Key stats
About GraniteShares Platinum Shares ETF
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Inception date
Jan 22, 2018
Structure
Grantor Trust
Replication method
Synthetic
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Distributor
Foreside Fund Services LLC
PLTM invests directly in physical platinum stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the platinum bars. Since PLTM holds physical platinum bars, investors can expect the fund to track the price of spot platinum closely. Moreover, the fund provides exposure that is essentially identical to established competitors such as PPLT. Like all physically held precious metals funds, any long-term gains will result in noteworthy tax liabilities, since PLTM is considered a collectible. NAV is determined using the LBMA Platinum Price PM, so expect a close relationship with spot prices.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PLTM assets under management is 63.45 M USD. It's risen 15.94% over the last month.
PLTM fund flows account for 15.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, PLTM doesn't pay dividends to its holders.
PLTM shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Jan 22, 2018, and its management style is Passive.
PLTM expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
PLTM follows the Platinum London PM Fix ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PLTM price has risen by 9.24% over the last month, and its yearly performance shows a 2.00% increase. See more dynamics on PLTM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.19% over the last month, showed a 15.24% increase in three-month performance and has increased by 3.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.19% over the last month, showed a 15.24% increase in three-month performance and has increased by 3.20% in a year.
PLTM trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.