Sprott Physical Gold Trust (PHYS)

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Sprott Physical Gold Trust (PHYS) is a popular gold closed end fund with $1.6 billion of assets. It invests in physical gold bullion. The fund objective is to provide an exchange traded alternative for investors interested in gold commodities.

PHYS Fund Profile

    Sprott Physical Gold Trust (PHYS)
  • Fund Inception Date: 02/26/2010
  • Ticker Symbol: PHYS
  • CUSIP: 85207H104 
  • Rank in category (YTD): 50%
  • Category: US Equity-Commodities
  • Distribution Rate: 0%
  • Effective Leverage: -
  • Capital Gains: -
  • Base Expense Ratio: 0.35%
  • Net Assets: $ 1.62 billion
  • Annual Turnover Rate: -
This commodity fund is managed by Peter Hodson. Its net asset value (NAV) price is $10.43 per share. The market price is trading at 2.49% premium to its NAV. The total expense ratio fee is 0.35% per year. The fund management is Sprott Asset Management LP.

Sprott Physical Gold Trust Fund Performance

Morningstar has not ranked this Sprott Physical Gold Trust. In 2014, the total 1 year return is -1.91%. This gold fund has returned 2.99% over the past 1 year, and -10.87% over the past 3 years.

More: First Eagle Gold Fund

Fund Performance:
  • Year 2014: -1.91%
  • Year 2013: -29.91%
  • Year 2012:  2.97%

PHYS Fund Holdings

This Sprott Physical Gold Trust has 3 holdings in its portfolio. The top 3 holdings are gold bars, US dollar (USD), and Canadian dollar (CDN). Top 2 sectors are gold bullions (99.43%) and net current assets.

More: Best Performing Gold Mutual Funds 2014

Pros:
  • This Sprott Physical Gold Trust Fund provides opportunity for investor to invest in gold bars.
  • Expense fee is slightly lower than gold ETF such as SPDR Gold Shares (GLD)
Cons:
  • It is traded at slightly premium to its NAV.

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