Filed Pursuant to Rule 424(b)(3)
Registration No. 333-257261
PROSPECTUS SUPPLEMENT NO. 1
(to
Prospectus dated August 25, 2022)
INVESCO DB G10 CURRENCY HARVEST FUND
This Prospectus Supplement No. 1 supplements and amends the Prospectus dated August 25, 2022 (the Prospectus). This Supplement
No. 1 is being filed to reflect a determination by Invesco Capital Management LLC (the Managing Owner) to liquidate and terminate Invesco DB G10 Currency Harvest Fund (the Fund) pursuant to a process that is expected to
conclude on or around March 10, 2023 (the Liquidation Date). The Managing Owner is taking these steps to wind down the Fund based on its determination that the net assets of the Fund in relation to the Funds operating expenses
make it unreasonable and imprudent to continue the Funds business.
The Funds shares will cease trading on the NYSE Arca, Inc. (NYSE
Arca) after market close on March 3, 2023 (the Cessation Date). Prior to the Cessation Date, Shareholders will be able to sell their shares in the Fund (Shares) on NYSE Arca subject to customary terms and
conditions, including applicable brokerage commissions. It is also anticipated that the Fund will cease accepting creation orders from its authorized participants after the close of business on February 24, 2023.
On or around the Liquidation Date, the Fund will liquidate its remaining assets and distribute cash on a pro rata basis to the shareholders that have not
previously sold their Shares, less an amount retained to pay the costs of closing the Fund. The Managing Owner will terminate the Fund after the distribution process is complete and it has wound up the Funds remaining administrative affairs.
These distributions to shareholders will be treated as liquidating distributions for U.S. federal income tax purposes. Shareholders are encouraged to
consult their own tax advisors concerning the impact of the liquidation of the Fund in light of their own circumstances.
The Managing Owner anticipates
that there will not be a market for the Shares in the period between the Cessation Date and the Liquidation Date (the Pre-Liquidation Period). In addition, during the
Pre-Liquidation Period, the Managing Owner believes it is unlikely that the Fund will continue pursuing its investment objective by investing in futures contracts that seek to track the performance of Deutsche
Bank G10 Currency Future Harvest Index® - Excess Return. Instead, the Fund is likely to hold all or substantially all of its remaining
assets in cash and cash equivalent assets in anticipation of its subsequent liquidation.
This anticipated transition in the Funds portfolio will
affect the Funds investment performance during the Pre-Liquidation Period. Investors who wish to avoid the potential effects of the anticipated transition on their Shares should consider selling their
Shares before the Cessation Date.
Supplement No. 1 should be read together with the Prospectus.
Shares of the Fund are listed on NYSE Arca under the symbol DBV.