# EDGAR Filing Document

**Accession Number:** 0001597389
**File Stem:** 0000940400-25-012012
**Filing Date:** 2025-11
**Character Count:** 6288
**Document Hash:** 3755e7aa5d1f967da5010e79e096c2ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-012012.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-012012

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** USCF ETF Trust
- **CENTRAL INDEX KEY:** 0001597389

**ORGANIZATION NAME:**
- **EIN:** 464572871
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22930
- **FILM NUMBER:** 251535955

**BUSINESS ADDRESS:**
- **STREET 1:** 1850 MT. DIABLO BLVD.
- **STREET 2:** SUITE 640
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** 510-522-9600

**MAIL ADDRESS:**
- **STREET 1:** 1850 MT. DIABLO BLVD.
- **STREET 2:** SUITE 640
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USCF Equity Trust
- **DATE OF NAME CHANGE:** 20140116

## Series and Classes Contracts Data

### USCF Gold Strategy Plus Income Fund (Series ID: S000072135)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000227919 | USCF Gold Strategy Plus Income Fund | USG             |

## Nport-Ex

**USCF ETF TRUST**

**USCF GOLD STRATEGY PLUS INCOME FUND**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**AT SEPTEMBER 30, 2025 (unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Number<br> of<br> Contracts** | **Notional <br> Amount** | **Expiration <br> Date** | **Fair Value/Unrealized<br> Appreciation/(Depreciation)<br> on Open Commodity<br> Contracts** | **% of Total <br> Net Assets** |
| **Open Commodity Futures Contracts – Long<sup>(a)</sup>** |  |  |  |  |  |
| **United States Contracts<sup>(b)</sup>** |  |  |  |  |  |
| COMEX Gold 100 OZ Futures GC, <br> December contracts | 36 | $12254750 | Dec-25 | $1688770 | 12.5% |
|  | **Number<br> of<br> Contracts** | **Notional<br> Amount** | **Expiration<br> Date** | **Fair Value/Written Call<br> Options** | **% of Total<br> Net Assets** |
| **Written Call Options** |  |  |  |  |  |
| **United States Contracts<sup>(b)</sup>** |  |  |  |  |  |
| COMEX Gold Futures <br> November 2025 Option Contracts, <br> Call @ $4050, (Premiums received $37,344) | (36) | $(37344) | Oct-25 | $(77400) | (0.6)% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(a) Collateral
 amounted to $816,399 on open Commodity Futures Contracts.

(b) All,
 or part of investment is held in the Fund's wholly owned subsidiary.

---

| | |
|:---|:---|
| **<u>Summary of Portfolio Holdings by Country^</u>** |  |
| United States | 100.0% |

---

---

| | |
|:---|:---|
| **<u>Summary of Portfolio Holdings by Sector</u>** | **% of Total <br> Net Assets** |
| Commodity Derivatives | 11.9% |

---

---

| | |
|:---|:---|
| ^ | As a percentage of portfolio holdings, which includes investments and other financial instruments shown on the Consolidated Schedule of Investments. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** USCF ETF Trust

- **b. Investment Company Act file number:** 811-22930

- **c. CIK number of Registrant:** 0001597389

- **d. LEI of Registrant:** 549300MH2TWHBRNV2U91

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1850 MT.Diablo Boulevard, Suite 640

  - **City:** Walnut Creek

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94596

  - **Telephone number:** 1-800-920-0259

**Item A.2. Information about the Series.**

- **a. Name of Series:** USCF Gold Strategy Plus Income Fund

- **b. EDGAR series identifier (if any):** S000072135

- **c. LEI of Series:** 54930038N10WS1HN8Y79

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $14407073.19

**Total Liabilities:** $855756.35

**Net Assets:** $13551316.84

**Amount of Assets Invested in Other Investment Companies:** $2981030.59

**Cash Not Reported:** $12615439.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227919 | 0.07%                | 4.98%                | 6.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $0.00                                      |

**Designated Index Information**

- **Index Name:** S&P GSCI Gold Index Total Return CME

- **Index Identifier:** SPGSGCTR Index

### Schedule of Portfolio Investments

| Name                     | Title       | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COMMODITY EXCHANGE, INC. | GOLD 100 OZ | CUSIP: 000000000<br>LEI: N/A | N/A              | DCO              | CORP              | US        |        37 | NC      | $1739410.00   | 12.84%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC. | GOLD        | CUSIP: 000000000<br>LEI: N/A | N/A              | DCO              | CORP              | US        |       -37 | NC      | $-79550.00    | -0.59%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** USCF ETF Trust

**Signature:** Kenneth A. Kalina

**Name of Signer:** Kenneth A. Kalina

**Title:** CCO