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About U.S. Global Investors
U.S. Global Investors (GROW) is a registered investment adviser with a storied legacy spanning over five decades. Originating as an investment club, the firm has evolved into a sophisticated global investment manager headquartered in San Antonio, Texas, and helmed by CEO Frank Holmes since 1989. The company has consistently leveraged its extensive market experience to provide innovative investment products and specialized services tailored to both individual and institutional investors.
Core Business and Investment Strategy
The firm’s primary focus is on investment management services and strategic corporate investments. Its revenue is predominantly generated through advisory fees associated with managing U.S. Global Investors Funds and a diversified suite of thematic exchange-traded funds (ETFs). A pivotal element of its strategy is the adoption of the Smart Beta 2.0 approach— an advanced methodology that blends passive investment techniques with dynamic, factor-based quantitative analysis to construct resilient and diversified portfolios.
Specialized Market Focus
U.S. Global Investors has carved out a distinguished niche by specializing in sectors that include gold and precious metals, natural resources, and emerging markets. Their innovative suite of thematic ETFs extends to industries such as global airlines, travel, technology, and aerospace-defense. This focused expertise enables the firm to capture and exploit unique market trends using both quantitative metrics and thorough fundamental analysis.
Global Presence and Industry Position
Operating in a complex global market, the company has adeptly navigated economic cycles and sector-specific challenges by emphasizing rigorous research, transparent governance, and a disciplined investment methodology. Its global presence is underscored by a series of pioneering thematic investment products that offer exposure to high-conviction sectors, thereby setting the firm apart in a competitive advisory landscape.
Commitment to Transparency and Shareholder Value
The firm maintains a steadfast commitment to transparency and robust corporate governance. U.S. Global Investors consistently demonstrates its focus on enhancing shareholder value through meticulously structured dividend policies and strategic share repurchase programs. This commitment, combined with its long-term disciplined investment approach, reinforces its trustworthiness and reliability among investors.
Expertise, Experience, and Trustworthiness
With over 50 years of market experience, U.S. Global Investors is recognized for its deep expertise and innovative investment strategies. The integration of its Smart Beta 2.0 framework allows the firm to adeptly balance risk and reward, ensuring that its investment products remain resilient in volatile markets. This blend of accumulated experience, strategic market focus, and rigorous analytical foundations forms the bedrock of its reputation as a trusted global investment adviser.
U.S. Global Investors, Inc. (GROW) announced its continuation of monthly dividends, declaring $0.0075 per share for October 2021, marking over 12 years of consistent payouts. The record date for this dividend is October 11, with payments scheduled for October 25. The annualized yield based on the October 20 closing price of $6.42 is 1.40%. Additionally, the company has a stock repurchase program authorizing up to $2.75 million for share buybacks through December 2021.
U.S. Global Investors (GROW) announced a restatement of its consolidated financial statements for the three and nine months ended March 31, 2021, due to non-cash adjustments related to securities held from HIVE Blockchain Technologies. The adjustments will increase total fair value by approximately $5.8 million. Despite this, the company's quarterly operating revenues of $6.4 million remain unchanged. Additionally, GROW received a deficiency notice from Nasdaq for late filing but can submit a compliance plan to regain compliance by December 17, 2021.
U.S. Global Investors, Inc. (GROW) has announced a 50% increase in its monthly dividend, rising from $0.0050 to $0.0075. This increase, effective from October 2021, reflects the Board's confidence in the company’s growth in revenues and cash flow. The new dividend will be paid monthly through December 2021, with record dates set for October 11, November 15, and December 13, and payment dates on October 25, November 29, and December 27. This marks the second dividend increase in 2021, following an earlier adjustment in February.
U.S. Global Investors (GROW) has partnered with HANetf to launch the U.S. Global Jets UCITS ETF, the first global airlines industry ETF in Europe, now trading on the London Stock Exchange. This follows the launch of a similar ETF on the Mexican Stock Exchange earlier this year. The new ETF aims to attract European investors seeking growth opportunities post-COVID-19, with a focus on recovering leisure travel and rising economic indicators. The ETFs will include stocks from major European airlines, signaling the Company’s ongoing expansion into international markets.
U.S. Global Investors, Inc. (GROW) announces the continuation of its monthly dividend payments, declaring $0.0050 per share starting July 2021 through September 2021. The record dates are July 12, August 16, and September 13, with payment dates on July 26, August 30, and September 27. As of May 28, 2021, this dividend reflects a 0.96% yield based on a closing stock price of $6.22. Future dividends will depend on the company's financial performance and general market conditions, as determined at the discretion of the board.
U.S. Global Investors (NASDAQ: GROW) reported significant financial gains for the quarter ending March 31, 2021. The company achieved total operating revenues of $6.4 million, up 23% QoQ and 595% YoY. Net income surged to $14.2 million, or $0.94 per share, compared to a net loss of $1.6 million a year prior. Assets under management (AUM) reached $4.6 billion, marking over a 590% increase YoY. The U.S. Global Jets ETF (JETS) saw inflows reaching $4.0 billion, driven by a rebound in travel demand due to vaccine rollouts. The company also engaged in investments in HIVE Blockchain Technologies.
U.S. Global Investors (GROW) will host a webcast on May 10, 2021, at 7:30 a.m. CT to discuss its Q3 2021 results. The event will include updates on the company's profitability and the strong performance of its investment products, alongside insights on HIVE Blockchain Technologies, which offers strategic exposure to the cryptocurrency market. Financial figures for the quarter will be released prior to the webcast. Key executives will present various highlights, including financial metrics and media strategies.
U.S. Global Investors, Inc. (Nasdaq: GROW) will host a webcast on May 10, 2021, at 7:30 a.m. Central time to discuss its third-quarter 2021 results. Financial data will be released prior to the event. CEO Frank Holmes will update on profitability and investment product performance, while CFO Lisa Callicotte will provide financial highlights for the quarter ending March 31, 2021. Marketing manager Holly Schoenfeldt will share insights on the company's media strategy. For more details, visit www.usfunds.com.
U.S. Global Investors, a registered investment advisory firm, announced that its airlines ETF, the U.S. Global Jets ETF (JETS), is now cross-listed on the Mexican Stock Exchange (BMV). This listing expands JETS' global reach, allowing Mexican investors to access the fund. JETS has seen significant growth, reaching $4.16 billion in assets under management as of April 7, 2021, representing a 1,150% increase from the previous year. The CEO expressed optimism for the airline industry in 2021 due to rising vaccination rates and increasing demand for air travel.
U.S. Global Investors, Inc. (GROW) has announced the continuation of its monthly dividend payments, maintaining a rate of $0.0050 per share from April through June 2021. This follows a recent 100% increase in the dividend amount, effective February 2021, which raised the monthly payout from $0.0025 per share. The annualized yield at the March 17, 2021 closing price of $7.90 stands at 0.76%. Future dividends will be assessed by the board based on the company's financial performance and other critical factors.
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