UGA reports July 2023 net income of $11.6M; NAV per share $73.10

United States Gasoline Fund, LP

Net income for July 2023 was $11,557,529, driven by $11.3M trading gains (realized + unrealized).
NAV per share at month end $73.10, up from beginning of month $68.85 (est.) on 1,050,000 shares.
Total income $11.6M, expenses $79K (0.7% of income); net profit margin 99.3%.
Withdrawals of 50,000 shares for $3.65M during the month; no new subscriptions.

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