other material
confidence high
sentiment neutral
materiality 0.35
USO reports net income $90.9M for June; NAV $79.63
United States Oil Fund, LP
- Net income $90.9M; total income $91.8M, expenses $0.9M.
- Net asset value $1.26B ($79.63/share); net redemptions of $93.9M (1.1M shares) during month.
- Unrealized gain on commodity futures $68.6M; realized swap gain $18.7M; realized futures loss ($0.8M).
- Interest and dividend income $5.3M; management fees $472,661.