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About iShares Gold Trust Micro Shares
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Inception date
Jun 15, 2021
Structure
Grantor Trust
Dividend treatment
Capitalizes
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
iShares Delaware Trust Sponsor LLC
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 days 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.
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
IAUM assets under management is 2.69 B USD. It's risen 3.01% over the last month.
IAUM fund flows account for 988.68 M USD (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, IAUM doesn't pay dividends to its holders.
IAUM shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jun 15, 2021, and its management style is Passive.
IAUM expense ratio is 0.09% meaning you'd have to pay 0.09% of your investment to help manage the fund.
IAUM follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IAUM price has fallen by −2.88% over the last month, and its yearly performance shows a 36.17% increase. See more dynamics on IAUM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.36% over the last month, have fallen by −4.36% over the last month, showed a 11.90% increase in three-month performance and has increased by 35.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.36% over the last month, have fallen by −4.36% over the last month, showed a 11.90% increase in three-month performance and has increased by 35.20% in a year.
IAUM trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.