v3.25.4
Schedules of Investments
$ in Thousands
Dec. 31, 2025
USD ($)
oz
Dec. 31, 2024
USD ($)
oz
Schedule of Investments [Line Items]    
Investment in palladium | oz 638,401.4 389,706.3
Cost $ 797,137 $ 490,759
Fair Value $ 1,000,375 $ 354,243
% of Net Assets 96.61% 100.05%
Other assets less liabilities $ 35,087 $ (185)
Other assets less liabilities, % of Net Assets 3.39% (0.05%)
Net Assets [1] $ 1,035,462 $ 354,058
Net Assets, % of Net Assets 100.00% 100.00%
Palladium [Member]    
Schedule of Investments [Line Items]    
Investment in palladium | oz 638,401.4 389,706.3
Cost $ 797,137 $ 490,759
Fair Value $ 1,000,375 $ 354,243
% of Net Assets 96.61% 100.05%
[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.