UNL United States 12 Month Natural Gas Fund, LP
Quote as of Aug 26, 2026 19:55 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 5.86 | Day Range | 5.87 – 5.94 |
| 52-Week Range | 5.78 – 9.11 | Volume | 38.34K |
| Avg Volume | 66.28K | AUM | $16.4M (Aug 26, 2026) |
| Expense Ratio | 1.65% | Yield (TTM) | — |
| NAV | 5.87 | Premium/Discount | +0.68% indicative |
| Inception | Nov 18, 2009 | Holdings | 1 |
| Issuer | USCF | Exchange | AMEX |
| Category | Oil Gas | Index Tracked | Not stated in source data |
| CUSIP | 91288X109 | ISIN | US91288X1090 |
| Management | Passive / index-tracking (per issuer description) | ||
About this ETF
United States 12 Month Natural Gas Fund, LP is an exchange traded fund launched and managed by United States Commodity Funds LLC. The fund invests in the commodity markets of the United States. It uses market neutral strategy to create its portfolio. It uses futures contracts to invest in natural gas, crude oil, heating oil, gasoline and other petroleum-based fuels. The fund seeks to track the daily changes in 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 NYMEX, consisting of the near month contract to expire and the contracts for the following 11 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 11 consecutive months. United States 12 Month Natural Gas Fund, LP was formed on June 27, 2007 and is domiciled in the United States.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -4.56% | -5.64% | -14.08% | -20.60% | -21.13% | -19.87% | -12.51% | -5.45% | -11.80% |
| Total return | -4.56% | -5.64% | -14.08% | -20.60% | -21.13% | -19.87% | -12.52% | -5.45% | -11.80% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.65% | Annual cost of a $10,000 investment | $165.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 16 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | DREY INST PREF GOV MM INST 6546 | — | 28.64% | 9.88M | $9.9M |
| 2 | MORGAN STANLEY LIQ GOVT INST 8302 | — | 10.00% | 3.45M | $3.5M |
| 3 | US DOLLARS | — | 9.98% | 3.44M | $3.4M |
| 4 | NATURAL GAS FUTR Jan27 | — | 4.97% | 44 | $1.7M |
| 5 | NATURAL GAS FUTR Feb27 | — | 4.45% | 43 | $1.5M |
| 6 | NATURAL GAS FUTR Dec26 | — | 4.36% | 43 | $1.5M |
| 7 | BNY CASH RESERVE | — | 4.07% | 1.40M | $1.4M |
| 8 | NATURAL GAS FUTR Sep27 | — | 4.07% | 44 | $1.4M |
| 9 | NATURAL GAS FUTR Jul27 | — | 4.00% | 44 | $1.4M |
| 10 | NATURAL GAS FUTR Aug27 | — | 3.99% | 43 | $1.4M |
| 11 | NATURAL GAS FUTR Nov26 | — | 3.79% | 44 | $1.3M |
| 12 | NATURAL GAS FUTR Jun27 | — | 3.65% | 43 | $1.3M |
| 13 | NATURAL GAS FUTR Mar27 | — | 3.61% | 43 | $1.2M |
| 14 | NATURAL GAS FUTR OCT26 | — | 3.51% | 43 | $1.2M |
| 15 | NATURAL GAS FUTR May27 | — | 3.47% | 43 | $1.2M |
| 16 | NATURAL GAS FUTR APR27 | — | 3.45% | 43 | $1.2M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 34.56% / 33.76% | Sharpe 1Y / 3Y | -0.578 / -0.562 |
| Max drawdown 1Y / 3Y | -35.02% / -51.14% | Sortino 1Y | -0.758 |
| Beta vs S&P 500 (3Y) | 0.051 | Correlation vs S&P 500 (1Y) | -0.198 |
| Downside deviation 1Y | 26.37% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 38.34K | Average volume | 66.28K |
| AUM | $16.4M | Premium/Discount | +0.68% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $704.3K | +4.48% | $15.7M → $16.4M |
| 1 Week | $747.5K | +4.77% | $15.7M → $16.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for UNL
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.