EX-99.1 2 tm256731d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $562,691 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (229,011)
Dividend Income   40,318 
Interest Income   27,229 
ETF Transaction Fees   1,400 
Total Income (Loss)  $402,627 
      
Expenses     
General Partner Management Fees  $9,570 
Professional Fees   12,521 
Brokerage Commissions   590 
Directors' Fees and insurance   497 
License fees   767 
Total Expenses   23,945 
Net Income (Loss)  $378,682 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/25  $18,672,121 
Withdrawals (400,000 Shares)   (3,432,215)
Net Income (Loss)   378,682 
      
Net Asset Value End of Month  $15,618,588 
Net Asset Value Per Share (1,900,000 Shares)  $8.22 

 

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 January 31, 2025 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