United States 12 Month Natural Gas Fund (UNL)

• Market cap: $10.4M
• 1 day: 1.18%
• 5 days: -1.03%
• 1 month: 0.13%
• 3 months: -16.27%
• 6 months: -24.46%
• Year to date: -6.08%
• 1 year: 5.03%
• 5 years: -11.37%
• 10 years: -36.15%
• Sector: Financials
• Industry: Capital Markets

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

14,489% more call options, than puts

Call options by funds: $1.31M | Put options by funds: $9K

5.58% less ownership

Funds ownership: 26.09% [Q1] → 20.51% (-5.58%) [Q2]

26% less funds holding

Funds holding: 19 [Q1] → 14 (-5) [Q2]

41% less capital invested

Capital invested by funds: $4.27M [Q1] → $2.5M (-$1.77M) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7