Tuesday, February 06, 2024 1:03:06 PM
Here's where contango comes in. Because the futures contract that expires further out is often more expensive than the one the funds are holding, the funds lose money on that rollover.
Because these funds are almost always losing value, buying and holding futures-based funds like UNG or BOIL doesn't make sense as a long-term play on a commodity. This is one of the key reasons why the funds have underperformed the price of natural gas.
Recent UNG News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/29/2024 07:43:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/30/2024 01:34:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 01:32:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:38:22 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/06/2024 08:33:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:30:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 12:53:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 01:22:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 07:35:45 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 10:18:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 02:26:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 03:59:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 01:30:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 01:30:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 04:32:46 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 12/04/2023 10:02:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 03:11:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 10:02:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/07/2023 04:02:31 PM
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