Quarterly ResultMay 7, 2026, 03:51 PM
iShares S&P GSCI Trust Q1 Net Assets from Operations $316.7M; NAV $32.23
AI Summary
The iShares S&P GSCI Commodity-Indexed Trust reported a substantial increase in its net assets resulting from operations for the first quarter of 2026, reaching $316.7 million compared to $45.6 million in the prior year. This strong performance was primarily driven by significant net realized and unrealized gains from futures contracts. The Trust's net asset value per share also saw a notable rise to $32.23, contributing to a robust total return of 39.58% for the quarter, despite a decrease in net investment income and a net reduction in shares outstanding.
Key Highlights
- Net increase in net assets from operations was $316,711,031 for Q1 2026, up from $45,558,944 in Q1 2025.
- Net asset value per Share increased to $32.23 at March 31, 2026, from $23.09 at December 31, 2025.
- Total return at net asset value was 39.58% for Q1 2026, significantly up from 4.65% for Q1 2025.
- Net realized gain from futures contracts surged to $227,639,802 in Q1 2026 from $38,182,150 in Q1 2025.
- Net change in unrealized appreciation on futures contracts was $82,570,068 in Q1 2026, reversing a depreciation of $(1,386,063) in Q1 2025.
- Net investment income decreased to $6,758,269 in Q1 2026 from $9,023,634 in Q1 2025.
- Shares issued and outstanding decreased by 15,900,000 in Q1 2026 due to redemptions exceeding issuances.