Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
United States Gasoline Fund LP ( (UGA) ) just unveiled an announcement.
On April 29, 2026, United States Gasoline Fund, LP reported its monthly results for March 2026, showing net income of $44.1 million driven largely by $44.9 million in realized gains on gasoline futures, partly offset by a small unrealized loss, with additional contributions from dividend and interest income. Over the month, net asset value rose from $105.3 million to $150.0 million, reflecting both trading performance and share activity, and ending with a net asset value of $103.44 per share as the chief financial officer certified the accuracy of the figures for limited partners.
The fund recorded modest operating expenses of $96,673, including management, professional, and brokerage fees, which had minimal impact on overall profitability for March 2026. Share additions and withdrawals effectively netted out, underscoring that the sharp increase in net asset value was primarily performance-driven, highlighting strong recent positioning in gasoline futures markets and a notable uplift for investors over the month.
More about United States Gasoline Fund LP
United States Gasoline Fund, LP is a commodity pool that offers investors exposure to gasoline prices primarily through investments in gasoline futures contracts. Structured as an exchange-traded product, it targets investors seeking to track movements in the gasoline market rather than owning physical fuel, positioning the fund within the broader energy commodities and ETF landscape.
Average Trading Volume: 80,658
Current Market Cap: $126.7M
See more data about UGA stock on TipRanks’ Stock Analysis page.
