WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN)

BATS: GDMN · IEX Real-Time Price · USD
25.01
+0.22 (0.87%)
May 26, 2023, 4:00 PM EDT - Market closed
0.87%
Assets n/a
Expense Ratio n/a
PE Ratio n/a
Shares Out n/a
Dividend (ttm) $0.33
Dividend Yield 1.32%
Ex-Dividend Date Dec 23, 2022
Payout Ratio n/a
1-Year Return -7.50%
Volume 1,299
Open 24.75
Previous Close 24.80
Day's Range 23.65 - 25.01
52-Week Low 16.55
52-Week High 30.88
Beta n/a
Holdings 52
Inception Date Dec 16, 2021

About GDMN

Fund Home Page

The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that provides concentrated exposure to gold in both equity and commodity forms. The fund invests in gold mining companies globally and US-listed gold futures. GDMN was launched on Dec 16, 2021 and is managed by WisdomTree.

Asset Class Asset Allocation
Stock Exchange BATS
Ticker Symbol GDMN

Top 10 Holdings

61.79% of assets
Name Symbol Weight
Barrick Gold Corporation GOLD 9.30%
Newmont Corporation NEM 9.09%
Franco-Nevada Corp FNV.TO 8.04%
Agnico Eagle Mines Ltd AEM.TO 6.26%
Wt Eff Gld Pl Gld Mine St Port Wt Eff Gld Pl Gld Mine St Por n/a 6.19%
Northern Star Resources Ltd NST.AX 5.05%
Gold Fields Ltd ADR EDG.DE 4.95%
AngloGold Ashanti Limited AU 4.95%
Wheaton Precious Metals Corp WPM.TO 4.07%
Newcrest Mining Ltd NCM.AX 3.91%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 23, 2022 $0.14377 Dec 29, 2022
Oct 25, 2022 $0.18743 Oct 28, 2022
Full Dividend History

News

Not Just a Fad: Uncertainty Makes Case for Gold ETFs

Is the bank crisis really over? As quickly as it burst onto the scene, the bank discourse has quieted down following concerted government and financial sector action to halt the contagion that spread ...

Other symbols: FRCSIVB
2 months ago - ETF Trends

Lower Energy and Labor Costs Could Improve Gold Miners' Profitability

Continued rate increases may not bode well for higher gold prices, but miners have other factors going their way, including the potential for increased profit margins, according to a Reuters report. T...

3 months ago - ETF Trends

Gold Rally Boosts Case for Gold Miners ETF GDMN

Have you heard? Gold prices are up and lifting the precious metal back into the conversation for 2023.

4 months ago - ETF Trends

Gold Miners May Finally Be Ready to Shine

Gold miners are among the asset classes that have long vexed market participants. Often volatile, this corner of the equity market has documented periods in which it overshoots bullion's price action ...

4 months ago - ETF Trends

Gold Still Useful for Hedging Purposes

In the face of rising interest rates and a strong U.S. dollar, gold returns are decent though far from spectacular in 2022. For example, the largest gold-backed exchange traded fund is higher by 1.11%...

1 year ago - ETF Trends

Why This Gold Miners ETF Matters Now

As Russia continues its armed assault on Ukraine, dragging global equity markets lower in the process, gold is doing its job for investors. For example, the yellow metal is flirting with record highs,...

1 year ago - ETF Trends

Market Volatility Could Boost Gold Miners

There's nothing like some geopolitical volatility to lift gold, and the Russia-Ukraine conflict is doing just that. Over the past week, the largest exchange traded fund backed by physical holdings of ...

1 year ago - ETF Trends

As Investors Flock to Safe Havens, GDMN Climbs

Russia has attacked Ukraine, launching missiles and airstrikes in several cities within Ukraine in an offensive that Russian President Vladimir Putin has said has goals of demilitarizing the country a...

1 year ago - ETF Trends

An Inflation Toolkit for Advisors From WisdomTree

It's a difficult season for advisors who are still working to create optimal portfolios for their clients in a time of rising interest rates, inflation, supply chain disruptions, and more. WisdomTree ...

Other symbols: AGZDGCCHYZDUSFRWTMF
1 year ago - ETF Trends

Gold Might Be Surprisingly Solid This Year

Gold was one of the obvious surprises in the commodities complex last year, and not in a good way. Commodities surged in 2021, ranking as one of the year's best-performing asset classes, and that stat...

1 year ago - ETF Trends

Rookie Gold Miners ETF Could Find 2022 Groove

The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) debuted last month, meaning the latest addition to the fray of gold miners exchange traded funds missed nearly all of the 2021 weakn...

1 year ago - ETF Trends

New ETF Brings Glittery Approach to Gold Miners

Amid low interest rates, higher commodities prices, and a soaring Consumer Price Index (CPI), gold and gold miners are disappointing investors this year, but plenty of market observers are wagering th...

1 year ago - ETF Trends

GDMN: The Efficient Alternative

By Jeremy Schwartz, CFA Global Chief Investment Officer Follow Jeremy Schwartz @JeremyDSchwartz With historically low global interest rates but high inflation, investors are seeking portfolio diversif...

1 year ago - ETF Trends

WisdomTree Launches Efficient Gold Miners Strategy ETF, ‘GDMN'

On Thursday, WisdomTree Investments, Inc. announced the launch of the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), an actively managed ETF. GDMN invests in a portfolio comprised of...

1 year ago - ETF Trends