Company Profile For SPDR Gold Trust: SPDR Gold Shares

SPDR Gold Trust: SPDR Gold Shares (GLD.P) (NYSE Arca)
sector: Financials · industry: Investment Trusts ·
As of  2:36pm GMT
118.85USD
Price Change
+1.47
Percent Change
+1.25%
 
 
Research a stock:   symbol lookup

Overview

SPDR Gold Trust (the Trust) is an investment trust. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. A Basket equals a block of 100,000 Shares. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion. The sponsor of the Trust is World Gold Trust Services, LLC. BNY Mellon Asset Servicing, a division of The Bank of New York Mellon is the trustee of the Trust. HSBC Bank USA, N.A. serves as the custodian of the Trust’s gold.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 June 2009, SPDR Gold Trust's total investment income decreased 85% to $202.6M. Net gain resulting from operations for the period decreased 91% to $122.7M. Revenue reflects a decrease in the gain on gold distributed for redemption of shares. Net investment income from operations also reflects an increase in custody fees, higher sponsor fees, an increase in marketing agents fees and higher other expenses.

Company Address

SPDR Gold Trust: SPDR Gold Shares
C/O World Gold Trust Services,
LLC, 424 Madison Avenue
3rd Floor
New York   NY   10017
P: +1212.3173800
F: +1212.6880410

Total Employees

Find Out More About GLD.P

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
advertisement