EX-99.1 2 tm2426255d5_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, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(267,562)
Unrealized Gain (Loss) on Market Value of Commodity Futures   1,983,683 
Dividend Income   45,548 
Interest Income   33,500 
ETF Transaction Fees   700 
Total Income (Loss)  $1,795,869 
      
Expenses     
General Partner Management Fees  $9,449 
Professional Fees   24,732 
Brokerage Commissions   477 
Directors' Fees and insurance   449 
License fees   236 
Total Expenses  $35,343 
Net Income (Loss)  $1,760,526 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/24  $18,470,740 
Additions (100,000 Shares)   727,521 
Withdrawals ((100,000) Shares)   (765,912)
Net Income (Loss)   1,760,526 
      
Net Asset Value End of Month  $20,192,875 
Net Asset Value Per Share (2,550,000 Shares)  $7.92 

 

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, 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