EX-99.1 2 tm2424136d5_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, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(265,307)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (174,493)
Dividend Income   48,447 
Interest Income   32,540 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(357,763)
      
Expenses     
General Partner Management Fees  $9,380 
Professional Fees   28,395 
Brokerage Commissions   506 
Directors' Fees and insurance   467 
License fees   235 
Total Expenses  $38,983 
Net Income (Loss)  $(396,746)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/24  $17,348,742 
Additions (200,000 Shares)   1,518,744 
Net Income (Loss)   (396,746)
      
Net Asset Value End of Month  $18,470,740 
Net Asset Value Per Share (2,550,000 Shares)  $7.24 

 

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, 2024 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