EX-99.1 2 tm2325951d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended August 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(1,345,601)
Unrealized Gain (Loss) on Market Value of Commodity Futures   1,413,321 
Dividend Income   72,020 
Interest Income   9,881 
ETF Transaction Fees   700 
Total Income (Loss)  $150,321 
      
Expenses     
General Partner Management Fees  $11,904 
Professional Fees   15,558 
Brokerage Commissions   434 
Directors' Fees and insurance   1,233 
License fees   238 
Total Expenses   29,367 
Expense Waiver   (15,082)
Net Expenses  $14,285 
Net Income (Loss)  $136,036 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/23  $19,170,341 
Withdrawals (150,000 Shares)   (1,750,661)
Net Income (Loss)   136,036 
      
Net Asset Value End of Month  $17,555,716 
Net Asset Value Per Share (1,550,000 Shares)  $11.33 

 

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 August 31, 2023 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