other
confidence high
sentiment neutral
materiality 0.30
UNG reports Jan 2026 net income of $252.4M; NAV per share $16.88
United States Natural Gas Fund, LP
- Net income of $252.4M driven by $98.9M realized gain on futures and $107.9M unrealized gain.
- Total expenses of $671K; management fees $311K, brokerage commissions $216K.
- Net asset value ended at $446.3M on 26.4M shares outstanding (NAV/share $16.88).
- Additions of 35.7M shares ($389.4M) and withdrawals of 54.4M shares ($746.1M) during month.
- Interest and dividend income combined $1.68M; swap contracts contributed $44.5M realized gain.