IAUM

iShares Gold Trust Micro
*Unless otherwise stated, data provided by FactSet.

IAUM Fund Description

IAUM tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults.

IAUM Factset Analytics Insight

IAUM is an efficient way for investors to hold physical gold by providing exposure to the day-to-day movement of the price of gold bullion. The fund removes the complexities for retail investors of buying, transporting, storing, and insuring physical gold. Using a grantor trust structure, the underlying gold bars are held in vaults, with an inventory found on the fund website. Since IAUM is considered a collectible, investors should know that long-term gains have noteworthy tax liabilities. The daily NAV of the trust is based on that day’s LBMA Gold Price PM. The fund is a trades at a lower handle and launched with a lower expense ratio as compared to its larger sibling fund IAU.

PERFORMANCE [as of 10/25/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IAUM 1.49% -0.75% -- -- -- -- --
IAUM (NAV) 3.34% 0.30% -- -- -- -- --
Gold Spot 3.35% 0.31% -4.36% -5.17% 13.64% 7.30% 0.87%
Gold Spot 3.35% 0.31% -4.36% -5.17% 13.64% 7.30% 0.87%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IAUM Summary Data

Blackrock
iShares
06/15/21
Grantor Trust
0.15%
$812.61M
$5.36M
0.06%
N/A

IAUM Portfolio Data

Physically Held
Physically Held
N/A
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IAUM Index Data

Gold Spot
Single Asset
Single Asset
Gold Spot

IAUM Portfolio Management

0.15%
--
--
--

IAUM Tax Exposures

28.00% / 39.60%
--
No

IAUM Fund Structure

Grantor Trust
No
--
N/A
N/A
Low
Daily

IAUM Factset Analytics Block Liquidity

As of 10/26/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IAUM. IAUM is rated a 5 out of 5.

IAUM Tradability

303,307
$5.36M
15,121
$269.14K
0.06%
$0.01
0.01%
0.79% / -0.93%
None
100.00%
50,000
0.30
--
--
0
$18.05
5

IAUM Top 10 Targeted Commodity Weights

100.00%
100.00%

IAUM Tenor Strategy

IAUM holds physical bullion. Prices will reflect the current spot market values.

IAUM Rolling Strategy

Since IAUM holds physical bullion rather than futures contracts, it does not have a roll strategy.

IAUM Performance Statistics

--
--
--
--
0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.