Key stats
About USCF ETF Trust USCF Energy Commodity Strategy Absolute Return Fund
Home page
Inception date
May 4, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
USCF Advisers LLC
Distributor
ALPS Distributors, Inc.
USE seeks long-term total return through long, short, or spread positions in energy-related derivatives based on oil, petroleum, and natural gas. The fund may invest in US- and non-US-listed futures, options, swaps, and structured notes directly or indirectly through a wholly-owned Cayman Island Subsidiary, which may not exceed 25% of the funds assets at each fiscal quarter end. As such, investors avoid a K-1 form at tax time. Specifically, the fund intends to hold futures contracts, including but not limited to WTI crude oil, Henry Hub natural gas, NY Harbor ultra-low sulfur diesel, RBOB gasoline, Brent crude oil, and gasoil. The portfolio may also include futures based on clean energy sources. The fund adviser, at its discretion, selects contracts of varying maturities using a quantitative proprietary methodology that utilizes technical, fundamental, and economic signals. The fund holds cash, cash equivalents, and US Treasurys to collateralize its derivative investments
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash77.55%
Futures22.45%
Top 10 holdings
Dividends
Dividend payout history