Franklin Templeton Reports Significant Growth in Responsibly Sourced Gold ETF for Fiscal Year Ending March 31, 2026

Franklin Templeton Holdings Trust has reported significant financial performance for the fiscal year ending March 31, 2026, with the Franklin Responsibly Sourced Gold ETF (the "Fund") achieving a net asset value (NAV) of approximately $475.6 million, up from $186.9 million in the previous year. The Fund's NAV per share increased by 47.74%, rising from $41.54 to $61.37, primarily driven by a 47.94% increase in the price of gold, which reached $4,608.35 per ounce by the end of the fiscal year. The Fund's total assets included 103,215.624 ounces of gold valued at $475,653,721, reflecting a cost basis of $319,559,905.

In terms of operational changes, the Fund issued 4.3 million shares in exchange for 57,308.239 ounces of gold and redeemed 1.05 million shares for 13,988.775 ounces of gold during the fiscal year. The net realized and unrealized gains on investments in gold amounted to approximately $132.6 million, which included a realized gain of $150,444 from gold sales to cover the Sponsor's fee and a net change in unrealized appreciation of $114.4 million. The Sponsor's fee for the year was $540,465, which is 0.15% of the daily NAV.

The Fund's operational metrics indicate a growing interest in its offerings, with the number of shares outstanding increasing from 4.5 million to 7.75 million over the year. The Fund's strategy focuses on holding only responsibly sourced gold, defined as gold bullion bars refined on or after January 1, 2012, in compliance with the London Bullion Market Association's Responsible Gold Guidance. The Fund's custodian, JPMorgan Chase Bank, is responsible for the safekeeping of the gold, while BNY Mellon Asset Servicing acts as the administrator and transfer agent.

Looking ahead, the Fund's management remains cautious about market conditions, particularly the volatility of gold prices, which can significantly impact the value of the shares. The Fund does not generate income and relies on the sale of gold to cover expenses, which may lead to a gradual decline in the amount of gold represented by each share over time. The Sponsor has indicated that it will continue to monitor market conditions and adjust its strategies accordingly, although it does not anticipate any immediate changes to its operational framework.