other material
confidence high
sentiment neutral
materiality 0.25
UGA reports January net income of $4.5M; NAV per share $63.77
United States Gasoline Fund, LP
- Net income for January 2024: $4,499,035, driven by $4.6M unrealized gain on futures.
- NAV per share rose to $63.77 from $60.64, based on 1.4M shares outstanding.
- Fund had additions and withdrawals of 50,000 shares each during the month.
- Total expenses were $65,665, with management fees of $44,001.