EX-99.1 2 tv494500_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, 2018    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(53,240)
Unrealized Gain (Loss) on Market Value of Futures   (68,400)
Dividend Income   2,062 
Interest Income   6,402 
ETF Transaction Fees   350 
Total Income (Loss)  $(112,826)
      
Expenses     
General Partner Management Fees  $4,048 
Professional Fees   6,555 
Brokerage Commissions   229 
Non-interested Directors' Fees and Expenses   56 
NYMEX License Fee   81 
Total Expenses   10,969 
Expense Waiver   (6,158)
Net Expenses  $4,811 
Net Income (Loss)  $(117,637)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 4/1/18  $6,967,340 
Withdrawals (100,000 Shares)   (925,815)
Net Income (Loss)   (117,637)
      
Net Asset Value End of Month  $5,923,888 
Net Asset Value Per Share (650,000 Shares)  $9.11 

 

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, 2018 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