EX-99.1 2 tm2514809d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended April 30, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $342,438 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (2,479,408)
Dividend Income   21,202 
Interest Income   24,969 
ETF Transaction Fees   1,750 
Total Income (Loss)  $(2,089,049)
      
Expenses     
General Partner Management Fees  $6,614 
Brokerage Commissions   518 
Directors' Fees and insurance   180 
License fees   677 
Total Expenses  $7,989 
Net Income (Loss)  $(2,097,038)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/25  $16,419,269 
Additions (100,000 Shares)   842,122 
Withdrawals ((350,000) Shares)   (3,130,870)
Net Income (Loss)   (2,097,038)
      
Net Asset Value End of Month  $12,033,483 
Net Asset Value Per Share (1,350,000 Shares)  $8.91 

 

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 April 30, 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