not be a continuous decline, but can be a series of positive and negative returns where the negative returns are larger than the positive returns. “Worst Peak-to-Valley Drawdown” represents the greatest percentage decline from any month-end NAV per Share that occurs without such month-end NAV per Share being equaled or exceeded as of a subsequent month-end. For example, if the NAV per Share of the Fund declined by $1 in each of January and February, increased by $1 in March and declined again by $2 in April, a “peak-to-valley drawdown” analysis conducted as of the end of April would consider that “drawdown” to be still continuing and to be $3 in amount, whereas if the NAV per Share had increased by $2 in March, the January-February drawdown would have ended as of the end of February at the $2 level. 5. “Compound Rate of Return” of the Fund is calculated by multiplying on a compound basis each of the monthly rates of return set forth in the chart above and not by adding or averaging such monthly rates of return. For periods of less than one year, the results are year-to-date. 6. Returns shown are for previous full calendar years. 7. DBIQ Optimum Yield Energy Index Total Return™ (“Index TR”). Index TR reflects the change in the market value of the same underlying commodities included in the Fund’s Index. The Index TR and the Index reflect those changes on an optimum yield basis. Index TR is calculated on a funded (total return) basis, which reflects the change in market value of the underlying Index Commodities and interest income from a notional basket of fixed income securities. Index TR is included so that investors can evaluate an index with both futures and income components, as the Fund tracks the Index and expects to generate income from