Sprott Physical Gold Trust is a closed-end mutual fund trust organized under the laws of Ontario, Canada, that invests and holds substantially all of its assets in physical gold bullion. The Trust provides a secure, convenient, and exchange-traded investment alternative for investors seeking exposure to physical gold without the logistics of direct bullion ownership. Its units trade on both the NYSE Arca and the Toronto Stock Exchange under the ticker symbols PHYS and PHYS.U. The Trust exclusively purchases London Bullion Market Association (LBMA) 'Good Delivery Bars,' which are stored at the Royal Canadian Mint acting as custodian. Sprott Asset Management LP serves as the Trust's manager, charging an annualized management fee of 0.35% of net assets. Units may be redeemed monthly for physical gold bullion at 100% of NAV or for cash at 95% of the lesser of the trailing five-day VWAP or NAV. As of June 30, 2026, the Trust held approximately 3.67 million troy ounces of gold bullion valued at approximately $14.7 billion. Updated
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Sprott Physical Gold Trust is a closed-end mutual fund trust organized under the laws of Ontario, Canada, that invests and holds substantially all of its assets in physical gold bullion.