GLDM
SPDR Gold MiniShares TrustGLDM 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 new 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, GLDM charges a considerably smaller fee, among the cheapest in the segment. Like all physically held gold funds, taxes on long-term gains can be steep, as GLDM is deemed a collectible by the IRS.
GLDM Charts And Performance
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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GLDM Summary Data
GLDM Portfolio 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 Tradability
GLDM Top 10 Targeted Commodity Weights
GLDM Tenor Strategy
N/A
GLDM Rolling Strategy
N/A
GLDM Performance Statistics
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