EX-99.1 2 tm2016030d5_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1 

 

United States Gasoline Fund, LP

Monthly Account Statement

For the Month Ended March 31, 2020

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Futures  $(18,960,774)
Realized Trading Gain (Loss) on Short-Term Investments   7,626 
Unrealized Gain (Loss) on Market Value of Futures   914,424 
Dividend Income   427 
Interest Income   24,310 
ETF Transaction Fees   5,250 
Total Income (Loss)  $(18,008,737)
      
Expenses     
General Partner Management Fees  $10,981 
Professional Fees   3,823 
Brokerage Commissions   7,552 
Non-interested Directors' Fees and Expenses   284 
Prepaid Insurance Expense   322 
NYMEX License Fee   275 
Total Expenses   23,237 
Expense Waiver   (9,510)
Net Expenses  $13,727 
Net Income (Loss)  $(18,022,464)
      
Statement of Changes in Net Asset Value     
Net Asset Value Beginning of Month 3/1/20  $24,502,054 
Additions (1,950,000 Shares)   24,046,840 
Withdrawals (100,000 Shares)   (1,932,772)
Net Income (Loss)   (18,022,464)
      
Net Asset Value End of Month  $28,593,658 
Net Asset Value Per Share (2,800,000 Shares)  $10.21 

 

To the Limited Partners of United States Gasoline Fund, LP:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended March 31, 2020 is accurate and complete. 

 

/s/ Stuart P. Crumbaugh 

Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States Gasoline Fund, LP   

 

United States Commodity Funds LLC 

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596