other
confidence high
sentiment neutral
materiality 0.25
UGA reports May net loss of $9.35M; NAV per share $64.67
United States Gasoline Fund, LP
- Net loss of $9,352,274 for May 2024; realized trading loss of $10.38M on commodity futures.
- Net asset value dropped to $64.67M from $124.8M, driven by $50.77M in redemptions of 750,000 shares.
- NAV per share at month end: $64.67 (1,000,000 shares outstanding).
- Dividend income $157,099; interest income $211,301; total expenses $69,359.