iShares Gold Trust (0JDT)

Profile

iShares Gold Trust is a grantor trust that provides investors with convenient exposure to the price performance of physical gold bullion. It holds gold bars in secure vaults worldwide, tracking the LBMA Gold Price PM ($/ozt) through a passive, physical replication method, eliminating the need for individuals to handle buying, transporting, storing, or insuring gold themselves. The trust's structure ensures stability, with its net asset value calculated daily based on the benchmark gold price, and an inventory list of holdings available publicly. Primarily focused on the commodities sector, specifically precious metals, iShares Gold Trust serves as a vanilla, single-asset vehicle for global gold exposure, appealing to those seeking portfolio diversification or inflation hedging without operational complexities. Managed by BlackRock with a low expense ratio, it treats distributions as return of capital and is taxed as a collectible, featuring long-term capital gains rates up to 28%. Launched in 2005 and headquartered in the United States, iShares Gold Trust remains a cost-effective option for gold-focused strategies in today's financial markets.