EX-99.1 2 tm2328418d5_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, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(894,863)
Unrealized Gain (Loss) on Market Value of Commodity Futures   121,483 
Dividend Income   60,719 
Interest Income   10,916 
Total Income (Loss)  $(701,745)
      
Expenses     
General Partner Management Fees  $10,463 
Professional Fees   18,056 
Brokerage Commissions   262 
Directors' Fees and insurance   1,686 
License fees   210 
Total Expenses   30,677 
Expense Waiver   (18,121)
Net Expenses  $12,556 
Net Income (Loss)  $(714,301)

  

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/23  $17,555,716 
Net Income (Loss)   (714,301)
      
Net Asset Value End of Month  $16,841,415 
Net Asset Value Per Share (1,550,000 Shares)  $10.87 

  

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, 2023 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