Quarterly ResultMay 8, 2026, 07:37 AM
GraniteShares Platinum Trust 9-Month Net Assets +159% to $220.7M
AI Summary
GraniteShares Platinum Trust reported a significant increase in net assets and net asset value per share for the nine months ended March 31, 2026. Net assets grew by 159.06% to $220.7 million, driven by an 83.97% increase in shares outstanding and a 41.33% rise in platinum prices. However, for the third quarter alone, net assets decreased by 5.60% to $220.7 million, primarily due to a 5.87% decline in platinum prices and an unrealized loss of $35.4 million.
Key Highlights
- Nine-month net assets increased by 159.06% to $220.7 million as of March 31, 2026.
- Nine-month net asset value per share increased by 40.81% to $18.32.
- Nine-month platinum price increased by 41.33% to $1,908.00 per ounce.
- Nine-month shares outstanding increased by 83.97% to 12,050,000.
- Q3 net assets decreased by 5.60% to $220.7 million.
- Q3 net asset value per share decreased by 6.00% to $18.32.
- Q3 net decrease in net assets from operations was $25.7 million due to an unrealized loss of $35.4 million.