EX-99.1 2 tm2417367d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP 

Monthly Account Statement 

For the Month Ended May 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(128,441)
Unrealized Gain (Loss) on Market Value of Commodity Futures   885,601 
Dividend Income   48,686 
Interest Income   34,255 
Total Income (Loss)  $840,101 
      
Expenses     
General Partner Management Fees  $12,014 
Professional Fees   20,208 
Brokerage Commissions   329 
Directors' Fees and insurance   615 
License fees   241 
Total Expenses  $33,407 
Net Income (Loss)  $806,694 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 5/1/24  $18,121,169 
Net Income (Loss)   806,694 
      
Net Asset Value End of Month  $18,927,863 
Net Asset Value Per Share (2,300,000 Shares)  $8.23 

 

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 May 31, 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