FGDL — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-14

• For the three months ended June 30, 2026, no Shares were issued or redeemed. The Fund’s NAV per Share began the period at $61.37 and ended the period at $53.59. The 12.68% decrease in the Fund's NAV from $61.37 at March 31, 2026 to $53.59 at June 30, 2026 is directly related to the 12.64% decrease i…

• Net realized and change in unrealized loss on investment in gold for the three months ended June 30, 2026, was approximately $60,077,977 which includes a realized gain of $63,678 on the sale of gold to pay the Sponsor Fee, and net change in unrealized depreciation on investment in gold of approximat…

• For the three months ended June 30, 2025, 1,050,000 Shares were issued in exchange for 14,001.581 ounces of gold and 350,000 Shares were redeemed in exchange for 4,666.909 ounces of gold. The Fund’s NAV per Share began the period at $41.54 and ended the period at $43.82. The 5.49% increase in the Fu…

• Net realized and unrealized gain on investment in gold for the three months ended June 30, 2025 was $10,088,874, which includes a realized gain of $16,737 on the sale of gold to pay the Sponsor Fee, realized gain of $2,869,244 on the sale of gold for redemptions, and net change in unrealized appreci…

Text removed vs the prior filing · source: 10-Q · 2026-02-17

• Results of Operations for the quarter Ended December 31, 2025

• For the three months ended December 31, 2025, 700,000 Shares were issued in exchange for 9,326.172 ounces of gold and no Shares were redeemed. The Fund’s NAV per Share began the period at $50.97 and ended the period at $57.39. The 12.60% increase in the Fund's NAV from $50.97 at September 30, 2025 t…

• Net realized and change in unrealized gain on investment in gold for the three months ended December 31, 2025, was approximately $48,319,858 which includes a realized gain of $40,960 on the sale of gold to pay the Sponsor Fee, and net change in unrealized appreciation on investment in gold of approx…

• Results of Operations for the quarter Ended December 31, 2024

• For the three months ended December 31, 2024, 1,400,000 Shares were issued in exchange for 18,678.465 ounces of gold and 750,000 Shares were redeemed in exchange for 10,005.285 ounces of gold. The Fund’s NAV per Share began the period at $35.10 and ended the period at $34.83. The decrease in NAV per…

Text added vs the prior filing · source: 10-Q · 2026-08-14

• Conclusion Regarding the Effectiveness of Disclosure Controls and Procedures

• Under the supervision and with the participation of the Principal Executive Officer and Principal Financial Officer of the Sponsor, the Sponsor conducted an evaluation of the Trust's disclosure controls and procedures, as defined under Exchange Act Rule 13a-15(e) as of June 30, 2026 and concluded th…

• Under the supervision and with the participation of the Principal Executive Officer and Principal Financial Officer of the Sponsor, the Sponsor conducted an evaluation of the Trust’s disclosure controls and procedures with respect to the Fund, as defined under Exchange Act Rule 13a-15(e) as of June …

• There are inherent limitations to the effectiveness of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the controls and procedures.

• There were no changes in the Trust's and the Fund's internal control over financial reporting that occurred during the quarter covered by this report that have materially affected, or are reasonably likely to materially affect, the Trust's and/or the Fund's internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2026-02-17

• The duly authorized officers of the Sponsor, performing functions equivalent to those a principal executive officer and principal financial officer of the Trust would perform if the Trust had any officers, have evaluated the effectiveness of the Trust’s disclosure controls and procedures, and have c…

• The duly authorized officers of the Sponsor, performing functions equivalent to those a principal executive officer and principal financial officer of the Trust would perform if the Trust had any officers, have evaluated the effectiveness of the Fund's disclosure controls and procedures, and have co…

• There were no changes in the Trust’s and the Fund’s internal control over financial reporting that occurred during the fiscal quarter covered by this report that have materially affected, or are reasonably likely to materially affect, the Trust’s and/or the Fund’s internal control over financial rep…

• Each of the Sarbanes-Oxley certifications included as exhibits to this filing apply with respect to both the operations of both the Fund, as the sole series of the Trust, and the Trust as registrant.