# United States 12 Month Natural Gas Fund LP (UNL) — Overview

UNL · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/unl

## Price

Last close $5.78 on Oct 15, 2026. 52-week range $5.62 – $8.91.

## Fund profile

UNL holds the 12 nearest-month NYMEX natural gas futures contracts in equal weights.

| Metric | Value |
| --- | --- |
| Issuer | United States Commodity Funds LLC |
| Industry | — |
| Inception | Nov 18, 2009 |
| Assets under management | $16.1M |
| Expense ratio | 1.57% |
| Net asset value | $5.76 (as of Oct 15, 2026) |
| Distributions | — |
| Leverage | 1x |

## Frequently Asked Questions

### What is United States 12 Month Natural Gas Fund LP (UNL)?

UNL holds the 12 nearest-month NYMEX natural gas futures contracts in equal weights.

### What is UNL's expense ratio?

United States 12 Month Natural Gas Fund LP charges an annual expense ratio of 1.57%. The fund is issued by United States Commodity Funds LLC.

### How large is UNL?

United States 12 Month Natural Gas Fund LP manages $16.1M in assets and has traded since Nov 18, 2009.

### How do I buy shares of United States 12 Month Natural Gas Fund LP (UNL)?

UNL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).