Monthly UpdateApr 29, 2026, 08:34 AM
USO March 2026 Net Income $794.9M; NAV $2.64B, $126.39/Share
AI Summary
United States Oil Fund, LP (USO) released its monthly account statement for March 2026, reporting a net income of $794.9 million. The fund's Net Asset Value (NAV) increased to $2.64 billion by the end of the month, with NAV per share reaching $126.39. The positive performance was primarily driven by significant realized and unrealized gains from commodity futures and swap contracts.
Key Highlights
- Net Income for March 2026 was $794,871,479.
- Net Asset Value (NAV) at month-end was $2,644,609,680.
- NAV Per Share was $126.39, based on 20,923,603 shares.
- Total Income for the month was $796,088,534.
- Realized Trading Gain on Commodity Futures was $421,578,821.
- Unrealized Gain on Market Value of Commodity Futures was $285,459,350.
- Total Expenses for the month amounted to $1,217,055.