GLDMSPDR Gold MiniShares Trust
GLDM Fund Description
GLDM tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.
GLDM Factset Analytics Insight
GLDM is a slightly modified alternative to State Street’s behemoth gold fund, GLD. There are two main differences between this offering and its predecessor. First, the handle: GLDM holds roughly 1/10th as much gold per share as GLD, or about the same amount as competitor IAU. That could appeal to investors wishing to place small orders, but is a potential issue for those paying per-share commissions. Second, expense ratios may be different and worth considering. Like all physically held gold funds, taxes on long-term gains can be steep, as GLDM is deemed a collectible by the IRS.
GLDM Summary Data
GLDM Portfolio Data
GLDM Index Data
GLDM Portfolio Management
GLDM Tax Exposures
GLDM Fund Structure
GLDM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GLDM. GLDM is rated a 5 out of 5.
GLDM Top 10 Targeted Commodity Weights
GLDM Tenor Strategy
GLDM holds physical bullion. Prices will reflect the current spot market values.
GLDM Rolling Strategy
Since GLDM holds physical bullion rather than futures contracts, it does not have a roll strategy.