other material
confidence high
sentiment neutral
materiality 0.15
UGA March NAV $71.04, net income $6.6M; monthly account statement filed
United States Gasoline Fund, LP
- Net income of $6.6M for March 2024; NAV per share $71.04 on 1.7M shares.
- NAV rose from $107.0M to $120.8M, driven by net income and net share creations.
- Realized trading gains of $5.7M from commodity futures; unrealized gains of $0.5M.
- Management fees $57k, total expenses $78k; dividend and interest income $485k.