Key stats
About United States Gasoline Fund LP
Expense ratio
0.97%
Home page
Inception date
Feb 26, 2008
ISIN
US91201T1025
UGA is the first ETP in the gasoline commodity space. The fund holds near-month futures contract on RBOB gasoline that is for delivery to the New York harbor, and rolls expiring front-month contracts to the next-nearest month. UGA invests primarily in RBOB futures contracts traded on the New York Mercantile Exchange (NYMEX), and may invest in forwards and swap contracts. As an ETF, UGA is structured as a commodities pool, so cap gains are taxed at a blended 60% long-term/40% short-term rate regardless of the holding period, and investors receive a K-1 at tax time.
Classification
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.23%
Futures49.77%
