United States Gasoline Fund (NYSE: UGA) NAV climbs to $72.64
Rhea-AI Filing Summary
United States Gasoline Fund, LP furnished its monthly account statement for the month ended February 28, 2026. The fund generated net income of $5,084,513, driven by realized trading gains on gasoline futures of $4,131,591 and unrealized gains of $771,359, plus dividend and interest income.
Total income was $5,157,736 against relatively modest expenses of $73,223, primarily management and professional fees. Net asset value rose from $86,241,075 at the beginning of the month to $105,327,587 at month-end, reflecting additions of $17,400,522 and withdrawals of $3,398,523. Net asset value per share was $72.64 based on 1,450,000 shares.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What net income did United States Gasoline Fund (UGA) report for February 2026?
United States Gasoline Fund reported net income of $5,084,513 for February 2026. This result came from $5,157,736 in total income, mainly trading gains on gasoline futures, minus $73,223 in expenses including management, professional, and brokerage fees.
How did UGA’s net asset value change in February 2026?
Net asset value increased from $86,241,075 to $105,327,587 in February 2026. The rise reflects net income of $5,084,513, investor additions of $17,400,522, and withdrawals of $3,398,523 over the month, showing substantial asset growth.
What were the main income components for UGA in February 2026?
Income mainly came from $4,131,591 realized trading gains and $771,359 unrealized gains on futures. Additional contributions included $111,689 in dividend income, $140,997 in interest income, and $2,100 in ETF transaction fees, totaling $5,157,736.
How high were United States Gasoline Fund’s expenses in February 2026?
Total expenses were $73,223 for February 2026. These consisted primarily of $43,593 in general partner management fees, $16,340 in professional fees, $7,587 in brokerage commissions, and $4,614 in directors’ fees and insurance, plus $1,089 in license fees.
What additions and withdrawals did UGA record in February 2026?
The fund recorded additions of $17,400,522 and withdrawals of $3,398,523 in February 2026. Additions corresponded to 250,000 shares subscribed, while withdrawals reflected 50,000 shares redeemed, contributing to the overall increase in net asset value.