EX-99.1 2 tm2431087d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended November 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(357,865)
Unrealized Gain (Loss) on Market Value of Commodity Futures   2,262,884 
Dividend Income   41,889 
Interest Income   28,957 
ETF Transaction Fees   350 
Total Income (Loss)  $1,976,215 
      
Expenses     
General Partner Management Fees  $9,245 
Professional Fees   12,116 
Brokerage Commissions   515 
Directors' Fees and insurance   456 
License fees   743 
Total Expenses  $23,075 
Net Income (Loss)  $1,953,140 
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/24  $18,328,469 
Withdrawals ((150,000) Shares)   (1,161,034)
Net Income (Loss)   1,953,140 
      
Net Asset Value End of Month  $19,120,575 
Net Asset Value Per Share (2,500,000 Shares)  $7.65 

 

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 November 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