EX-99.1 2 tm223088d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended December 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $10,491 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,889,600)
Dividend Income   273 
Interest Income   78 
ETF Transaction Fees   350 
Total Income (Loss)  $(1,878,408)
      
Expenses     
General Partner Management Fees  $10,290 
Professional Fees   6,767 
Brokerage Commissions   342 
Directors' Fees and insurance   1,114 
NYMEX License Fee   207 
Total Expenses   18,720 
Expense Waiver   (6,371)
Net Expenses  $12,349 
Net Income (Loss)  $(1,890,757)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/21  $17,009,391 
Additions (100,000 Shares)   1,193,952 
Net Income (Loss)   (1,890,757)
      
Net Asset Value End of Month  $16,312,586 
Net Asset Value Per Share (1,400,000 Shares)  $11.65 

 

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 December 31, 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