Franklin Responsibly Sourced Gold ETF
FGDL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Jun 30, 2022
- CIK
- 0001858258
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that seeks to reflect the performance of the price of gold bullion, less the Fund's expenses, by holding physical London Good Delivery gold bars sourced in accordance with the London Bullion Market Association’s (LBMA) Responsible Gold Guidance; these bars are refined on or after January 1, 2012, by LBMA-accredited refiners demonstrating efforts to respect the environment, combat money laundering, terrorist financing, and human rights abuses. The Fund operates as a series of Franklin Templeton Holdings Trust, a Delaware statutory trust formed on April 19, 2021, with shares listed on NYSE Arca under the ticker FGDL (changed from FGLD effective May 19, 2023). Franklin Holdings, LLC serves as sponsor, JPMorgan Chase Bank, N.A. (London branch) as gold custodian, BNY Mellon as administrator and transfer agent, Delaware Trust Company as trustee, and Franklin Distributors, LLC as marketing agent. The ETF targets investors seeking exposure to gold as a portfolio diversifier with low correlation to traditional stocks and bonds, emphasizing responsible sourcing due diligence aligned with LBMA standards; it is not actively managed, holds no other assets beyond gold bullion (stored in London), and is benchmarked to the LBMA Gold Price PM. Launched on June 30, 2022, by Franklin Templeton, a global investment manager headquartered in San Mateo, California, with operations in over 30 countries, the Fund maintains total net assets of approximately $432.72 million as of December 2025, with 103,261.96 ounces of gold in trust and an expense ratio of 15 basis points. In recent developments, the Fund reported net asset value growth for the nine months ended December 31, 2024, driven by gold price appreciation yielding approximately $10.4 million in realized and unrealized gains, alongside share creations and redemptions totaling 1 million net new shares; performance through November 30, 2025, showed a 59.11% one-year return and 28.32% since inception. No major acquisitions, partnerships, or strategic shifts have been announced in the last 1-2 years beyond routine operational updates, such as quarterly filings and ongoing compliance with LBMA sourcing protocols amid sustained investor demand for ESG-aligned gold exposure.