USCF Gold Strategy Plus Income Fund
GLDX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Banks
- Address
- United States of America
- IPO Date
- Nov 3, 2021
- CIK
- 0001597389
- Similar Companies
- Business
- USCF Gold Strategy Plus Income Fund (NYSE Arca: USG, formerly GLDX) is an actively managed exchange-traded fund that seeks investment results corresponding over the long term to the performance of gold prices while generating dividend income through gold covered call options and collateral interest income. The fund achieves this objective by investing primarily through its Cayman Islands subsidiary in COMEX gold warrants evidencing ownership of physical gold bars stored in licensed New York City depositories, fully margined gold futures contracts, and gold-related derivatives including cash-settled options, forwards, options on futures, and swaps; up to 25% of assets are allocated to the subsidiary, with the balance in cash equivalents for option premiums and collateral. It operates in the commodities-focused segment, targeting investors seeking gold exposure with income enhancement as a portfolio diversifier and inflation hedge, benchmarked against the Bloomberg Gold Subindex Total Return. Launched on November 3, 2021 by USCF ETF Trust under USCF Advisers LLC (investment adviser headquartered in Walnut Creek, California) with sub-adviser SummerHaven Investment Management LLC and distributor ALPS Distributors Inc., the fund underwent a major ticker change from GLDX to USG in 2025 to better reflect its strategy. USCF Investments, the parent adviser founded in 2005 and a subsidiary of The Marygold Companies Inc., manages over $3 billion in assets across commodity and equity ETPs from its U.S. base. No significant acquisitions, funding rounds, or new product launches specific to the fund have been reported in the last 1-2 years, with operations focused on ongoing active management amid gold market dynamics.