iShares Gold Strategy ETF
IAUF
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jun 8, 2018
- CIK
- 0001524513
- Similar Companies
- Business
- iShares Gold Strategy ETF (IAUF) seeks to provide exposure, on a total return basis, to the price performance of gold by holding gold futures contracts and gold exchange-traded products (ETPs). The fund tracks the Bloomberg Gold Index through a portfolio that allocates approximately 76% to the Bloomberg Gold Tracker Total Return Index, which invests in liquid gold futures contracts traded on the CME (excluding the October contract for liquidity reasons), and 24% to the iShares Gold Trust (IAU); these futures positions are held via a wholly-owned Cayman Islands subsidiary. Its holdings include BlackRock Cash Funds Treasury SL Agency, USD cash, and futures USD margin balances, with a net expense ratio of 0.25% and tax treatment providing 1099 forms rather than K-1s, along with standard capital gains rates instead of collectibles taxation. Launched on June 6, 2018, by BlackRock Fund Advisors as part of the iShares U.S. ETF Trust and listed on BATS, the ETF operated primarily in the U.S. market, targeting investors seeking commodity exposure without physical gold ownership. In a significant recent development, BlackRock announced the termination and liquidation of IAUF on June 7, 2024, with trading ceasing after market close on August 12, 2024, followed by an initial cash distribution of $63.129929 per share on August 15, 2024, and confirmation of no further payments, marking the fund's closure. Prior to delisting, the fund managed approximately $47-50 million in assets with around 750,000 shares outstanding.