EX-99.1 2 tm2130058d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2021

  

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $593,257 
Unrealized Gain (Loss) on Market Value of Commodity Futures   2,258,484 
Dividend Income   150 
Interest Income   194 
ETF Transaction Fees   350 
Total Income (Loss)  $2,852,435 
      
Expenses     
General Partner Management Fees  $8,489 
Professional Fees   11,050 
Brokerage Commissions   283 
Directors' Fees and insurance   1,078 
NYMEX License Fee   170 
Total Expenses   21,070 
Expense Waiver   (10,882)
Net Expenses  $10,188 
Net Income (Loss)  $2,842,247 

  

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/21  $11,718,358 
Additions (100,000 Shares)   1,371,148 
Net Income (Loss)   2,842,247 
      
Net Asset Value End of Month  $15,931,753 
Net Asset Value Per Share (1,100,000 Shares)  $14.48 

  

To the Limited Partners of United States 12 Month Natural Gas Fund, LP:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended September 30, 2021 is accurate and complete.

 

/s/ Stuart P. Crumbaugh   
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States 12 Month Natural Gas Fund, LP

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596