other material
confidence high
sentiment positive
materiality 0.60
UNG reports net income of $215.4M for June; NAV per share $7.46
United States Natural Gas Fund, LP
- Net income of $215.4M for June 2023, driven by unrealized gains of $164.8M on futures and swaps.
- Total income $216.3M; expenses $0.9M.
- End-of-month NAV $1.12B ($7.46/share) on 150.1M shares, up from $1.01B.
- Net redemption of 12.6M shares in June (18.1M creations, 30.7M redemptions).