UNLUnited States 12 Month Natural Gas Fund, LP

Beat inflation16y track recordRanked #97 of 114 in this goal

Seeks daily NAV changes that reflect daily changes in the price of Henry Hub natural gas, measured by a 12-month basket of NYMEX natural gas futures.

By USCF Investments · Launched 2009

Annual Cost

1.65%

#5,484 of 5,562 · expensive

Fund Size

$17M

#4,463 of 5,562 · small

Return (1Y)Goal

-29.9%

Track Record

16 years

#717 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$6,469-35.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Commodity

What it actually holds

By weight

Asset allocation

Other

47.9%

Preferred

27.0%

Cash

25.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

35.8%High

Year-on-year price swings

Max drawdown

-78.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.43Below average

Sortino (3Y)

-0.59Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily NAV changes that reflect daily changes in the price of Henry Hub natural gas, measured by a 12-month basket of NYMEX natural gas futures.
Strategy: Holds the near-month NYMEX Henry Hub natural gas futures contract plus the next 11 consecutive monthly contracts (12-month rolling basket of U.S. natural gas futures), rolling the near-month forward within two weeks of expiration. Collateral (T-bills/cash) earns interest; the LP is a 1933 Act exchange-listed commodity pool, not registered under the 1940 Act.
Inception date: November 18, 2009
Fund family: USCF Investments