Natural gas fund shows five-year decline in adjusted return data

United States 12 Month Natural Gas Fund, LP is a limited partnership whose shares trade on NYSE Arca under the ticker UNL. It is classified in the Commodity Contracts Brokers & Dealers sector and is associated with natural gas as an underlying commodity.

The fund provides monthly account statements through Form 8-K disclosures. The statements are presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value under Rule 4.22 of the Commodity Exchange Act.

An investment of $1,000 in UNL on Aug. 2, 2021, would have been worth $545 as of July 31, 2026, based on historical closing prices adjusted for dividends and splits. That represents a total return of -45.5% and a compound annual growth rate of -11.5%.

UNL’s best recent year was 2021, with a 49.1% return, and its worst was 2023, with a -46.5% return. Past performance does not guarantee future results.

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