UNL Home

1.800.920.0259

As of 3/10/2010
UNL Facts
Ticker
UNL
IIV
UNL.IV
Listing Exchange
NYSE Arca
CUSIP
91288X109
ISIN
US91288X1090
Closing Price
$45.70
NAV
$45.57
Premium / (Discount)
0.29%
Shares Outstanding
700,000

The United States 12 Month Natural Gas Fund, LP ("UNL") is an exchange traded security that is designed to track the movements of natural gas prices. UNL issues units that may be purchased and sold on the NYSE Arca.

The investment objective of UNL is to have the changes, in percentage terms, of the units’ net asset value (NAV) reflect the changes, in percentage terms, of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the changes in the average of the prices of 12 futures contracts on natural gas traded on the New York Mercantile Exchange consisting of the near month contact to expire and the contracts for the following eleven months, for a total of 12 consecutive months contracts, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire and the contracts for the following eleven consecutive months, less UNL's expenses.

The 2009 K-1s are now available online.

For a copy of the Prospectus contact:
ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 1.800.920.0259 or Click Here.

Commodities and futures generally are volatile and are not suitable for all investors. The Fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the Fund. Funds that focus on a single sector generally experience greater volatility.

UNL is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation there under.

For further discussion of these and additional risks associated with an investment in UNL units, Click Here.

Investors buy and sell units in the secondary market (i.e., not directly from the Fund). Only "authorized purchasers" may trade directly with the Fund, in minimum blocks of 100k units.

Investing in natural gas interests subjects UNL to the risks of the natural gas industry. These risks could result in large fluctuations in the price of UNL’s units. An investor could lose all or substantially all of his/her investment. The United States 12 Month Natural Gas Fund is distributed by ALPS Distributors, Inc.

© 2009-2010 United States 12-Month Natural Gas Fund, LP. All RIghts Reserved.