EX-99.1 2 v459932_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2017

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $213,088 
Unrealized Gain (Loss) on Market Value of Futures   (1,674,188)
Dividend Income   2,044 
Interest Income   3,929 
Total Income (Loss)  $(1,455,127)
      
Expenses     
General Partner Management Fees  $9,887 
Brokerage Commissions   250 
Non-interested Directors' Fees and Expenses   94 
Prepaid Insurance Expense   57 
NYMEX License Fee   198 
Total Expenses  $10,486 
Net Income (Loss)  $(1,465,613)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 1/1/17  $16,445,678 
Net Income (Loss)   (1,465,613)
      
Net Asset Value End of Month  $14,980,065 
Net Asset Value Per Share (1,400,000 Shares)  $10.70 

 

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 January 31, 2017 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

1999 Harrison Street, Suite 1530

Oakland, CA 94612