iShares Silver Trust
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
SLV$48.14+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data.
The following tables show the Trust’s quarterly financial information for 2023 and 2022.
| Three Months Ended (Unaudited) | ||||
|---|---|---|---|---|
| March 31, 2023 | June 30, 2023 | September 30, 2023 | December 31, 2023 | |
| Expenses | ||||
| Sponsor’s fee | $13,133,630 | $14,120,304 | $13,376,846 | $12,931,043 |
| Total Expenses | 13,133,630 | 14,120,304 | 13,376,846 | 12,931,043 |
| Net investment loss | (13,133,630) | (14,120,304) | (13,376,846) | (12,931,043) |
| Net Realized and Unrealized Gain (Loss) | ||||
| Net realized gain from: | ||||
| Silver bullion sold to pay expenses | $776,041 | $1,318,757 | $1,173,908 | $604,351 |
| Silver bullion distributed for the redemption of Shares | 49,177,274 | 79,642,405 | 94,335,795 | 59,468,789 |
| Net realized gain | 49,953,315 | 80,961,162 | 95,509,703 | 60,073,140 |
| Net change in unrealized appreciation/depreciation on investment in silver bullion | (115,731,699) | (745,821,212) | 220,590,322 | 279,044,220 |
| Net realized and unrealized gain (loss) | (65,778,384) | (664,860,050) | 316,100,025 | 339,117,360 |
| Net increase (decrease) in net assets resulting from operations | $(78,912,014) | $(678,980,354) | $302,723,179 | $326,186,317 |
| Net increase (decrease) in net assets per Share | $(0.15) | $(1.33) | $0.62 | $0.68 |
| Three Months Ended (Unaudited) | ||||
|---|---|---|---|---|
| March 31, 2022 | June 30, 2022 | September 30, 2022 | December 31, 2022 | |
| Expenses | ||||
| Sponsor’s fee | $15,968,507 | $15,936,118 | $11,853,564 | $12,677,107 |
| Total Expenses | 15,968,507 | 15,936,118 | 11,853,564 | 12,677,107 |
| Net investment loss | (15,968,507) | (15,936,118) | (11,853,564) | (12,677,107) |
| Net Realized and Unrealized Gain (Loss) | ||||
| Net realized gain (loss) from: | ||||
| Silver bullion sold to pay expenses | $1,304,282 | $903,438 | $(1,666,752) | $(579,557) |
| Silver bullion distributed for the redemption of Shares | 69,885,981 | 27,647,155 | (253,409,032) | (21,114,739) |
| Net realized gain (loss) | 71,190,263 | 28,550,593 | (255,075,784) | (21,694,296) |
| Net change in unrealized appreciation/depreciation on investment in silver bullion | 874,378,036 | (2,536,190,240) | (489,449,244) | 2,366,708,738 |
| Net realized and unrealized gain (loss) | 945,568,299 | (2,507,639,647) | (744,525,028) | 2,345,014,442 |
| Net increase (decrease) in net assets resulting from operations | $929,599,792 | $(2,523,575,765) | $(756,378,592) | $2,332,337,335 |
| Net increase (decrease) in net assets per Share | $1.59 | $(4.15) | $(1.43) | $4.51 |
See Index to Financial Statements on page F-1 for a list of the financial statements being filed herein.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.