v3.25.4
Statements of Assets and Liabilities - USD ($)
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Investment in palladium (cost: December 31, 2025: $797,137; December 31, 2024: $490,759) $ 1,000,375,000 $ 354,243,000
Palladium receivable 35,582,903 0
Total assets 1,035,958,000 354,243,000
LIABILITIES    
Fees payable to Sponsor 495,411 185,243
Total liabilities 495,000 185,000
NET ASSETS [1] $ 1,035,462,000 $ 354,058,000
[1] Authorized share capital is Unlimited with no par value per Share. Shares issued and outstanding at December 31, 2025 were 7,275,000 and at December 31, 2024 were 4,262,500. Net asset values per Share at December 31, 2025 and December 31, 2024 were $142.33 and $83.06, respectively.