EX-99.1 2 tm243433d5_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, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(1,272,358)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (686,793)
Dividend Income   53,943 
Interest Income   17,838 
Total Income (Loss)  $(1,887,370)
      
Expenses     
General Partner Management Fees  $10,550 
Professional Fees   20,208 
Brokerage Commissions   342 
Directors' Fees and insurance   1,997 
License fees   211 
Total Expenses   33,308 
Expense Waiver   (20,649)
Net Expenses  $12,659 
Net Income (Loss)  $(1,900,029)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/23  $18,195,979 
Net Income (Loss)   (1,900,029)
      
Net Asset Value End of Month  $16,295,950 
Net Asset Value Per Share (1,900,000 Shares)  $8.58 

 

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, 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