EX-99.1 2 tm1919623d3_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP  
Monthly Account Statement  
For the Month Ended October 31, 2019  

 

Statement of Income (Loss)
     
Income     
Realized Trading Gain (Loss) on Futures  $(69,823)
Unrealized Gain (Loss) on Market Value of Futures   194,503 
Dividend Income   811 
Interest Income   5,718 
Total Income (Loss)  $131,209 
      
Expenses     
General Partner Management Fees  $2,528 
Professional Fees   5,687 
Brokerage Commissions   45 
Non-interested Directors' Fees and Expenses   53 
Prepaid Insurance Expense   42 
NYMEX License Fee   51 
Total Expenses   8,406 
Expense Waiver   (5,373)
Net Expenses  $3,033 
Net Income (Loss)  $128,176 

 

Statement of Changes in Net Asset Value
     
Net Asset Value Beginning of Month 10/1/19  $3,977,634 
Net Income (Loss)   128,176 
      
Net Asset Value End of Month  $4,105,810 
Net Asset Value Per Share (450,000 Shares)  $9.12 

 

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 October 31, 2019 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