Company: DBO
Filing Date: 2025-11-10
Form Type: 424B3
Source: 0001193125-25-273330
Chunk: 60

Company: Invesco DB Oil Fund
Filing Date: 2025-11-10
Form: 424B3
Chunk 60
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, but not limited to, volatility, concentration, percentage of open interest, and position size with respect to the Index Contracts. For purposes of calculating the approximate percentage of the Fund’s NAV that was posted as collateral, the Fund’s aggregate assets under management reflected the sum of the Fund’s holdings of Treasury Securities, money market mutual funds, T-Bill ETFs, cash and the value of the Index Contracts that have been marked to market as of May 31, 2025. With respect to the Fund trading futures contracts on United States exchanges, the assets deposited by the Fund with its Commodity Broker as margin must be segregated pursuant to the regulations of the CFTC. Such segregated funds may be invested only in a limited range of instruments, principally U.S. government obligations. Although the percentages set forth below may vary substantially over time, as of the date of this Prospectus, the Fund estimates: (i) up to approximately 24% of the NAV of the Fund will be placed in segregated accounts in the name of the Fund with the Commodity Broker (or another eligible financial institution, as applicable) to margin the Fund’s Index Contract positions. Those funds are segregated pursuant to CFTC rules; and (ii) up to approximately 76% of the NAV of the Fund is maintained in segregated accounts with the Custodian. The Managing Owner is responsible for overseeing the use of proceeds for margin purposes with the Commodity Broker and for the investment of proceeds held with the Custodian for cash management purposes. As of May 31, 2025, the Fund’s allocation to Treasury Securities, money market mutual funds and T-Bill ETFs for cash management purposes was as follows:

| Money Market Mutual Funds         | 64.78% |
| United States Treasury Securities | 0.00%  |
| T-Bill ETFs                       | 30.94% |

While the Fund’s performance will reflect the appreciation or depreciation of those holdings, the Fund’s performance – whether positive or negative – will be driven primarily by its strategy of trading Index Contracts with the aim of seeking to track the Index. The Fund receives 100% of its Treasury Income, Money Market Income and T-Bill ETF Income.

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Charges See “Breakeven Analysis” for breakeven related information. Management Fee The Fund pays the Managing Owner a Management Fee, monthly in arrears, in an amount equal to 0.75% per annum of the daily NAV of the Fund. The Management Fee is paid in consideration of