other material
confidence high
sentiment negative
materiality 0.25
UGA reports $3.66M net loss for February 2023; NAV per share $58.87
United States Gasoline Fund, LP
- Net loss of $3.66M for month ended Feb 28, 2023; driven by realized trading loss of $2.1M and unrealized loss of $1.7M.
- Net asset value per share $58.87, down from $61.80 prior month (1.25M shares outstanding).
- Total income (loss) of -$3.59M; dividend income $64.8k and interest income $153.1k.
- Ending NAV $73.59M, compared to $77.25M at start of month.