Sprott Active Gold & Silver Miners ETF
GBUG
NASDAQ- -
USD
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- -
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
- 320 Post Road, Suite 230 Darien CT United States of America 6820
- IPO Date
- Feb 20, 2025
- Website
- gsam.com
- Similar Companies
- Business
- Sprott Active Gold & Silver Miners ETF (Nasdaq: GBUG) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its net assets in shares of gold- and silver-focused companies engaged in exploring, developing, and mining gold or silver, as well as royalty and streaming companies that finance gold and silver assets; the fund employs a value-oriented and contrarian investment strategy managed by Sprott Asset Management USA, Inc., leveraging over four decades of the firm's specialized expertise in precious metals and mining investments. GBUG, which lists on Nasdaq with a net expense ratio of 0.89%, targets companies deriving at least 50% of revenue or assets from gold or silver activities, including producers, developers, explorers, and financiers; its portfolio typically comprises 30-35 holdings, with recent allocations emphasizing gold equities (approximately 84%), silver equities (6%), and precious metals equities (7%), alongside select base metals and platinum group exposures, featuring holdings such as G Mining Ventures Corp., OceanaGold Corp., and Wheaton Precious Metals Corp. Launched on February 19, 2025, with headquarters for its investment adviser at 320 Post Road, Suite 230, Darien, CT 06820, the ETF operates globally, selecting securities from companies listed on major exchanges worldwide, including Canada, the U.S., Australia, and others. In a significant milestone, GBUG reached $100 million in assets under management as of September 22, 2025, just over seven months after inception, reflecting strong investor enthusiasm amid surging gold and silver bullion prices and outperformance by mining equities. As Sprott's inaugural actively managed ETF within its suite of precious metals products—which includes the Sprott Gold Miners ETF (SGDM), Sprott Junior Gold Miners ETF (SGDJ), and Sprott Silver Miners & Physical Silver ETF (SLVR)—GBUG benefits from a seasoned investment team led by John Hathaway, Maria Smirnova, Shree Kargutkar, Justin Tolman, and Victor Huwang, who collectively possess over 100 years of experience, conduct more than 200 annual management meetings, and perform global site visits. The fund distributed ordinary income of $0.68 per share in December 2025 and continues to demonstrate robust growth, with total net assets exceeding $144 million and since-inception NAV cumulative returns of approximately 120% as of December 17, 2025.