# EDGAR Filing Document

**Accession Number:** 0000770200
**File Stem:** 0000910472-26-002189
**Filing Date:** 2026-2
**Character Count:** 12593
**Document Hash:** d959eb0357bc3b6f782f53dff2fc52e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002189.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000910472-26-002189

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Midas Series Trust
- **CENTRAL INDEX KEY:** 0000770200

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04316
- **FILM NUMBER:** 26668184

**BUSINESS ADDRESS:**
- **STREET 1:** 17 OLD DREWSVILLE ROAD
- **CITY:** WALPOLE
- **STATE:** NH
- **BUSINESS PHONE:** 2127850900

**MAIL ADDRESS:**
- **STREET 1:** 17 OLD DREWSVILLE ROAD
- **CITY:** WALPOLE
- **STATE:** NH

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MIDAS FUND, INC.
- **DATE OF NAME CHANGE:** 20060215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MIDAS FUND INC
- **DATE OF NAME CHANGE:** 19951201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXCEL MIDAS GOLD SHARES INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Midas Discovery (Series ID: S000011692)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000032073 | Midas Discovery | MIDSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Midas Series Trust

- **b. Investment Company Act file number:** 811-04316

- **c. CIK number of Registrant:** 0000770200

- **d. LEI of Registrant:** 5493004WN0ION44ZO220

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 17 Old Drewsville Rd

  - **City:** Wapole

  - **State:** NH

  - **Foreign country:** US

  - **Zip / Postal Code:** 03608

  - **Telephone number:** 212-785-0900

**Item A.2. Information about the Series.**

- **a. Name of Series:** MIDAS DISCOVERY

- **b. EDGAR series identifier (if any):** S000011692

- **c. LEI of Series:** 5493000RU0BTTHWLBX04

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $48219306.00

**Total Liabilities:** $4159566.00

**Net Assets:** $44059740.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032073 | -3.40%               | 16.55%               | 5.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1253135.44              | $-2397193.34                               |
| Month 2  | $1024677.43              | $4596234.10                                |
| Month 3  | $-0.01                   | $2088387.56                                |

### Schedule of Portfolio Investments

| Name                                | Title                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Agnico Eagle Mines Ltd              | Agnico Eagle Mines Ltd.                 | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     30000 | NS      | $5085900.00   | 11.54%            |  |  |  | No            |                  1 | On Loan: No      |
| B2Gold Corp.                        | B2Gold Corporation                      | CUSIP: 11777Q209<br>LEI: 549300F7OK456M5NLM05 | Long             | EC               | CORP              | CA        |    300000 | NS      | $1353000.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DPM Metals Inc.                     | DPM Metals, Inc.                        | CUSIP: 26139R109<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |     98000 | NS      | $3030160.00   | 6.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Eldorado Gold Corp                  | Eldorado Gold Corporation               | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |     25000 | NS      | $898000.00    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco Nevada Corp                  | Franco-Nevada Corporation               | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |      8000 | NS      | $1658240.00   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| IAMGOLD Corp                        | IAMGOLD Corporation                     | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |    150000 | NS      | $2473500.00   | 5.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Silver Trust                | iShares Silver Trust                    | CUSIP: 46428Q109<br>LEI: 549300K2C2CG14B0ZA09 | Long             | EC               | RF                | US        |     21070 | NS      | $1357329.40   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp.                  | Kinross Gold Corporation                | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |     68500 | NS      | $1928960.00   | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Gold Inc                     | Lundin Gold, Inc.                       | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |     50000 | NS      | $4152000.00   | 9.42%             |  |  |  | No            |                  1 | On Loan: No      |
| McEwen Inc.                         | McEwen Mining, Inc.                     | CUSIP: 58039P305<br>LEI: 5493000FX50GEWAF3U70 | Long             | EC               | CORP              | US        |     47500 | NS      | $879225.00    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Resolute Mining Ltd.                | Resolute Mining Ltd.                    | CUSIP: Q81068100<br>LEI: 254900MP8JONT590XY28 | Long             | EC               | CORP              | AU        |    925000 | NS      | $756172.84    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                 | Newmont Corporation                     | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     18000 | NS      | $1797300.00   | 4.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanaGold Corp.                    | OceanaGold Corporation                  | CUSIP: 675222400<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |     66667 | NS      | $1889959.92   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold, Inc.                    | Royal Gold, Inc.                        | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      8400 | NS      | $1867236.00   | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Gold Trust                     | SPDR Gold Shares                        | CUSIP: 78463V107<br>LEI: N/A                  | Long             | EC               | RF                | US        |      3290 | NS      | $1303859.90   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Triple Flag Precious Metals Corp.   | Triple Flag Precious Metals Corporation | CUSIP: 89679M104<br>LEI: 254900R7NJ1TEYIM4E61 | Long             | EC               | CORP              | CA        |     54000 | NS      | $1793880.00   | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria Gold Corp                  | Victoria Gold Corporation/Vancouver     | CUSIP: 92625W507<br>LEI: 9845005Q1367V3D4N057 | Long             | EC               | CORP              | CA        |     72000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesdome Gold Mines Ltd.             | Wesdome Gold Mines Ltd.                 | CUSIP: 95083R100<br>LEI: 529900DCBALMLHZPLR10 | Long             | EC               | CORP              | CA        |    102000 | NS      | $1690140.00   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corporation | Wheaton Precious Metals Corporation     | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     15700 | NS      | $1845064.00   | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Mining Ltd.               | Evolution Mining Ltd.                   | CUSIP: Q3647R147<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |    319554 | NS      | $2704000.48   | 6.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Perseus Mining Ltd.                 | Perseus Mining Ltd.                     | CUSIP: Q74174105<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |    373000 | NS      | $1364597.68   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Torex Gold Resources Inc            | Torex Gold Resources, Inc.              | CUSIP: 891054603<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |     39000 | NS      | $1862786.68   | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Mining PLC                | Endeavour Mining plc                    | CUSIP: G3042J105<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |     38000 | NS      | $1957366.80   | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Vault Minerals Ltd.                 | Vault Minerals Ltd.                     | CUSIP: Q80507348<br>LEI: 5299008TF8KHQ8CIQG34 | Long             | EC               | CORP              | AU        |    303776 | NS      | $1106851.49   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| G Mining Ventures Corp              | G Mining Ventures Corporation           | CUSIP: 36270K102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     52500 | NS      | $1587430.86   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Aura Minerals Inc (Vg)              | Aura Minerals, Inc.                     | CUSIP: G06973112<br>LEI: 549300YIRI8PSDM2FV20 | Long             | EC               | CORP              | US        |     35000 | NS      | $1764525.00   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                 | Reich & Tang Deposit Account            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |       107 | PA      | $106.94       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** Midas Series Trust

**Signature:** Russell Kamerman

**Name of Signer:** Russell Kamerman

**Title:** General Counsel