Company: FGDL
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001140361-25-030875
Chunk: 4

Company: Franklin Templeton Holdings Trust
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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      Net investment loss

     (84,273)  
     (25,549) 

      Net realized gain (loss) from gold distributed for the redemption of shares and sold to pay expenses

     2,885,981  
     5,214 

      Net change in unrealized appreciation (depreciation) on investment in gold

     7,202,893  
     3,230,298 

      Net increase (decrease) in net assets resulting from operations

     10,004,601  
     3,209,963 

      Capital Share Transactions:

      Contributions for Shares issued

     45,549,915  
     3,146,487 

      Distributions for Shares redeemed

     (14,608,036)  
      –  

      Net increase (decrease) in net assets from capital share transactions

     30,941,879  
     3,146,487 

      Net assets, end of period

    $227,882,241  
    $68,459,081 

   See accompanying notes to the unaudited combined financial statements.

  9
  

FRANKLIN TEMPLETON HOLDINGS TRUST

    Notes to the Combined Financial Statements (Unaudited)

   1. ORGANIZATION
   
   The Franklin Templeton Holdings Trust (the “Trust”) was organized as a Delaware statutory trust on April 19, 2021 and is governed by the Agreement and Declaration of Trust dated as of May 10, 2022. The Trust is not registered as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”) and is not a commodity pool for purposes of the Commodity Exchange Act (“CEA”). The accompanying financial statements relate to the Trust, as a registrant, and the one series that it currently offers, the Franklin Responsibly Sourced Gold ETF (the “Fund”) presented on a combined basis. Separate, series-level financial statements are provided for the Fund in another section of this report. The Trust had no operations prior to the Fund's launch, other than in connection with the organization and registration of the Fund's shares. Franklin Holdings, LLC is the Sponsor of the Trust and the Fund (the “Sponsor”). The Sponsor is not subject to regulation by the Commodity Futures Trading Commission (“CFTC”)