WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN)
| Assets | $8.23M |
| Expense Ratio | 0.45% |
| PE Ratio | 30.08 |
| Shares Out | 300,000 |
| Dividend (ttm) | $1.84 |
| Dividend Yield | 6.49% |
| Ex-Dividend Date | Dec 22, 2023 |
| Payout Ratio | 195.21% |
| 1-Year Return | +0.68% |
| Volume | 1,769 |
| Open | 28.16 |
| Previous Close | 27.43 |
| Day's Range | 27.43 - 28.62 |
| 52-Week Low | 19.55 |
| 52-Week High | 30.88 |
| Beta | 0.72 |
| Holdings | 53 |
| Inception Date | Dec 16, 2021 |
About GDMN
Fund Home PageThe 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 issued by WisdomTree.
Top 10 Holdings
60.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Wt Eff Gld Pl Gld Mine St Port Wt Eff Gld Pl Gld Mine St Por | n/a | 8.93% |
| Barrick Gold Corporation | ABX | 8.12% |
| Newmont Corporation | NEM | 7.81% |
| Agnico Eagle Mines Limited | AEM | 7.04% |
| Franco-Nevada Corporation | FNV | 5.94% |
| Northern Star Resources Ltd | NST.AX | 5.26% |
| Gold Fields Ltd ADR | EDG.DE | 5.21% |
| Wheaton Precious Metals Corp. | WPM | 4.37% |
| AngloGold Ashanti Limited | AU | 4.17% |
| Kinross Gold Corporation | K | 3.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2023 | $0.160 | Dec 28, 2023 |
| Oct 25, 2023 | $1.68178 | Oct 30, 2023 |
| Dec 23, 2022 | $0.14377 | Dec 29, 2022 |
| Oct 25, 2022 | $0.18743 | Oct 28, 2022 |
News
Stars Aligning for More Gold Upside
The gap between some spot gold exchange traded funds and S&P 500-tracking funds is as wide as 1,000 basis points on a year-to-date basis. In favor of the precious metal, that is.
GDMN Could Glitter as Gold Rally Extends
Amid fears inflation could prove stickier than previously hoped, gold is one of 2024's best-performing assets. The largest physically backed ETF dedicated to the metal is up almost 14% year to date.
Gold ETFs Could See Unprecedented Bullishness
Even without much assistance from the Federal Reserve in the form of interest rate cuts, gold is performing well to start 2024. The largest physically backed exchange traded fund in the category is up...
GDMN: Ideal ETF for Accessing Gold Miner Equities
Somewhat overshadowed by bitcoin and stocks, gold is enjoying a solid start to 2024. In fact, the largest bullion-backed exchange traded fund is higher by 4.80% year to date.