NYSEARCA:USE

USCF Energy Commodity Strategy Absolute Return Fund (USE) Price, Holdings, & News

$38.65
-0.19 (-0.49%)
(As of 04/24/2024 ET)
Today's Range
$38.65
$38.65
50-Day Range
$35.09
$39.43
52-Week Range
$29.62
$39.43
Volume
6 shs
Average Volume
214 shs
Market Capitalization
$3.87 million
Assets Under Management
$3.86 million
Dividend Yield
N/A
Net Expense Ratio
0.79%

About USCF Energy Commodity Strategy Absolute Return Fund

The USCF Energy Commodity Strategy Absolute Return Fund (USE) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that provides exposure to oil, petroleum, and natural gas through long, short, or spread positions in energy-related derivatives and other commodity-linked investments. USE was launched on May 4, 2023 and is managed by Marygold.

USE Stock Price History

USE ETF News Headlines

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Fund Details

Issuer
US Commodity Funds
Fund Name
USCF Energy Commodity Strategy Absolute Return Fund
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:USE
Inception Date
5/4/2023
Fund Manager
Andrew Ngim, Darius Coby, Seth Lancaster
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Sector
Focus
Energy
Development Level
Blended Development
Region
Global
Number of Holdings
5

Fund Statistics

Assets Under Management
$3.86 million
Average Daily Volume
$0.00
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
USCF Advisers, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Jane Street

Miscellaneous

Beta
N/A
Creation Unit
25,000
Creation Fee
$350.00
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USCF Energy Commodity Strategy Absolute Return Fund Expenses

TypeUSEEnergy ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.79%0.61%0.66%0.50%0.51%
Other Expenses0.00%0.25%0.27%0.64%0.58%
Total Expense0.79%0.69%0.77%0.74%0.70%
Fee Waiver0.00%-0.20%-0.18%-0.68%-0.57%
Net Expense0.79%0.71%0.70%0.58%0.58%

USCF Energy Commodity Strategy Absolute Return Fund (USE) Holdings

Top 6 USE Holdings

  • United States Treasury Bills 0%
    Holding Weight: 32.52%
  • United States Treasury Bills 0%
    Holding Weight: 24.79%
  • Uscf Cayman Commodity 3
    Holding Weight: 21.86%
  • United States Treasury Bills 0%
    Holding Weight: 18.17%
  • Bny Cash Reserve
    Holding Weight: 2.60%
  • Us Dollars
    Holding Weight: 0.05%

USE ETF - Frequently Asked Questions

How have USE shares performed in 2024?

USCF Energy Commodity Strategy Absolute Return Fund's stock was trading at $31.54 on January 1st, 2024. Since then, USE shares have increased by 22.5% and is now trading at $38.6505.
View the best growth stocks for 2024 here
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What does USE invest in?

USCF Energy Commodity Strategy Absolute Return Fund is a commodities fund issued by US Commodity Funds. USE focuses on energy investments. The fund's investments total to approximately $3.86 million assets under management.

What is the management fee for USCF Energy Commodity Strategy Absolute Return Fund?

USCF Energy Commodity Strategy Absolute Return Fund's management fee is 0.79% and has no other recorded expenses or fee waivers. The net expense ratio for USE is 0.79%.

How do I buy shares of USCF Energy Commodity Strategy Absolute Return Fund?

Shares of USE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:USE) was last updated on 4/25/2024 by MarketBeat.com Staff

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