UGAUnited States Gasoline Fund LP
UGA Fund Description
UGA holds near-month NYMEX futures contracts on reformulated gasoline blendstock for oxygen blending (RBOB) gasoline.
UGA Factset Analytics Insight
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.
UGA Summary Data
UGA Portfolio Data
UGA Index Data
UGA Portfolio Management
UGA Tax Exposures
UGA Fund Structure
UGA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UGA. UGA is rated a 5 out of 5.
UGA Sector Breakdown
UGA Top 10 Targeted Commodity Weights
UGA Tenor Strategy
UGA invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.
UGA Rolling Strategy
UGA is rolled over the course of one day.