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USGUSCF Gold Strategy Plus Income Fund

Get income4y track recordRanked #1,111 of 1,650 in this goal

Seeks investment results that generally correspond to the performance of the price of gold while generating dividend income.

By USCF Investments · Launched 2021

Annual Cost

0.45%

#2,240 of 5,861 · average

Fund Size

$9M

#4,946 of 5,861 · small

Dividend YieldGoal

29.93%

Track Record

4 years

#2,474 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,527+15.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 3 holdings = 4.4% of fundwell diversified

COMMODITIES EXCHANGE CENTERGCM6
5.0%
COMMODITIES EXCHANGE CENTERGCM6
0.0%
COMMODITIES EXCHANGE CENTEROGK6 C5200
-0.6%

Asset allocation

Cash
80.9%
Other
19.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
24.9%High

Year-on-year price swings

Max drawdown
-40.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.01Strong risk-adjusted returns
Sortino (3Y)
1.40Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks investment results that generally correspond to the performance of the price of gold while generating dividend income.
Strategy
Actively managed fund that seeks to reflect the performance of gold while generating income through selling gold call options and collateral interest income. Maintains substantial exposure to physical gold and gold futures markets via Gold Investments, including COMEX gold futures and Gold Warrants.
Inception date
November 2, 2021
Fund family
USCF Investments

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04