$DBC

2018 Q4 Form 10-K Financial Statement

#000156459020007544 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2017 2016 Q4
Revenue $16.64M
YoY Change 158.01%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit -$1.457M
YoY Change -89.26%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $71.19M
YoY Change -80.55%
Net Earnings / Revenue 427.89%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.010B $2.559B
YoY Change 27.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $77.22M $1.778M
YoY Change 4766.25% -92.59%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.933B $2.557B
YoY Change
Total Liabilities & Shareholders Equity $2.010B $2.559B
YoY Change -11.23% 27.25%

Cashflow Statement

Concept 2018 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income $71.19M
YoY Change -80.55%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $427.1M
YoY Change -246.59%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $426.2M
YoY Change -308.63%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -426.2M
YoY Change -308.63%
NET CHANGE
Cash From Operating Activities 427.1M
Cash From Investing Activities
Cash From Financing Activities -426.2M
Net Change In Cash 924.4K
YoY Change -101.06%
FREE CASH FLOW
Cash From Operating Activities $427.1M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019 dei City Area Code
CityAreaCode
800
CY2019 dei Document Annual Report
DocumentAnnualReport
true
CY2019 dei Document Transition Report
DocumentTransitionReport
false
CY2019 dei Entity File Number
EntityFileNumber
001-32726
CY2019 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2019 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
32-6042243
CY2019 dei Entity Address Address Line1
EntityAddressAddressLine1
c/o Invesco Capital Management LLC
CY2019 dei Entity Address Address Line2
EntityAddressAddressLine2
3500 Lacey Road
CY2019 dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 700
CY2019 dei Entity Address City Or Town
EntityAddressCityOrTown
Downers Grove
CY2019 dei Entity Address State Or Province
EntityAddressStateOrProvince
IL
CY2019 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
60515
CY2019 dei Local Phone Number
LocalPhoneNumber
983-0903
CY2019 dei Security12b Title
Security12bTitle
Common Units of Beneficial Interest
CY2019 dei Security Exchange Name
SecurityExchangeName
NYSEArca
CY2019 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2019Q4 dbc Investment Owned Unrecognized Unrealized Appreciation Reclassed
InvestmentOwnedUnrecognizedUnrealizedAppreciationReclassed
7078689
CY2018Q4 us-gaap Assets
Assets
2009795566
CY2018Q4 dbc Payable To Clearing Organizations
PayableToClearingOrganizations
3520610
CY2018Q4 us-gaap Dividends Receivable
DividendsReceivable
267646
CY2019Q4 us-gaap Assets
Assets
1440171453
CY2019 us-gaap Net Income Loss
NetIncomeLoss
205956914
CY2019Q4 dbc Payable To Clearing Organizations
PayableToClearingOrganizations
8060074
CY2019Q4 us-gaap Trading Liabilities
TradingLiabilities
2496880
CY2019Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
664863392
CY2019Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
InvestmentsInAndAdvancesToAffiliatesAtFairValue
767882587
CY2018Q4 us-gaap Other Receivables
OtherReceivables
17077
CY2018Q4 us-gaap Trading Liabilities
TradingLiabilities
26258506
CY2018Q4 dbc Investment Owned Unrecognized Unrealized Depreciation Reclassed
InvestmentOwnedUnrecognizedUnrealizedDepreciationReclassed
27076875
CY2018Q4 dbc Payable Due To Custodian
PayableDueToCustodian
18960283
CY2019Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1432111774
CY2019Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
1.0029
CY2019Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1432745979
CY2018Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
2009415674
CY2018Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
1.0398
CY2018Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
2009510843
CY2019 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-108348865
CY2018 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
43580448
CY2019 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
301796
CY2018 dbc Unrealized Gain Loss On Affiliated Investments
UnrealizedGainLossOnAffiliatedInvestments
403308
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1932576856
CY2019 dbc Realized Gain Loss On Affiliated Investments
RealizedGainLossOnAffiliatedInvestments
35871
CY2019 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
292033605
CY2018 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-359019312
CY2019 us-gaap Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency
InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency
183684740
CY2018 us-gaap Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency
InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency
-315438864
CY2019 us-gaap Net Income Loss
NetIncomeLoss
205956914
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1932576856
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
120198453
CY2019 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
807331962
CY2019 dbc Stockholders Equity Period Increase Decrease Due To Share Transactions
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
-687133509
CY2019 us-gaap Partners Capital Account Return Of Capital
PartnersCapitalAccountReturnOfCapital
22743178
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
22272174
CY2019 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
-108348865
CY2019 us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
292033605
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1428657083
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2262359193
CY2018 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1227698642
CY2018 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
1242508857
CY2018 dbc Stockholders Equity Period Increase Decrease Due To Share Transactions
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
-14810215
CY2018 us-gaap Partners Capital Account Return Of Capital
PartnersCapitalAccountReturnOfCapital
24584320
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
25051062
CY2018 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
43580448
CY2018 us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
-359019312
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-290387802
CY2018 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
-329782337
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2557464539
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
701045632
CY2017 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
1067336515
CY2017 dbc Stockholders Equity Period Increase Decrease Due To Share Transactions
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
-366290883
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-1457317
CY2017 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
58294421
CY2017 us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
14348433
CY2017 us-gaap Net Income Loss
NetIncomeLoss
71185537
CY2017 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
-295105346
CY2019 us-gaap Net Income Loss
NetIncomeLoss
205956914
CY2019 us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
3654657512
CY2018 us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
6473560355
CY2019 us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
4633155039
CY2018 us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
6739557713
CY2019 dbc Cost Of Affiliated Investments Purchased
CostOfAffiliatedInvestmentsPurchased
3634032756
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2262359193
CY2018 us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.0088
CY2017 us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.0086
CY2018 dbc Cost Of Affiliated Investments Purchased
CostOfAffiliatedInvestmentsPurchased
3916848412
CY2019 dbc Proceeds From Affiliated Investments Sold
ProceedsFromAffiliatedInvestmentsSold
3261472332
CY2018 dbc Proceeds From Affiliated Investments Sold
ProceedsFromAffiliatedInvestmentsSold
3839913024
CY2019 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
54902
CY2018 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-44353
CY2017 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-44293
CY2019 dbc Unrealized Gain Loss On Marketable Securities Affiliated Investments And Derivatives And Commodity Contracts
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
34694600
CY2018 dbc Unrealized Gain Loss On Marketable Securities Affiliated Investments And Derivatives And Commodity Contracts
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
-54104708
CY2017 dbc Unrealized Gain Loss On Marketable Securities Affiliated Investments And Derivatives And Commodity Contracts
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
10588043
CY2019 us-gaap Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
79139
CY2018 us-gaap Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
174130
CY2019 dbc Increase Decrease In Variation Margin
IncreaseDecreaseInVariationMargin
-4539464
CY2018 dbc Increase Decrease In Variation Margin
IncreaseDecreaseInVariationMargin
-14515805
CY2019 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
-23761626
CY2018 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
29026856
CY2019 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-448209
CY2018 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-181646
CY2019 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
3189
CY2018 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
-2741
CY2019 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-17077
CY2018 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
17077
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
728836970
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-45390738
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
22743178
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
24584320
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
120198453
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1287584068
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
807331962
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1242508857
CY2019 dbc Increase Decrease In Payable For Amount Due To Custodian
IncreaseDecreaseInPayableForAmountDueToCustodian
18960283
CY2018 dbc Increase Decrease In Payable For Amount Due To Custodian
IncreaseDecreaseInPayableForAmountDueToCustodian
-18960283
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-728836970
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
39451174
CY2018 us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-5939564
CY2017 us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
924407
CY2017Q4 us-gaap Cash
Cash
5939564
CY2016Q4 us-gaap Cash
Cash
5015157
CY2019 us-gaap Interest Paid Net
InterestPaidNet
312961
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">B.  Accounting Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues </p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">and expenses during the reporting period. Actual results could differ from those estimates by a significant amount. In addition, the Fund monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are issued.</span></p>
CY2019 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
1.75
CY2019 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2019-12-31
CY2019 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2019-12-24
CY2019Q4 us-gaap Partners Capital Distribution Amount Per Share
PartnersCapitalDistributionAmountPerShare
0.25383
CY2019 dbc Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0089
CY2018 dbc Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0090
CY2018Q4 us-gaap Trading Liabilities
TradingLiabilities
26258506
CY2019 dbc Management Fee Per Annum Of Daily Net Assets
ManagementFeePerAnnumOfDailyNetAssets
0.0085
CY2018Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
14.44
CY2019 us-gaap Due To And From Broker Dealers And Clearing Organizations Disclosure
DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 5 - Deposits with Commodity Broker and Custodian</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Fund defines cash as cash held by the Custodian. There were no cash equivalents held by the Fund as of December 31, 2019 and 2018.</p> <p style="margin-top:4pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Fund may deposit cash, United States Treasury Obligations, T-Bill ETFs and money market mutual funds with the Commodity Broker as margin, to the extent permissible under CFTC rules. The combination of the Fund’s deposits with its Commodity Broker of cash and United States Treasury Obligations and the unrealized profit or loss on open futures contracts represents the Fund’s overall equity in its broker trading account. To meet the Fund’s maintenance margin requirements, the Fund holds United States Treasury Obligations with the Commodity Broker. The Fund transfers cash to the Commodity Broker to satisfy variation margin requirements. The Fund earns interest on any excess cash deposited with the Commodity Broker and incurs interest expense on any deficit balance with the Commodity Broker.</p> <p style="margin-top:4pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The brokerage agreement with the Commodity Broker provides for the net settlement of all financial instruments covered by the agreement in the event of default or termination of any one contract. The Managing Owner will utilize any excess cash held at the Commodity Broker to offset any realized losses incurred in the commodity futures contracts, if available. To the extent that any excess cash held at the Commodity Broker is not adequate to cover any realized losses, a portion of the United States Treasury Obligations and T-Bill ETFs, if any, on deposit with the Commodity Broker will be sold to make additional cash available. For financial reporting purposes, the Fund offsets financial assets and financial liabilities that are subject to legally enforceable netting arrangements. </p> <p style="margin-top:4pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Fund’s remaining cash, United States Treasury Obligations, T-Bill ETFs and money market mutual fund holdings are on deposit with the Custodian. The Fund is permitted to temporarily carry a negative or overdrawn balance in its account with the Custodian. The Fund incurs interest expense on any overdraft balance with the Custodian. Such balances, if any at period-end, are shown on the Statements of Financial Condition under the payable caption <span style="font-style:italic;">Due to custodian</span>.</p>
CY2017Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.63
CY2016Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
15.83
CY2019 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
1.54
CY2018 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-2.16
CY2017 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.81
CY2019 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.21
CY2018 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.16
CY2017 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.01
CY2019 dbc Minimum Number Of Creation Units Of Shares That Can Be Purchased
MinimumNumberOfCreationUnitsOfSharesThatCanBePurchased
1
CY2019 dbc Number Of Shares Issued Per Creation Unit
NumberOfSharesIssuedPerCreationUnit
200000
CY2019 dbc Minimum Number Of Creation Units Of Shares That Can Be Redeemed
MinimumNumberOfCreationUnitsOfSharesThatCanBeRedeemed
1
CY2019 dbc Number Of Shares Issued Per Creation Unit
NumberOfSharesIssuedPerCreationUnit
200000
CY2018 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
-2.00
CY2017 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
0.80
CY2019 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
-0.25
CY2018 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
-0.19
CY2019Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
15.94
CY2018Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
14.44
CY2017Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.63
CY2018Q4 dbc Market Value Per Share
MarketValuePerShare
14.51
CY2017Q4 dbc Market Value Per Share
MarketValuePerShare
16.62
CY2016Q4 dbc Market Value Per Share
MarketValuePerShare
15.84
CY2019Q4 dbc Market Value Per Share
MarketValuePerShare
15.96
CY2018Q4 dbc Market Value Per Share
MarketValuePerShare
14.51
CY2017Q4 dbc Market Value Per Share
MarketValuePerShare
16.62
CY2019 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.0138
CY2018 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.0095
CY2017 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0007
CY2019 us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.0087
CY2017 dbc Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0088
CY2019 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.1216
CY2018 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.1202
CY2017 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.0505
CY2019 dbc Return At Market Value
ReturnAtMarketValue
0.1175
CY2018 dbc Return At Market Value
ReturnAtMarketValue
-0.1155
CY2017 dbc Return At Market Value
ReturnAtMarketValue
0.0492

Files In Submission

Name View Source Status
0001564590-20-007544-index-headers.html Edgar Link pending
0001564590-20-007544-index.html Edgar Link pending
0001564590-20-007544.txt Edgar Link pending
0001564590-20-007544-xbrl.zip Edgar Link pending
dbc-10k_20191231.htm Edgar Link pending
dbc-10k_20191231_htm.xml Edgar Link completed
dbc-20191231.xsd Edgar Link pending
dbc-20191231_cal.xml Edgar Link unprocessable
dbc-20191231_def.xml Edgar Link unprocessable
dbc-20191231_lab.xml Edgar Link unprocessable
dbc-20191231_pre.xml Edgar Link unprocessable
dbc-ex231_462.htm Edgar Link pending
dbc-ex311_8.htm Edgar Link pending
dbc-ex312_6.htm Edgar Link pending
dbc-ex321_7.htm Edgar Link pending
dbc-ex322_9.htm Edgar Link pending
dbc-ex43_315.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gk1rxtxnosg3000001.jpg Edgar Link pending
gk1rxtxnosg3000002.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending