abrdn Precious Metals Basket ETF Trust filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 6, 2026, reporting total net assets of $2,604,985 thousand and 13,900,000 shares outstanding.

Key Highlights

  • Net assets of $2,604,985 thousand as of September 30, 2026, up from $2,577,423 thousand at December 31, 2025, according to the filing.
  • Net asset value per share fell to $187.41 at September 30, 2026, compared with $206.19 at December 31, 2025.
  • Nine-month net loss from operations of $296,008 thousand for the period ended September 30, 2026, driven by a $314,555 thousand unrealized loss on bullion.
  • Gold represented 60.76% of net assets, silver 32.40%, palladium 3.56%, and platinum 3.33% as of September 30, 2026.
  • Shares outstanding increased to 13,900,000 from 12,500,000 at December 31, 2025, reflecting 1,700,000 creations and 300,000 redemptions over the nine-month period.
  • Total sponsor's fee expense was $12,823 thousand for the nine months ended September 30, 2026, compared with $6,211 thousand for the same period in 2025.
  • Nine-month total return on a net asset value basis was -9.11%, compared with 49.66% for the nine months ended September 30, 2025.

abrdn Precious Metals Basket ETF Trust: Q3 2026 Bullion Holdings and Financial Performance

According to the filing, NYSE Arca:GLTR held total bullion valued at $2,606,273 thousand as of September 30, 2026, with gold at a fair value of $1,582,978 thousand (379,038.4 oz), silver at $844,030 thousand (13,898,074.2 oz), palladium at $92,637 thousand (75,807.7 oz), and platinum at $86,628 thousand (50,538.5 oz). The trust's only liability was a sponsor's fee payable of $1,288 thousand.

The filing reports that for the three months ended September 30, 2026, the change in net assets from operations was positive at $84,192 thousand, supported by a $79,650 thousand unrealized gain and $6,974 thousand realized gain on bullion distributed for share redemptions. By contrast, the nine-month period reflected a $296,008 thousand net decrease from operations, primarily because the unrealized gain on bullion swung to a loss of $314,555 thousand from a gain of $551,977 thousand in the same period of 2025. The expense ratio was 0.60%, annualized, in both comparable periods.

The trust disclosed it holds bullion in set ratios: for every 0.03 ounces of gold, it holds 1.1 ounces of silver, 0.004 ounces of platinum, and 0.006 ounces of palladium. Shares are issued in minimum blocks of 25,000 shares, referred to as Baskets, effective June 18, 2024. As of November 5, 2026, the trust reported 13,850,000 shares outstanding, slightly below the 13,900,000 recorded at the September 30, 2026 period end.

What Was Disclosed

abrdn Precious Metals Basket ETF Trust disclosed its unaudited financial statements for the quarter ended September 30, 2026, covering net assets, bullion holdings by metal, share activity, operating results, and financial highlights including per-share data and total return figures.