Symbols

GLTR

abrdn Physical Precious Metals Basket Shares ETF·NYSE

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Key Stats

Assets Under Management

2.78BUSD

Fund Flows (1Y)

476.32MUSD

Dividend Yield

Discount/Premium to NAV

0.06%

Shares Outstanding

12.63M

Expense Ratio

0.60%

About abrdn Physical Precious Metals Basket Shares ETF

Issuer

abrdn Inc.

Brand

abrdn

Home Page

https://www.aberdeeninvestments.com/en-us/investor/funds/view-all-funds/abrdn-physical-precious-metals-basket-shares-etf/share/us0032631006?tab=fundFactsTab&subTab=keyInformationTab

Inception Date

Oct 22, 2010

Structure

Grantor Trust

Index Tracked

LBMA & LPPM Precious Metals Price PM

Management Style

Passive

Dividend Treatment

Distribution Tax Treatment

Return of capital

Income Tax Type

Collectibles

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

28.00%

Primary Advisor

abrdn ETFs Advisors LLC

Distributor

ALPS Distributors, Inc.

GLTR is the first broad basket of physical precious metals. Unlike most other products (and its benchmark) that only provide exposure to gold and silver, the fund holds physical gold, silver, platinum, and palladium. Custodied by JP Morgan Chase Bank, the gold and silver bullion are held in London, while the platinum and palladium bullion are held in London or Zurich. NAV is determined using the London Metal Price, so expect a close relationship with spot prices. GLTR is structured as a grantor trust preventing trustees from lending the underlying metals. On April 27, 2018, Aberdeen purchased the fund from issuer, ETF Securities.