United States 12 Month Oil Fund is a commodity pool that issues limited partnership interests traded on the NYSE Arca, Inc. United States Commodity Funds LLC is the general partner of Co. and is responsible for the management of Co. The net assets of Co. consist primarily of investments in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels that are traded on the New York Mercantile Exchange, ICE Futures or other U.S. and foreign exchanges (collectively, Oil Futures Contracts) and other oil-related investments such as cash-settled options on Oil Futures Contracts and forward contracts for oil. The USL stock yearly return is shown above.
The yearly return on the USL stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the USL annual return calculation with any dividends reinvested as applicable (on ex-dates).
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