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Overview

Ticker
CUSIP
ISIN US90290T8743
Total Annual Fund Expenses
Trading Increment $0.01
Administrator The Bank of New York Mellon
Distributor ALPS Distributors, Inc.
Investment Adviser USCF Advisers, LLC
Portfolio Managers Andrew F Ngim
Darius Coby
Seth Lancaster
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Fund Summary

The USCF Energy Commodity Strategy Absolute Return Fund seeks long-term total return.

The Fund is an actively managed exchange-traded fund. The Fund seeks long-term total return by using a proprietary methodology to invest in and allocate among energy-related derivative instruments based upon oil, petroleum, and natural gas, as well as other energy-related derivative instruments. Specifically, the Fund anticipates that it will invest in futures contracts including, but not limited to, WTI crude oil, Henry Hub natural gas, NY Harbor ultra-low sulfur diesel (formerly heating oil), RBOB gasoline, Brent crude oil and gasoil. The Fund may also invest in other types of futures contracts, including futures based on “clean energy” sources, such as wind and solar power, as part of this investment strategy. The Fund is not “diversified”.

Key Facts

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Premium Discount (%)
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30-Day SEC Yield as of
30-Day SEC Yield (Unsubsidized) as of
Trailing 12-Month Yield as of
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Performance

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The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.

The Fund's NAV is calculated by dividing the value of the Fund's total assets less total liabilities by the number of shares outstanding. Share price returns are based on closing prices for the Fund and do not represent the returns an investor would receive if shares were traded at other times.

Shares of the fund are bought and sold by individual investors at market price (not NAV) and are not individually redeemed by the Fund. Brokerage commissions apply and will reduce returns. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times.

Bloomberg Energy Subindex Total Return (BCOMENTR): Bloomberg Energy Subindex Total ReturnSM (“BCOMENTR”) is an index that tracks the performance of futures contracts on crude oil, heating oil, unleaded gasoline and natural gas. One cannot invest directly in an index.

USE commenced operations on 05/04/2023.

Growth of $10,000 Investment

This chart shows how a hypothetical investment of $10,000 in the Fund at its inception would have performed versus the performance of the Fund’s benchmark. The values indicate what $10,000 would have grown to over the time period indicated. The hypothetical example does not represent the returns of any particular investment. You cannot invest directly in an index.

This chart shows how a hypothetical investment of $10,000 in the Fund at its inception would have performed versus an investment in the Fund’s benchmark futures contract(s). The values indicate what $10,000 would have grown to over the time period indicated. The hypothetical example does not represent the returns of any particular investment.

The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.

Premium/Discount

Days Traded at Premium Days Traded at Discount

The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.

The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported NAV. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount expressed in basis points. The horizontal axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

* A basis point is equal to 1/100th of 1%.

Distributions

Ex-Date Record Date Pay Date Ordinary Income Short Term Gains Long Term Gains Return of Capital Total 19A-1 Notice Form 8937
Download 19A-1 Notice Download Form 8937
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Distributions data is unavailable at this time.

Creation & Redemption

  • Creation Unit Basket Size 25,000 Shares
  • Authorized Participants pay a transaction fee of $250 for Creates/Redeems (per order, not per basket)
  • Order cut-off for Cash Creates/Redeems is 10:30 a.m. ET
  • USE's NAV is calculated generally as of 4:00 p.m. ET
  • Settlement is T+1
  • Custodian is The Bank of New York Mellon
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