IncomeShares
Gold+ Yield ETP
IncomeShares Gold+ Yield ETP
Summary
The IncomeShares Gold+ Yield ETP seeks to provide exposure to gold while generating monthly income by selling ‘out-of-the-money’ call options on the SPDR® Gold Shares and paying a return on the premia collected. The ETP aims to retain at least 3% upside exposure to the spot price of gold while harvesting compelling monthly yields.
Why Gold+ Yield ETP ?
Maximum Income
Enhanced monthly income from premiums received through options selling and a return on cash.
Upside Exposure
Participation in the upside potential of GLD up to the options’ strike price.
Partial Downside Protection
Income generated from selling options may help cushion against market downturns.
Performance
Data as of 01 Dec 2023
$ 100,000
$ 100,000
Net Asset Value
Key Information
Structure
Distributions
Distribution Calendar
Monthly Distribution
Declaration Date | Ex-Date | Record Date | Payment Date | Distribution Per Share | Distribution %* |
---|---|---|---|---|---|
31 Jul 2024 | 01 Aug 2024 | 02 Aug 2024 | 12 Aug 2024 | $0.04 | 9.70% |
30 Aug 2024 | 02 Sep 2024 | 03 Sep 2024 | 11 Sep 2024 | $0.06 | 6.90% |
30 Sep 2024 | 01 Oct 2024 | 02 Oct 2024 | 10 Oct 2024 | $0.05 | 5.87% |
*The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income and cash return, remained the same going forward. The Distribution Rate is calculated by multiplying an ETP’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETP’s most recent NAV. The Distribution Rate represents a single distribution from the ETP and does not represent its total return. Distributions are not guaranteed.
Tax & Legal
Listings & Tickers
Country | Exchange | Base Currency | Trading Currency | Exchange Code | ISIN | SEDOL | BBG Ticker | RIC | WKN | Listing Date |
---|---|---|---|---|---|---|---|---|---|---|
UK | London Stock Exchange | USD | USD | GLDI | XS2852999775 | BPLQDK2 | GLDI LN | GLDI.L | A4AH1M | 22 Jul 2024 |
UK | London Stock Exchange | USD | GBP | GLDE | XS2852999775 | BPLQDL3 | GLDE LN | GLDE.L | A4AH1M | 22 Jul 2024 |
Holdings
Name | Ticker | SEDOL | Market Price | Currency | Shares Held | Market Value |
---|---|---|---|---|---|---|
SPDR GOLD SHARES | GLD | B046RT1 | 245.49 | USD | 769 | 188781.81 |
GLD Oct04'24 250 Call | GLD 241004C00250000 | N/A | 0.1684 | USD | -7 | -117.88 |
Cash | Cash_USD_56 | Cash | 1 | USD | 457.1046436 | 457.1046436 |