Quarterly ResultMay 8, 2026, 02:02 PM
United States Gasoline Fund Q1 Net Income $58.2M; Total Return 67.46%
AI Summary
United States Gasoline Fund, LP reported a substantial increase in net income to $58.24 million for the three months ended March 31, 2026, a significant rise from $2.07 million in the prior year. The fund achieved a total return of 67.46% for the quarter, driven by strong realized and unrealized gains on commodity futures contracts. Total assets grew to $150.17 million, and net asset value per share increased to $103.44.
Key Highlights
- Net Income for Q1 2026 was $58.24 million, compared to $2.07 million in Q1 2025.
- Total Return for Q1 2026 was 67.46%, up from 2.13% in Q1 2025.
- Net asset value per share reached $103.44 at March 31, 2026, from $61.77 at December 31, 2025.
- Total Assets increased to $150.17 million at March 31, 2026, from $77.46 million at December 31, 2025.
- Realized gain on closed commodity futures contracts was $52.86 million in Q1 2026.
- Unrealized gain on open commodity futures contracts was $5.45 million at March 31, 2026.
- Limited Partners' shares outstanding increased to 1,450,000 at March 31, 2026.