EX-99.1 2 tm253437d5_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, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(260,494)
Unrealized Gain (Loss) on Market Value of Commodity Futures   1,276,315 
Dividend Income   41,994 
Interest Income   27,575 
ETF Transaction Fees   3,150 
Total Income (Loss)  $1,088,540 
      
Expenses     
General Partner Management Fees  $9,306 
Professional Fees   12,521 
Brokerage Commissions   1,140 
Directors' Fees and insurance   477 
License fees   761 
Total Expenses  $24,205 
Net Income (Loss)  $1,064,335 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/24  $19,120,575 
Additions (400,000 Shares)   3,053,041 
Withdrawals ((600,000) Shares)   (4,565,830)
Net Income (Loss)   1,064,335 
      
Net Asset Value End of Month  $18,672,121 
Net Asset Value Per Share (2,300,000 Shares)  $8.12 

 

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, 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