PowerShares DB Oil Fund is a separate series of PowerShares DB Multi-Sector Commodity Trust. The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index) over time, plus the excess, if any, of the Fund's interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund. The Index is intended to reflect the change in market value of the crude oil sector. As of Dec 31 2013, the Fund's total assets were $312,360,942 and its total investment portfolio was $291,974,268. We show 1 historical shares outstanding datapoints in our coverage of DBO's shares outstanding history.
Understanding the changing numbers of DBO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DBO versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching DBO by allowing them to research DBO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
