secwatch.observer — SEC 8-K summary
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Issuer:     United States Gasoline Fund, LP (UGA)
CIK:        0001396878
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001104659-23-121490
Event type: other_material
Sentiment:  negative
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGA reports net loss of $5.5M for October, NAV per share $62.97
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- Net loss of $5,525,359 for month ended Oct 31, 2023; NAV fell to $66.1M from $77.7M.
- Realized trading loss of $11.8M on commodity futures, partially offset by $6.1M unrealized gain.
- Net asset value per share $62.97 on 1,050,000 shares outstanding.
- Redemptions of 150,000 shares ($9.4M) exceeded additions of 50,000 shares ($3.3M).
- General partner management fees $35,154; total expenses $54,964.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396878/000110465923121490/0001104659-23-121490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396878/000110465923121490/tm2330722d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-121490

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