Symbols

SGDJ

Sprott Junior Gold Miners ETF·ARCA

--(--)

Key Stats

Assets Under Management

300.07MUSD

Fund Flow (1Y)

23.39MUSD

Dividend Yield

8.88%

Discount / Premium to NAV

3.09%

Shares Outstanding

3.83M

Expense Ratio

0.50%

About Sprott Junior Gold Miners ETF

Issuer

Sprott, Inc.

Brand

Sprott

Home Page

https://www.sprottetfs.com/sgdj-sprott-junior-gold-miners-etf

Inception Date

Mar 30, 2015

Structure

Open-Ended Fund

Index Tracked

Solactive Junior Gold Miners Custom Factors Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Sprott Asset Management USA, Inc.

Distributor

ALPS Distributors, Inc.

SGDJ offers exposure to equity in small-cap gold mining firms. These "juniors” have low gold production (developers) or none-as-yet (explorers). The weighting scheme starts with market-cap weights, and then adds or subtracts weight based on 12-month revenue growth for developers and 12-month price momentum for explorers. Firms with favorable scores receive more weight, while those with lower scores have weights removed, but apparently are still retained in the index. Maximum single position is 9% at rebalance (with additional RIC concentration screens). The index is reconstituted and rebalanced semi-annually. Note: Prior to July 22, 2019, the fund tracked the Sprott Zacks Junior Gold Miners Index.