USO 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-08-07

• For the Three Months Ended June 30, 2026 Compared to the Three Months Ended June 30, 2025

• Dividend and interest income earned on Treasuries, cash and/or cash equivalents

• Total commissions as annualized percentage of average total net assets

• Portfolio Expenses. USO’s expenses consist of investment management fees, brokerage fees and commissions, certain offering costs, licensing fees, registration fees, the fees and expenses of the independent directors of USCF and expenses relating to tax accounting and reporting requirements. The mana…

• Average interest rates earned on short-term investments held by USO, including cash, cash equivalents and Treasuries, were lower during the three months ended June 30, 2026, compared to the three months ended June 30, 2025. As a result, the amount of income earned by USO as a percentage of average d…

相对上期删除的文字 · 来源:10-Q · 2026-05-08

• The Iran War was the primary driver of crude oil prices during the first quarter of 2026. Global crude oil supply exceeded demand in January and February of 2026. Supply plunged below demand after the start of hostilities and Iran’s closure of the Strait of Hormuz, which threatens approximately 20% …

• USO may purchase OTC swaps in the future periods, see “Item 3 Quantitative and Qualitative Disclosures About Market Risk” in this quarterly report on Form 10-Q for a discussion of OTC swaps.

• As of March 31, 2026, USO held cash deposits and short-term investments in the amount of $2,300,218,065 with the custodian and FCMs. Some or all of these amounts held by a custodian or an FCM, as applicable, may be subject to loss should USO’s custodian or FCMs, as applicable, cease operations.

• As of March 31, 2026, USO had no loan guarantee, credit support or other off-balance sheet arrangements of any kind other than agreements entered into in the normal course of business, which may include indemnification provisions relating to certain risks that service providers undertake in performi…

相对上期新增的文字 · 来源:10-Q · 2026-08-07

• unless otherwise approved by the Board after consultation with its legal counsel. Existing counterparties are also reviewed periodically by USCF. USO will also require that the counterparty be highly rated and/or provide collateral or other credit support. Even if collateral is used to reduce counte…