WisdomTree Trust WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
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About WisdomTree Trust WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
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Inception date
Dec 16, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
GDMN aims for capital efficiency in providing gold exposure by creating a portfolio of global Gold Miners stocks, while using US-listed gold futures. To be included in the portfolio, Gold Miners must derive at least 50% of their revenue from the gold mining business and must be listed on an eligible global stock exchange. This basket of Gold Miner stocks is modified-market-cap weighted. GDMN aims to hold approximately equal exposure to gold futures and gold equities. The futures contracts are held via a Cayman Islands subsidiary, limited at 25% of the fund. A common structure in the commodity space that allows investors to avoid the complex tax rules that apply to commodity pools. The fund may also hold US Treasurys and other liquid short-term investments as collateral for its gold futures contracts.
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
Stocks90.37%
Non-Energy Minerals89.85%
Finance0.52%
Bonds, Cash & Other9.63%
Mutual fund8.26%
Cash1.32%
Miscellaneous0.05%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GDMN last dividends amounted to 0.12 USD. Six months before that, the issuer paid 2.58 USD in dividends, which shows a 2.09 K% decrease.
GDMN assets under management is 38.38 M USD. It's risen 1.29% over the last month.
GDMN fund flows account for 19.86 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, GDMN pays dividends to its holders with the dividend yield of 5.23%. The last dividend (Dec 30, 2024) amounted to 0.12 USD. The dividends are paid semi-annually.
GDMN shares are issued by WisdomTree, Inc. under the brand WisdomTree. The ETF was launched on Dec 16, 2021, and its management style is Active.
GDMN expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
GDMN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GDMN invests in stocks.
GDMN price has risen by 1.18% over the last month, and its yearly performance shows a 74.98% increase. See more dynamics on GDMN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.43% over the last month, showed a 35.67% increase in three-month performance and has increased by 72.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.43% over the last month, showed a 35.67% increase in three-month performance and has increased by 72.05% in a year.
GDMN trades at a premium (2.22%) meaning the ETF is trading at a higher price than the calculated NAV.