Invesco DB Precious Metals Fund

The Fund has no employees, officers or directors. The Managing Owner receives a monthly Management Fee of 1/12th of 0.75% per annum of the daily NAV of the Fund at the end of each month.

For the year ended December 31, 2024, the Fund incurred Management Fees of $1,184,098 of which $1,086,137 had been paid at December 31, 2024. Management Fees of $97,961 were unpaid at December 31, 2024 and are reported as a liability on the Statements of Financial Condition.

For the year ended December 31, 2024, the Fund incurred brokerage commissions of $5,468 of which $539 had been paid at December 31, 2024. Brokerage commissions of $4,929 were unpaid at December 31, 2024 and are reported as a liability on the Statements of Financial Condition.

For the year ended December 31, 2023, the Fund incurred Management Fees of $1,155,514 of which $1,067,340 had been paid at December 31, 2023. Management Fees of $88,174 were unpaid at December 31, 2023 and are reported as a liability on the Statements of Financial Condition.

For the year ended December 31, 2023, the Fund incurred brokerage commissions of $10,084 of which $5,082 had been paid at December 31, 2023. Brokerage commissions of $5,002 were unpaid at December 31, 2023 and are reported as a liability on the Statements of Financial Condition.

For the year ended December 31, 2022, the Fund incurred Management Fees of $791,919 of which $726,538 had been paid at December 31, 2022. Management Fees of $65,381 were unpaid at December 31, 2022 and are reported as a liability on the Statements of Financial Condition.

For the year ended December 31, 2022, the Fund incurred brokerage commissions of $31,778 of which $26,774 had been paid at December 31, 2022. Brokerage commissions of $5,004 were unpaid at December 31, 2022 and are reported as a liability on the Statements of Financial Condition.