Sprott Physical Gold & Silver Trust (CEF) Operating Expenses (2018 - 2026)

Sprott Physical Gold & Silver Trust's Operating Expenses history runs 9 years deep, the most recent figure standing at $11.4 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 76.88% year-over-year to $11.4 million in Q1 2026; TTM through Mar 2026 was $35.0 million, a 43.04% increase from a year earlier, with the FY2025 full-year figure at $30.1 million, up 30.3% from the prior year.
• Operating Expenses improved to $11.4 million in Q1 2026 per CEF's latest filing, from $8.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $11.4 million in Q1 2026 and bottomed at -$15.3 million in Q4 2023.
• The 5-year median for Operating Expenses is $5.2 million (2023), against an average of $3.8 million.
• Across the five-year window, Operating Expenses dropped 12.4% in 2022 and surged 141.2% in 2024, its largest moves.
• Year by year, Operating Expenses stood at -$14.6 million in 2022, then retreated by 4.79% to -$15.3 million in 2023, then surged by 141.2% to $6.3 million in 2024, then soared by 40.42% to $8.8 million in 2025, then rose by 28.45% to $11.4 million in 2026.
• Per Business Quant, the three latest CEF Operating Expenses figures stand at $11.4 million (Q1 2026), $8.8 million (Q4 2025), and $7.7 million (Q3 2025).