Sprott Physical Gold Trust
As of November 1, 2024
NAV
$21.48
NAV Daily Change
-$0.06
-0.27%
NAV YTD
31.98%
Management Expense Ratio
0.41%
Market Price
$21.25
Premium/Discount
-1.08%
Total Oz. of Gold
3,278,708
Total Net Asset Value
$8.98 Billion
Today's Pricing
The market is now closed
The market is now closed
The market is now closed
Previous Close NYSE Arca ($US)
In U.S. Dollars. Data last updated Friday, November 1, 2024 6:00 PM EST
Net Asset Value per Unit
$21.48
Previous Market Price Close
$21.25
Premium/Discount †
-1.08%
Units Outstanding
418,171,167
Total Oz. of Gold held within Trust*
3,278,708
Market Value of Gold held by Trust
$8.97 Billion
Total Net Asset Value of Trust
$8.98 Billion
*Based on trade date.
Previous Close TSX ($CA)
(In Canadian Dollars. Data last updated Friday, November 1, 2024 6:00 PM EST)
Net Asset Value per Unit
$29.98
Previous Closing Market Price
$29.68
Premium/Discount †
-1.01%
High-Low NAV History ($US)
As of Sep 30, 2024. Since Inception February 25, 2010.
High Net Asset Value per Unit
$20.99
Low Net Asset Value per Unit
$8.69
Premium/Discount Range
+23.88% to -3.58%
Overview
The Sprott Physical Gold Trust (PHYS) was created to invest and hold substantially all of its assets in physical gold bullion.
Our goal is to provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical gold without the inconvenience that is typical of a direct investment in physical gold bullion.
Investing in PHYS offers several compelling reasons: you benefit from fully allocated gold, it’s redeemable for metals, secure storage you can trust, potential tax advantages, ease of purchase, sale, and ownership, and the liquidity of your investment.
Key Facts
Ticker/Exchange
PHYS (NYSE Arca)
PHYS.U (TSX $US)
PHYS (TSX $CA)
Fund Type
Closed-End Trust
ISIN
Show ISIN
ISIN: CA85207H1047
Copyright 2024, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
Show CUSIP
CUSIP: 85207H104
Copyright 2024, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
February 25, 2010
Issuer
Sprott Physical Gold Trust
Bullion Custodian
The Royal Canadian Mint
Manager
Sprott Asset Management LP
Trustee
RBC Investor Services
Auditor
KPMG
Fees & Expenses
Management Expense Ratio 0.41%
Management Expense Ratio (“MER”) is based on total expenses (including applicable Canadian taxes and excluding commissions) and is expressed as an annualized percentage of the average daily net asset value (“NAV”) for the period ended 6/30/2024.Highlights
Gold and Silver Enjoy Continued Rally
BY PAUL WONG · 10/21/2024
Gold and silver prices surged in Q3 2024, driven by central bank buying and macroeconomic factors. While gold experienced a historic price increase, silver's price was influenced by both its precious metal value and industrial demand. YTD through September 30, gold is up 27.71% and silver has gained 30.95%.
Reasons to Own Gold
EDUCATIONAL BROCHURE
Gold has always served as a store of value. This brochure explores gold’s unique investment characteristics and explains why investors should strongly consider the yellow metal as part of a diversified investment portfolio.
Performance
Total Returns (% $US) as of September 30, 2024
1 MO* | YTD* | 1 YR | 3 YR | 5 YR | 10 YR | |
PHYS (NAV)** | 5.17 | 27.12 | 41.65 | 13.83 | 11.61 | 7.50 |
PHYS (Market Price)** | 4.67 | 27.93 | 42.32 | 13.88 | 11.51 | 7.41 |
Benchmark: Spot Gold Price1 | 5.24 | 27.71 | 42.52 | 14.46 | 12.34 | 8.11 |
1 MO* | YTD* | 1 YR | 3 YR | 5 YR | 10 YR | |
PHYS (NAV)** | 5.17 | 27.12 | 41.65 | 47.48 | 73.19 | 106.04 |
PHYS (Market Price)** | 4.67 | 27.93 | 42.32 | 47.68 | 72.42 | 104.41 |
Benchmark: Spot Gold Price1 | 5.24 | 27.71 | 42.52 | 49.95 | 78.93 | 118.06 |
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
PHYS (NAV) | 12.55 | -0.86 | -4.13 | 23.74 | 17.61 | -1.98 | 12.54 | 8.07 | -10.84 | -2.24 | -28.13 | 6.30 | 9.07 |
PHYS (Market Price) | 12.98 | -1.81 | -4.84 | 23.89 | 18.14 | -2.64 | 12.78 | 7.56 | -10.64 | -1.91 | -29.91 | 2.97 | 11.79 |
Benchmark: Spot Gold Price | 13.10 | -0.28 | -3.64 | 25.12 | 18.31 | -1.58 | 13.09 | 8.56 | -10.42 | -1.72 | -28.04 | 7.14 | 10.06 |
Growth of $10,000 Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 25, 2010.
The chart shown is used only to illustrate the effects of the compound growth rate
and is not intended to reflect future values of the Trust or returns on investment in the Trust.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 25, 2010.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 25, 2010.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of November 2, 2024
CY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
Days Traded at Premium | -- | 0 | 0 | 0 | -- |
Days Traded at Discount | 250 | 61 | 63 | 64 | -- |
The above table and line chart present information about the differences between the daily market price of a Trust unit and the Trust’s reported net asset value. The chart’s horizontal axis shows the premium or discount expressed in basis points. The market price is determined by the midpoint between the highest bid and the lowest offer on the Trust’s listing exchange, as of the time that the Trust’s NAV is calculated (usually 4:00 pm Eastern time).
Cumulative Oz. of Gold Acquired by Trust
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.Source: Sprott, RBC Investor Services Trust.
Investor Details
Gold Bar List by Serial Number
View a complete list of the serial numbers for each gold bar held by the Royal Canadian Mint on behalf of the Sprott Physical Gold Trust. Please note that all bars held within the Trust are London Good Delivery. The bars are segregated within the vault and fully unencumbered.
Royal Canadian Mint Confirmation of Physical Bullion Holdings
Download Sprott Tracker Mobile App
The Sprott Tracker Mobile App lets you follow the daily performance of your investments in gold, silver, platinum, palladium and uranium held in Sprott Physical Trusts. Get the latest market prices, NAVs, premium/discount calculations, trading volume and more.
Bullion Calculator
Metal per Unit
How to Obtain Physical Certificates
In the United States, shareholders can contact the Computershare call center at 800.446.2617 or go to computershare.com and access a transfer form by creating an account.
In Canada, shareholders can direct their broker to withdraw units from CDS Clearing and Depository Services Inc. When the broker puts in the withdrawal, the transfer agent in Canada, TSX Trust Company, will issue physical certificates to the broker.
How to Hold Units in Your Name
Once you have purchased Trust units through a third-party financial professional, the Direct Registration System (DRS) option gives you the ability to transfer the units you own from your broker to the Trust's transfer agents (Computershare for U.S. unitholders and TSX Trust Company for Canadian unitholders). DRS is the electronic or book-entry form of security ownership offered by and only through transfer agents and allows a unitholder to hold Trust units in that holder’s name directly as opposed to electronic security ownership through a broker. The DRS option went into effect on October 5, 2017, for unitholders of each of the Trusts (read press release).
How to Redeem for Physical Bullion
Sprott Physical Bullion Trust unitholders have the right to redeem for physical metals on a monthly basis, subject to meeting the minimum redemption amount. To submit a request for physical redemption, a unitholder must complete the required redemption form for the specific Trust from which they wish to redeem units.
Literature
Fact Sheet
Quarterly Investor Presentation
Press Releases
Financial Reports
- Jun 30, 2024 Second Quarter Report & MRFP
- Mar 31, 2024 First Quarter Report & MRFP
- Dec 31, 2023 Annual Report & MRFP
- Sep 30, 2023 Third Quarter Report & MRFP
- Jun 30, 2023 Second Quarter Report & MRFP
Tax & Resources
Tax Benefits
For U.S. investors, Sprott Physical Bullion Trusts potentially provide favorable tax advantages versus owning metals directly or precious metals ETFs.
PFIC Statements
“PFIC” stands for “Passive Foreign Investment Company.” A foreign corporation such as the Sprott Physical Bullion Trusts (“the Trusts”) will be treated as a PFIC for any taxable year if either of the following is true: (a) more than 75% of its gross income is from passive sources or (b) at least 50% of its assets are held for the production of passive income.
PFIC Statements Subscription
Sign-up to have your annual PFIC statements delivered to you electronically.
Tax Guide and Forms for U.S. Investors
- Sprott Physical Bullion Trusts - Tax Guide for U.S. Investors (2023 Tax Year)
- PFIC Form 2023
- PFIC Form 2022
- IRS Form 8621
- Instructions for IRS Form 8621
- PFIC Form 2021
- PFIC Form 2020
- PFIC Form 2019
- PFIC Form 2018
- PFIC Form 2017
- IRS Form 8937 - 2017
- PFIC Form 2016
- PFIC Form 2016 GTU
- PFIC Form 2015
- PFIC Form 2015 GTU
- PFIC Form 2014
- PFIC Form 2013
- PFIC Form 2012
- PFIC Form 2011
- PFIC Form 2010
How to Purchase
Sprott Physical Bullion Trusts trade on the NYSE Arca in U.S. dollars and on the TSX in both U.S. and Canadian dollars.
Trust units can be purchased or sold like any regular equity security through financial advisors, full-service brokers and discount brokers. Your units will be held in your name through the third-party financial professional. Units can be purchased or sold through:
Brokerage Services
Sprott Global Resource Investments Ltd.
Telephone: 800.477.7853
Email: contact@sprottglobal.com
Ticker/Exchange
PHYS (NYSE Arca)
PHYS.U (TSX $US)
PHYS (TSX $CA)
CUSIP
85207H104
ISIN
CA85207H1047
Contact Us
Financial Advisors and Individual Investors
Telephone: 888.622.1813
Email: invest@sprott.com
Institutional Investors
Contact: Glen Williams
Managing Director, Investor and
Institutional Client Relations;
Head of Corporate Communications, Sprott Inc.
Telephone: 416.943.4394
Email: gwilliams@sprott.com
General Information
Contact the Sprott Team for more information, or answers to your questions.
Telephone: 888.622.1813
Email: bullion@sprott.com