United States 12 Month Oil Fund LP (USL)
| Assets | $43.57M |
| Expense Ratio | 0.85% |
| PE Ratio | n/a |
| Shares Out | 1.20M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 3,645 |
| Open | 35.89 |
| Previous Close | 36.48 |
| Day's Range | 35.89 - 36.15 |
| 52-Week Low | 31.00 |
| 52-Week High | 40.95 |
| Beta | 0.44 |
| Holdings | 16 |
| Inception Date | Dec 6, 2007 |
About USL
Fund Home PageThe United States 12 Month Oil Fund LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is issued by Marygold.
Top 10 Holdings
75.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley Liq Govt Inst 8302 | n/a | 23.26% |
| Bny Cash Reserve | n/a | 10.53% |
| Cash | n/a | 8.78% |
| Drey Inst Pref Gov Mm Inst 6546 | n/a | 7.89% |
| Crude Oil Future Aug 25 | n/a | 4.39% |
| Crude Oil Future Sept 25 | n/a | 4.30% |
| Crude Oil Future Oct 25 | n/a | 4.22% |
| Crude Oil Future Nov 25 | n/a | 4.17% |
| Crude Oil Future Dec 25 | n/a | 4.13% |
| Crude Oil Future Feb 26 | n/a | 4.09% |
Performance
USL had a total return of -11.14% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.90%.
News
Fixed-Income Annual Returns And Falling Crude Oil Prices
Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually help US inflation, and give the Fed another reason to lower the fed funds ra...
Opportunity Today Is In Energy, Especially Oil And Gas - Chris DeMuth Jr.
Chris DeMuth Jr. discusses his investment strategy for 2023 and the current state of the market. He expresses his preference for the energy sector, particularly oil and gas, due to mispriced equities ...
Pivotal moment for grains & ag commodity ETFs
Can Russia's War Chest Withstand The New Oil Cap?
After several months of debate and preparations, the United States and other G7 nations introduced a price cap on Russian crude oil on December 5. Following the introduction of sanctions this spring, ...
Ukraine War Commodity Prices Impact: USL ETF Oil Forecast
A primary disruptive influence on world equity markets, this war shakes prices of many commodities, grains and energy fuels in particular. Its effects are more than just the immediate. Exchange Traded...
Crude Oil Collapsed Below $100PPB - Has The Fed Broken Inflation? (Technical Analysis)
As prices rise, consumers are put under extreme pressure to keep their normal standard of living. As inflationary pressures continue, consumers make necessary sacrifices to manage their budgets – ofte...
Governments Increasingly Adopt Incentive Schemes To Encourage Decarbonization Of The Oil And Gas Industry
Oil and gas producing countries across the world are rolling out policies and regulations to boost investment in emission-reduction technologies and decarbonization of the upstream sector. In North Am...
USL: A Long Position In WTI Crude
USL offers an exposure to WTI futures prices. The Fund has returned 80% over the past year v. -2% for SPR500TR.
Best Oil ETFs for Q2 2021
The best oil ETFs for Q2 2021 are DBO, USL, and BNO.
Oil prices edge up on stimulus support despite ample supplies
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a we...
Stock Market Update For The Week Ahead: 'Cautious Attitude'
What Happened: “U.S. stocks are closing in on record highs. But behind the scenes, uneasy investors are keeping their options open,” said Lindsey Bell, chief investment officer for Ally Financial Inc-...
Oil Price Recovery - Be Cautious And Favor DBO Over USL And USO
The June WTI Crude oil contract could be headed lower as it approaches expiration.
Oil Price Recovery - USL, DBO, USO, Which ETF Is Best?
Oil Price Recovery - USL, DBO, USO, Which ETF Is Best?