| Summary of Quarterly Financial Information |
The following summarized (unaudited) quarterly financial information presents the results of operations and other data for the three-month periods ended March 31, June 30, September 30 and December 31, 2016 and 2015. USCI | | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | | | | 2016 | | | 2016 | | | 2016 | | | 2016 | | | Total Income (Loss) | | $ | (731,412) | | | $ | 37,071,255 | | | $ | (23,532,292) | | | $ | (22,231,704) | | | Total Expenses | | | 1,348,751 | | | | 1,451,019 | | | | 1,774,652 | | | | 1,641,076 | | | Net Income (Loss) | | $ | (2,080,163) | | | $ | 35,620,236 | | | $ | (25,306,944) | | | $ | (23,872,780) | | | Net Income (Loss) per Share | | $ | (0.11) | | | $ | 2.66 | | | $ | (1.57) | | | $ | (1.48) | | | | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | | | | 2015 | | | 2015 | | | 2015 | | | 2015 | | | Total Income (Loss) | | $ | (45,897,074) | | | $ | 26,535,162 | | | $ | (61,754,738) | | | $ | (16,283,981) | | | Total Expenses | | | 1,799,596 | | | | 1,531,178 | | | | 1,518,805 | | | | 1,438,156 | | | Net Income (Loss) | | $ | (47,696,670) | | | $ | 25,003,984 | | | $ | (63,273,543) | | | $ | (17,722,137) | | | Net Income (Loss) per Share | | $ | (3.30) | | | $ | 2.18 | | | $ | (5.23) | | | $ | (1.37) | | CPER | | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | | | | 2016 | | | 2016 | | | 2016 | | | 2016 | | | Total Income (Loss) | | $ | 14,977 | | | $ | 3,652 | | | $ | 9,405 | | | $ | 232,591 | | | Total Expenses | | | 20,562 | | | | 23,415 | | | | 27,792 | | | | 27,464 | | | Expense waivers | | | (16,334) | | | | (17,699) | | | | (22,051) | | | | (19,556) | | | Net expenses | | | 4,228 | | | | 5,716 | | | | 5,741 | | | | 7,908 | | | Net Income (Loss) | | $ | 10,749 | | | $ | (2,064) | | | $ | 3,664 | | | $ | 224,683 | | | Net Income (Loss) per Share | | $ | 0.29 | | | $ | (0.01) | | | $ | 0.02 | | | $ | 1.82 | | | | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | | | | 2015 | | | 2015 | | | 2015 | | | 2015 | | | Total Income (Loss) | | $ | (114,469) | | | $ | (85,649) | | | $ | (205,814) | | | $ | (214,305) | | | Total Expenses | | | 14,647 | | | | 20,497 | | | | 19,747 | | | | 20,409 | | | Expense waivers | | | (10,824) | | | | (16,779) | | | | (16,046) | | | | (15,952) | | | Net expenses | | | 3,823 | | | | 3,718 | | | | 3,701 | | | | 4,457 | | | Net Income (Loss) | | $ | (118,292) | | | $ | (89,367) | | | $ | (209,515) | | | $ | (218,762) | | | Net Income (Loss) per Share | | $ | (0.56) | | | $ | (0.90) | | | $ | (1.95) | | | $ | (1.45) | | USAG | | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | | | | 2016 | | | 2016 | | | 2016 | | | 2016 | | | Total Income (Loss) | | $ | (11,112) | | | $ | 172,101 | | | $ | (204,613) | | | $ | (19,251) | | | Total Expenses | | | 18,802 | | | | 20,729 | | | | 25,510 | | | | 23,022 | | | Expense waivers | | | (14,946) | | | | (16,612) | | | | (21,453) | | | | (19,162) | | | Net expenses | | | 3,856 | | | | 4,117 | | | | 4,057 | | | | 3,860 | | | Net Income (Loss) | | $ | (14,968) | | | $ | 167,984 | | | $ | (208,670) | | | $ | (23,111) | | | Net Income (Loss) per Share | | $ | (0.15) | | | $ | 1.68 | | | $ | (2.09) | | | $ | (0.23) | | | | | First Quarter | | | Second Quarter | | | Third Quarter | | | Fourth Quarter | | | | | 2015 | | | 2015 | | | 2015 | | | 2015 | | | Total Income (Loss) | | $ | (204,458) | | | $ | 153,029 | | | $ | (207,130) | | | $ | (41,786) | | | Total Expenses | | | 14,265 | | | | 19,522 | | | | 19,213 | | | | 20,055 | | | Expense waivers | | | (9,891) | | | | (15,392) | | | | (14,914) | | | | (16,121) | | | Net expenses | | | 4,374 | | | | 4,130 | | | | 4,299 | | | | 3,934 | | | Net Income (Loss) | | $ | (208,832) | | | $ | 148,899 | | | $ | (211,429) | | | $ | (45,720) | | | Net Income (Loss) per Share | | $ | (2.09) | | | $ | 1.49 | | | $ | (2.12) | | | $ | (0.45) | |
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