COTWO ADVISORS PHYSICAL EUROPEAN CARBON ALLOWANCE TRUST reported a net increase in net assets (net income) of $218747 for the three months ended May 31, 2026, with diluted net increase in net assets per share of $2.19. The Trust holds European Union Allowances (EUAs) and had no comparable prior-year quarter figures disclosed in the filing.
Financial Highlights
- Net income: $218,747 for the three months ended May 31, 2026; no prior-year quarter net income disclosed.
- Diluted EPS: $2.19 net increase in net assets per share for the three months ended May 31, 2026; no prior-year quarter EPS disclosed.
- Revenue: Not reported; investment income of $137 for the three months ended May 31, 2026 and no sales/revenue line presented.
Business Highlights
- Trust launch & listing: Formed January 12, 2023; initial S-1 effective April 29, 2025; began trading on NYSE Arca June 20, 2025.
- Asset focus & strategy: Invests substantially all assets in EUAs to track EU carbon allowance prices; holds EUAs and short-term cash.
- Operational activity: No creations or redemptions during the reporting periods; held 19,700 EUAs at May 31, 2026, valued at $1.83M.
- NAV & market dynamics: NAV moved from $16.21 to $18.40 between March and May 2026; market price volatility driven by EUA policy, weather and geopolitical risks.
- Sponsor support & fees: Sponsor collects a 0.79% management fee and covers routine operational expenses, reducing Trust cash outflows.
Original SEC Filing:
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