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Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES        
Value of palladium transferred to pay expenses $ 864,000 $ 733,000 $ 2,495,000 $ 2,148,000
Cost of palladium transferred to pay expenses (767,000) (766,000) (2,197,000) (2,088,000)
Gain / (loss) on palladium transferred to pay expenses 97,000 (33,000) 298,000 60,000
Gain / (loss) on palladium distributed for the redemption of Shares 3,603,000 17,000 9,789,000 (138,000)
Unrealized gain on investment in palladium 0 37,847,000 0 0
Total gain / (loss) on palladium 3,700,000 37,831,000 10,087,000 (78,000)
EXPENSES        
Sponsor’s Fee 887,982 755,706 2,514,032 2,211,017
Total expenses 888,000 756,000 2,514,000 2,211,000
Net gain / (loss) from operations $ 2,812,000 $ 37,075,000 $ 7,573,000 $ (2,289,000)
Net gain / (loss) per Share (in Dollars per Share) $ 0.35 $ 4.52 $ 0.96 $ (0.29)
Weighted average number of Shares (in Shares) 7,964,674 8,204,891 7,850,000 7,826,825