EX-99.1 2 tv477625_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2017  

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(2,308)
Unrealized Gain (Loss) on Market Value of Futures   (31,642)
Dividend Income   2,497 
Interest Income   5,436 
Total Income (Loss)  $(26,017)
      
Expenses     
General Partner Management Fees  $5,892 
Professional Fees   8,956 
Brokerage Commissions   170 
Non-interested Directors' Fees and Expenses   67 
Prepaid Insurance Expense   99 
NYMEX License Fee   118 
Total Expenses   15,302 
Expense Waiver   (8,230)
Net Expenses  $7,072 
Net Income (Loss)  $(33,089)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 9/1/17  $9,544,067 
Net Income (Loss)   (33,089)
      
Net Asset Value End of Month  $9,510,978 
Net Asset Value Per Share (950,000 Shares)  $10.01 

 

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 September 30, 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