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About SPDR GOLD TRUST
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Inception date
Nov 18, 2004
Structure
Grantor Trust
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
State Street Corp. (Fund Distributor)
GLD is the first to market to invest directly in physical gold. The product structure reduced the difficulties of buying, storing and insuring physical gold bullion for investors. Actively traded, the shares provide deep liquidity. NAV for the fund is determined using the LBMA PM Gold Price (formerly the London PM Gold Fix), so GLD has an extremely close relationship with spot prices. Its structure as a grantor trust protects investors, trustees cannot lend the gold bars. However, taxes on long-term gains can be steep, as GLD is deemed a collectible by the IRS. Also, GLD's NAV has a larger handle, which corresponds to more gold exposure per share. As such, those impacted by per-share trading costs may prefer GLD over similar funds.
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
GLD assets under management is 1.88 T MXN. It's fallen 3.54% over the last month.
GLD fund flows account for 157.93 B MXN (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, GLD doesn't pay dividends to its holders.
GLD shares are issued by World Gold Council Ltd. under the brand SPDR. The ETF was launched on Nov 18, 2004, and its management style is Passive.
GLD expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
GLD follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GLD price has fallen by −2.15% over the last month, and its yearly performance shows a 62.64% increase. See more dynamics on GLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.77% over the last month, showed a 7.66% increase in three-month performance and has increased by 60.50% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.77% over the last month, showed a 7.66% increase in three-month performance and has increased by 60.50% in a year.
GLD trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.