ETF Spotlight on U.S. 12 Month U.S. Oil Fund (NYSEArca: USL), part of an ongoing series.
Assets: $183.19 million.
Objective: The United States 12 Month Oil Fund tries to reflect the price movements of West Texas Intermediate light, sweet crude oil (WTI).
Holdings: The fund holds 12 futures contracts on crude oil traded on the New York Mercantile Exchange, including near month contract set to expire and contracts for the following eleven months. Each of the 12 contracts will be weighted equally.