UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: December 7, 2010

 

 

POWERSHARES DB COMMODITY INDEX TRACKING FUND

(Registrant)

DB COMMODITY INDEX TRACKING MASTER FUND

(Rule 140 Co-Registrant)

(Exact Name of each Registrant as Specified in its Charter)

 

 

 

PowerShares DB Commodity Index Tracking Fund – Delaware    32-6042243 (Fund)
DB Commodity Index Tracking Master Fund – Delaware    30-0317551 (Master Fund)

(State or Other Jurisdiction of

Incorporation or Organization)

  

(IRS Employer

ID Number(s))

c/o DB Commodity Services LLC

60 Wall Street

New York, New York

   10005
(Address of Principal Executive Offices)    (Zip Code)

001-32726

001-32727

(Commission File Number(s))

(212) 250-5883

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01. Other Events.

DB Commodity Services LLC, the managing owner (the “Managing Owner”) of PowerShares DB Commodity Index Tracking Fund (the “Fund”) and DB Commodity Index Tracking Master Fund (the “Master Fund”), has determined that distributions will not be made to the shareholders of the Fund for the calendar year ending December 31, 2010.

As disclosed in the Fund’s prospectus, the Fund makes distributions at the discretion of the Managing Owner. To the extent that the Master Fund’s actual and projected interest income from its holdings of United States Treasury securities and other high credit quality short-term fixed income securities exceeded the actual and projected fees and expenses of the Fund and the Master Fund, the Managing Owner has periodically made distributions of a substantial portion of the estimated amount of such excess. In the current interest rate environment, the Master Fund’s interest income has not exceeded the fees and expenses of the Fund and the Master Fund; therefore, the Managing Owner has determined not to make distributions for the calendar year ending December 31, 2010.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PowerShares DB Commodity Index Tracking Fund
By:   DB Commodity Services LLC,
  its Managing Owner
  By:  

/S/    HANS EPHRAIMSON        

  Name:   Hans Ephraimson
  Title:   Chief Executive Officer
  By:  

/S/    MICHAEL GILLIGAN        

  Name:   Michael Gilligan
  Title:   Principal Financial Officer
DB Commodity Index Tracking Master Fund
By:   DB Commodity Services LLC,
  its Managing Owner
  By:  

/S/    HANS EPHRAIMSON

  Name:   Hans Ephraimson
  Title:   Chief Executive Officer
  By:  

/S/    MICHAEL GILLIGAN        

  Name:   Michael Gilligan
  Title:   Principal Financial Officer

Date: December 7, 2010