XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
EXPENSES    
Sponsor’s Fee $ 315,292 $ 419,495
Total expenses 315,000 419,000
Net investment loss (315,000) (419,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized (loss) on palladium transferred to pay expenses (228,000) (73,000)
Realized (loss) on palladium distributed for the redemption of Shares (11,719,000) (6,533,000)
Change in unrealized (loss) on investment in palladium (8,862,000) (41,035,000)
Total (loss) on investment in palladium (20,809,000) (47,641,000)
Change in net assets from operations $ (21,124,000) $ (48,060,000)
Net increase / (decrease) in net assets per Share $ (9.02) $ (24.83)
Weighted average number of Shares 2,342,582 1,935,833