other material
confidence high
sentiment negative
materiality 0.30
United States Gasoline Fund reports net loss of $774K for May 2023; NAV per share $57.89
United States Gasoline Fund, LP
- Net loss of $773,728 for month ended May 31, 2023; realized trading loss of $6.37M offset by unrealized gain of $5.40M.
- Net asset value fell to $69.47M from $73.11M at start of month; NAV per share $57.89 on 1.2M shares.
- Withdrawals of 50,000 shares ($2.87M) occurred during the month.
- Total expenses of $78,232, including $36,333 in management fees and $34,595 in professional fees.