Key stats
About Sprott Uranium Miners ETF
Home page
Inception date
Dec 3, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Sprott Asset Management USA, Inc.
Distributor
ALPS Distributors, Inc.
URNM offers access to a basket of global companies involved in mining, exploration, development and production of uranium as well as companies that hold physical uranium, uranium royalties or other non-mining assets. Selected companies must devote 50% of their assets to business operations related to uranium. These companies are identified through industry publications review, sell side research, and fundamental research, as well as meetings with management. Qualified securities are bucketed into two categories and weighted, “miners” (82.5%) and “holders” (17.5%). Companies are market cap weighted within their category, with weight caps and floors applied to individual issuers. The Index is reconstituted and rebalanced on a quarterly basis. Prior to April 25, 2022, the fund was reorganized from North Shore Global Uranium Mining ETF to Sprott Uranium Miners ETF, while retaining the same ticker, strategies, and focus.
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
Non-Energy Minerals
Mutual fund
Stocks87.82%
Non-Energy Minerals83.80%
Distribution Services3.98%
Bonds, Cash & Other12.18%
Mutual fund12.23%
Cash−0.05%
Stock breakdown by region
North America59.22%
Oceania18.69%
Asia17.38%
Europe4.71%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
URNM invests in stocks. The fund's major sectors are Non-Energy Minerals, with 83.84% stocks, and Distribution Services, with 3.98% of the basket. The assets are mostly located in the North America region.
URNM top holdings are Cameco Corporation and National Atomic Company Kazatomprom JSC Sponsored GDR RegS, occupying 16.96% and 13.07% of the portfolio correspondingly.
URNM last dividends amounted to 1.28 USD. The year before, the issuer paid 1.75 USD in dividends, which shows a 36.99% decrease.
URNM assets under management is 1.55 B USD. It's risen 14.12% over the last month.
URNM fund flows account for 139.73 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.
Yes, URNM pays dividends to its holders with the dividend yield of 3.17%. The last dividend (Dec 19, 2024) amounted to 1.28 USD. The dividends are paid annually.
URNM shares are issued by Sprott, Inc. under the brand Sprott. The ETF was launched on Dec 3, 2019, and its management style is Passive.
URNM expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
URNM follows the North Shore Global Uranium Mining Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
URNM invests in stocks.
URNM price has risen by 17.20% over the last month, and its yearly performance shows a −27.96% decrease. See more dynamics on URNM price chart.
NAV returns, another gauge of an ETF dynamics, showed a 16.15% increase in three-month performance and has decreased by −26.19% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 16.15% increase in three-month performance and has decreased by −26.19% in a year.
URNM trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.