GLDM — SPDR Gold Minishares Trust of beneficial interest
SPDR Gold Minishares Trust of beneficial interest (ticker: GLDM) is a commodity ETF issued by State Street tracking LBMA Gold PM Price. It was launched on 2018-06-25.
About GLDM
The SPDR Gold Minishares Trust (GLDM) is an ETF that holds physical gold. It aims to track the performance of the LBMA Gold PM Price.
Investors might consider GLDM for exposure to gold prices as a potential hedge against inflation or currency debasement, or for portfolio diversification. The fund offers a cost-effective way to invest in gold without directly owning the physical metal.
- GLDM provides exposure to physical gold.
- The fund tracks the LBMA Gold PM Price.
- It has an expense ratio of 0.10%.
- Total assets under management are $30.66B.
- The fund was incepted on June 25, 2018.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.96% |
| 1 Week | -0.14% |
| 1 Month | -3.60% |
| 3 Months | -12.84% |
| 6 Months | 5.60% |
| YTD | 3.00% |
| 1 Year | 32.42% |
| 3 Years | 127.33% |
| 5 Years | 136.24% |
| 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 | State Street |
|---|---|
| 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 of beneficial interest |
| Issuer | State Street |
| Asset Class | commodity |
| Expense Ratio | 0.00% |
| AUM | $30.52B |
| Inception | 2018-06-25 |
| Index Tracked | LBMA Gold PM Price |
Frequently Asked Questions
What does GLDM track?
GLDM (SPDR Gold Minishares Trust of beneficial interest) 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 $30.52B 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 State Street under the SPDR brand, launched on 2018-06-25.
Open the interactive GLDM dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.