iShares Silver Trust
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
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
The following tables show the Trust’s quarterly financial information for 2024 and 2023.
| Three Months Ended (Unaudited) | ||||
|---|---|---|---|---|
| March 31, 2024 | June 30, 2024 | September 30, 2024 | December 31, 2024 | |
| Expenses | ||||
| Sponsor’s fee | $12,537,998 | $15,254,121 | $16,928,398 | $18,552,125 |
| Total Expenses | 12,537,998 | 15,254,121 | 16,928,398 | 18,552,125 |
| Net investment loss | (12,537,998) | (15,254,121) | (16,928,398) | (18,552,125) |
| Net Realized and Unrealized Gain (Loss) | ||||
| Net realized gain from: | ||||
| Litigation proceeds(a) | $— | $— | $138,783 | $— |
| Silver bullion sold to pay expenses | 594,406 | 2,597,562 | 2,926,466 | 4,063,141 |
| Silver bullion distributed for the redemption of Shares | 82,149,803 | 413,628,878 | 269,781,344 | 451,289,428 |
| Net realized gain | 82,744,209 | 416,226,440 | 272,846,593 | 455,352,569 |
| Net change in unrealized appreciation/depreciation on investment in silver bullion | 226,214,620 | 1,680,168,086 | 544,712,454 | (1,449,451,434) |
| Net realized and unrealized gain (loss) | 308,958,829 | 2,096,394,526 | 817,559,047 | (994,098,865) |
| Net increase (decrease) in net assets resulting from operations | $296,420,831 | $2,081,140,405 | $800,630,649 | $(1,012,650,990) |
| Net increase (decrease) in net assets per Share | $0.63 | $4.45 | $1.59 | $(1.96) |
| (a) | Represents a payment received from a class action settlement related to silver. |
|---|
| 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 |
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.