GLDM — SPDR Gold Minishares Trust
SPDR Gold Minishares Trust (ticker: GLDM) is a commodity ETF issued by World Gold Council tracking LBMA Gold PM Price. It was launched on 2018-06-25.
About GLDM
The SPDR Gold Minishares Trust (GLDM) is an exchange-traded fund that provides exposure to the price of gold. The fund holds physical gold in a trust, aiming to track the performance of the LBMA Gold PM Price.
Investors might consider GLDM for convenient access to gold as a commodity. It offers a way to potentially hedge against inflation or currency devaluation, and to diversify a portfolio with precious metals.
- Tracks the LBMA Gold PM Price.
- Holds physical gold.
- Expense ratio of 0.10%.
- AUM of $28.07B.
- Total of 1 holding.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 1.04% |
| 1 Week | 0.00% |
| 1 Month | -3.23% |
| 3 Months | -13.60% |
| 6 Months | -8.62% |
| YTD | -4.49% |
| 1 Year | 24.20% |
| 3 Years | 113.51% |
| 5 Years | 126.63% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | World Gold Council |
|---|---|
| Brand | SPDR |
| Asset Class | commodity |
| Strategy | Vanilla |
| Structure | Grantor Trust |
| Category | Precious Metals |
| Segment | Commodities: Precious Metals Gold |
| Index Tracked | LBMA Gold PM Price |
| Inception Date | 2018-06-25 |
| Tax on Distributions | Return of Capital |
Quick Facts
| Ticker | GLDM |
|---|---|
| Full Name | SPDR Gold Minishares Trust |
| Issuer | World Gold Council |
| Asset Class | commodity |
| Expense Ratio | 0.00% |
| AUM | $28.07B |
| Inception | 2018-06-25 |
| Index Tracked | LBMA Gold PM Price |
Frequently Asked Questions
What does GLDM track?
GLDM (SPDR Gold Minishares Trust) tracks LBMA Gold PM Price, a commodity benchmark.
What is the expense ratio of GLDM?
GLDM has an expense ratio of 0.00% per year.
What is the AUM of GLDM?
GLDM has approximately $28.07B in assets under management.
Does GLDM pay a dividend?
GLDM distributes income according to its prospectus (Return of Capital tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues GLDM?
GLDM is issued by World Gold Council under the SPDR brand, launched on 2018-06-25.
Open the interactive GLDM dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.