# SPDR Gold MiniShares Trust (GLDM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gldm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Commodities - Strategy: Thematic · Inception: 2018-06-25 The SPDR Gold MiniShares Trust (GLDM) aims for its shares (MiniShares) to mirror the price fluctuations of gold bullion, after accounting for the trust's operational expenses. This investment vehicle provides individuals with an accessible and economical way to gain exposure to gold. Many investors will likely find that the combined costs of trading GLDM shares in the secondary market and the trust's recurring fees are lower than the expenditures associated with directly purchasing, selling, storing, and insuring physical gold in a conventional allocated bullion account. ## Key Facts | Metric | Value | |---|---| | Price | $79.13 | | Expense Ratio | 0.10% | | Assets Under Management | $30.30B | | NAV | $79.38 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $77.50 – $109.74 | | Beta | 0.41 | ## Frequently Asked Questions ### What does GLDM invest in? The SPDR Gold MiniShares Trust (GLDM) aims for its shares (MiniShares) to mirror the price fluctuations of gold bullion, after accounting for the trust's operational expenses. This investment vehicle provides individuals with an accessible and economical way to gain exposure to gold. Many investors will likely find that the combined costs of trading GLDM shares in the secondary market and the trust's recurring fees are lower than the expenditures associated with directly purchasing, selling, storing, and insuring physical gold in a conventional allocated bullion account. ### What is the expense ratio of GLDM? SPDR Gold MiniShares Trust (GLDM) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is GLDM? SPDR Gold MiniShares Trust (GLDM) manages $30.30B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is GLDM actively managed or an index fund? GLDM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was GLDM launched? SPDR Gold MiniShares Trust (GLDM) launched in June 2018 and is managed by SPDR. ### How has GLDM performed? GLDM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does GLDM pay a dividend? SPDR Gold MiniShares Trust (GLDM) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GLDM pay dividends? SPDR Gold MiniShares Trust pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GLDM's dividend yield? GLDM's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is GLDM's next ex-dividend date? GLDM hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will GLDM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GLDM charge its expense ratio? The expense ratio is deducted in tiny daily slices from GLDM's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GLDM cost more than a fund like VOO? GLDM's strategy (current expense ratio 0.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where GLDM sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to GLDM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as GLDM (0.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gldm - Distribution history: https://www.dividenddata.com/funds/gldm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gldm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gldm/expenses - Peer comparison: https://www.dividenddata.com/funds/gldm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.