Franklin Templeton Holdings Trust reported a $132.108M net increase in net assets from operations for the year ended March 31, 2026, driven by a $132.648M net realized and unrealized gain on gold partially offset by $0.54M in sponsor fees as disclosed in its 10-K filing.
Financial Highlights
- Net income: $132.108M net increase in net assets resulting from operations for year ended Mar 31, 2026 (comprised of $132.648M net realized & unrealized gain on gold less $0.540M sponsor fee).
- Diluted EPS: Not reported in Part 2 Item 7/Item 8; metric omitted per filing presentation.
- Revenue: Not reported — the fund holds allocated gold bullion and income is driven by net realized/unrealized gains on gold rather than traditional revenue.
Business Highlights
- NAV and gold price momentum: NAV per share rose 47.74% as LBMA PM gold price increased 47.94%, driving significant appreciation in fund assets.
- Capital flows and issuances: Net capital inflows contributed about $156.5M as the fund issued 4.3M shares and redeemed 1.05M shares during the year, expanding fund holdings.
- Operational model and custody: The fund holds allocated LBMA London Good Delivery gold (post-2012) with annual vault audits; the filing notes no cash on hand at period end.
- Fee and expense structure: Sponsor fee is accrued at 0.15% of NAV; the sponsor assumes ordinary fund expenses and sales of gold are used to pay fees when necessary.
Original SEC Filing:
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