Every 10-Q that VanEck Merk Gold ETF (OUNZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow OUNZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OUNZ filings page.
VanEck Merk Gold ETF (OUNZ) reports that for the six months ended July 31, 2026, net assets fell from $2.90 billion to $2.54 billion, driven by a decline in gold prices. Net asset value per share decreased 16.37% from $46.56 to $38.94.
The Trust held 626,383 Fine Ounces of gold worth $2.54 billion, representing essentially all assets, and recorded a net decrease in net assets from operations of $491.7 million, mainly from $508.1 million in unrealized depreciation on gold. Sponsor fees were the only recurring expense, at an annualized 0.25% of NAV, paid in shares, with total shares outstanding increasing to 65.2 million.
VanEck Merk Gold ETF reported lower net asset value for the quarter ended April 30, 2026 as gold prices declined. Net assets fell from $2.90 billion on January 31, 2026 to $2.83 billion, while net asset value per share slipped from $46.56 to $44.40, a total return of -4.64%.
The Trust recorded a net decrease in net assets from operations of $139.3 million, driven by $149.5 million in unrealized depreciation on gold bullion, partly offset by $12.0 million of realized gains on gold distributed for redemptions. Sponsor’s fees, the Trust’s only recurring expense, were $1.8 million, reflecting its 0.25% annualized fee.
Gold holdings increased from 600,072 to 612,011 fine ounces through net creations, and shares outstanding rose to 63,638,566. The Trust remains a grantor trust holding physical gold, with returns closely tied to the spot price of gold less operating expenses.
VanEck Merk Gold ETF reports strong performance for the period ended October 31, 2025, as rising gold prices lifted the fund’s net asset value. Net assets increased to $2,282,329,658 from $1,314,597,389 at January 31, 2025, while shares outstanding rose to 59,260,422. The ETF held 570,608 fine ounces of gold worth $2,282,329,687, fully backing its assets with bullion.
Net asset value per share climbed to $38.51, a 21.44% total return for the quarter and 42.58% for the nine months, driven mainly by unrealized appreciation on gold of $381.8 million for the quarter and $612.9 million year-to-date. Other than the 0.25% annual sponsor’s fee, the Trust incurred no operating expenses, so results closely tracked gold’s price movement.
VanEck Merk Gold ETF (OUNZ) reported unaudited quarterly financial information showing growth in assets and net asset value. Total assets increased to $1,093,847,527 from $878,374,184. Net asset value per share rose to $31.71 from $27.01. The filing includes statements of assets and liabilities, statements of operations for three- and six-month periods ended July 31, 2025 and 2024, schedules of investment, and notes. The Trust disclosed creations and redemptions activity, gold bullion contributed and distributed, a realized gain of $4,040,610 from in-kind distributions, and an annual legal expense commitment of $100,000. Management certifications and trustee agreements are filed as exhibits.