“The U.S. Natural Gas Fund (NYSE:UNG), the largest exchange-traded fund in the fuel, closed at a premium of 0.48 percent on Sept. 28, according to figures on the fund’s website. A premium means that the closing price of the shares is higher than the value of its underlying holdings in the fuel. Natural gas for November delivery rose 3.5 cents, or 0.9 percent, to $3.951 per million British thermal units on the New York Mercantile Exchange on Sept. 28,” Daniel Petrie Reports From Bloomberg.

================================================================================
                     Sept. 28  Sept. 27  Sept. 24  Sept. 23  Sept. 22  Sept. 21
                         2010      2010      2010      2010      2010      2010
================================================================================
                      ------------------------Per Share-------------------------
Premium/discount        0.48%     0.00%     0.47%     0.15%     0.31%     0.62%
Net Asset Value         $6.31     $6.25     $6.40     $6.63     $6.54     $6.49
Closing price           $6.34     $6.25     $6.43     $6.64     $6.56     $6.53
                      ----------------Quantity of Fund Holdings-----------------
NYMEX Futures          13,826    12,016    11,345    11,760    11,760    11,835
================================================================================
                     Sept. 28  Sept. 27  Sept. 24  Sept. 23  Sept. 22  Sept. 21
                         2010      2010      2010      2010      2010      2010
================================================================================
                      ----------------Quantity of Fund Holdings-----------------
NYMEX Swaps            28,440    28,440    28,440    28,440    28,440    28,440
ICE Swaps              56,325    56,325    56,325    56,325    56,325    56,325
                     -----------------Market Value (Millions)------------------
Total return swaps  $1,141.83 $1,131.71 $1,158.59 $1,201.07 $1,183.73 $1,175.35
================================================================================

 

We have put together some more details on the U.S. Natural Gas ETF (NYSE:UNG) below:

U.S. Natural Gas Fund (NYSE:UNG) – VISIT OUR (UNG) CATEGORY: HERE

The investment seeks to replicate the performance, net of expenses, of natural gas. The trust will invest in futures contracts on natural gas traded on the NYMEX that is the near month contract to expire. It is nondiversified.

Fund Operations

UNG Category Avg Total Expense Ratio 1.18% 0.84% Annual Holdings Turnover 0.00% 3.54 Total Net Assets NaN NaN

Related posts:

1. The Week Ahead (Sept. 19)
2. U.S. Commodity Funds Files For United States Natural Gas Double Inverse Fund ETF (NYSE:UNGD)
3. Beyond The U.S. Natural Gas Fund: 3 Intruiging ETFs To Play Natural Gas (GASZ, UNG, GAZ, NAGS, CHK, DVN)
4. Natural Gas Prices: Why It’s Time To Load Up On Natural Gas (UNG, FCG, DVN, CHK, GAZ)
5. What’s Behind This 5-Day Market Rally? (NYSE:XLB, NYSE:XLE, NYSE:XLI)

UNG