UNL

Fund Description
The investment objective of UNL is to have the changes in percentage terms of the units net asset value reflect the changes in percentage terms of the spot price of natural gas delivered at the Henry Hub Louisiana as measured by the changes in the average of the prices of 12 futures contracts on natural gas traded on the New York Mercantile Exchange consisting of the near month contact to expire and the contracts for the following eleven months for a total of 12 consecutive months contracts except when the near month contract is within two weeks of expiration in which case it will be measured by the futures contract that is the next month contract to expire and the contracts for the following eleven consecutive months less UNLs expenses.
Fund Profile
Fund Name United States 12 Month Natural Gas Fund LP
Fund Exchange Ticker UNL
Fund Sponsor United States Commodity Funds
Fund ISIN US91288X1090
Net Expense Ratio 0.90 %
Fund Inception Date 18 November 2009
Fund Legal Structure Limited Partnership
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Energy
Asset Class Commodities & Metals
Index Linked Passive
Index Name Natural Gas - NYMEX traded next 12 months average futures contracts
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Energy
Key Statistics
Return As of Date 11 August 2022
Asset Under Management 41.18 Million (USD)
1 Month Total Return 25.37 %
Year To Date Return 117.99 %
1 Year Total Return 132.05 %
3 Year Annualized Total Return 43.42 %
NAV 25.74
Share Outstanding 1,600,000
Top 10 Holdings (12 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
DREY INST PREF GOV MM INST 6546 DSVXX MMKT 0.3958350596
NATURAL GAS FUTR Dec22 FUTR 0.0556110622
NATURAL GAS FUTR Jan23 FUTR 0.0548001843
NATURAL GAS FUTR Oct22 FUTR 0.0544710572
NATURAL GAS FUTR Nov22 FUTR 0.0537754258
NATURAL GAS FUTR Sep22 FUTR 0.0534826376
NATURAL GAS FUTR Feb23 FUTR 0.0529946573
NATURAL GAS FUTR Mar23 FUTR 0.0438559290
MORGAN STANLEY LIQ GOVT INST 8302 MMKT 0.0330944066
NATURAL GAS FUTR Apr23 FUTR 0.0325742404