EX-99.1 2 tm2414449d5_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, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(469,173)
Unrealized Gain (Loss) on Market Value of Commodity Futures   636,173 
Dividend Income   47,103 
Interest Income   26,489 
ETF Transaction Fees   350 
Total Income (Loss)  $240,942 
      
Expenses     
General Partner Management Fees  $10,673 
Professional Fees   19,557 
Brokerage Commissions   426 
Directors' Fees and insurance   1,189 
License fees   213 
Total Expenses   32,058 
Expense Waiver   (19,250)
Net Expenses  $12,808 
Net Income (Loss)  $228,134 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/24  $17,100,587 
Additions (100,000 Shares)   792,448 
Net Income (Loss)   228,134 
      
Net Asset Value End of Month  $18,121,169 
Net Asset Value Per Share (2,300,000 Shares)  $7.88 

 

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, 2024 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