EX-99.1 2 tm2321447d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement 

For the Month Ended June 30, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(1,222,385)
Unrealized Gain (Loss) on Market Value of Commodity Futures   2,457,895 
Dividend Income   57,638 
Interest Income   7,444 
ETF Transaction Fees   350 
Total Income (Loss)  $1,300,942 
      
Expenses     
General Partner Management Fees  $9,925 
Professional Fees   10,156 
Brokerage Commissions   375 
Directors' Fees and insurance   1,194 
License fees   198 
Total Expenses   21,848 
Expense Waiver   (9,938)
Net Expenses  $11,910 
Net Income (Loss)  $1,289,032 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/23  $15,401,447 
Additions (50,000 Shares)   579,814 
Net Income (Loss)   1,289,032 
      
Net Asset Value End of Month  $17,270,293 
Net Asset Value Per Share (1,500,000 Shares)  $11.51 

 

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 June 30, 2023 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