United States 12 Month Natural Gas FundUnited States 12 Month Natural Gas FundUnited States 12 Month Natural Gas Fund

United States 12 Month Natural Gas Fund

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Key stats


Assets under management (AUM)
‪20.08 M‬USD
Fund flows (1Y)
‪5.77 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−3.2%

About United States 12 Month Natural Gas Fund


Issuer
The Marygold Cos, Inc.
Brand
US Commodity Funds
Expense ratio
0.90%
Inception date
Nov 18, 2009
Index tracked
12 Month Natural Gas
Management style
Passive
UNL offers an alternative method of exposure to natural gas in a viable, if not quite bulletproof, vehicle. The fund spreads its futures exposure equally across the nearest 12 contract months in an effort to minimize the impact of contango on returns. In contrast to its sibling funds, that offers exposure to the next-nearest month. This will mean it will have less sensitivity to short-term moves in spot natural gas. Investors should consider using limit orders to manage spreads. UNL's legal structure isnt unusual in the commodities space, but it does change the tax structure and result in a K-1 at tax time.

Classification


Asset Class
Commodities
Category
Energy
Focus
Natural gas
Niche
Laddered
Strategy
Laddered
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 21, 2024
Exposure type
Bonds, Cash & Other
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.02%
Futures49.98%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows