United States 12 Month Natural Gas Fund (UNL) Operating Expenses (2010 - 2026)

United States 12 Month Natural Gas Fund has reported Operating Expenses for 17 years, with the latest figure at $65800.0 in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 11.39% year-over-year to $65800.0; the trailing twelve-month figure through Mar 2026 stood at $242347.0 (down 27.53% YoY), and the FY2025 full-year result was $235619.0, down 37.18% from the prior year.
• Operating Expenses for Q1 2026 stood at $65800.0, up from $60496.0 in the prior quarter.
• The five-year high for Operating Expenses was $165083.0 in Q3 2022, with the low at $51586.0 in Q2 2025.
• Historically, Operating Expenses has averaged $87355.6 across 5 years, with a median of $75378.0 in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 154.18% — and 2023, when it slumped 55.72%.
• United States 12 Month Natural Gas Fund's Operating Expenses stood at $99338.0 in 2022, then grew by 6.45% to $105749.0 in 2023, then retreated by 28.72% to $75378.0 in 2024, then slipped by 19.74% to $60496.0 in 2025, then advanced by 8.77% to $65800.0 in 2026.
• The last three Operating Expenses figures came in at $65800.0 (Q1 2026), $60496.0 (Q4 2025), and $64465.0 (Q3 2025), per Business Quant data.