EX-99.1 2 us12ng8kex99_2010-0731.htm 2010-0731 US12NG FINANCIAL STATEMENTS

us12ng8kex99_2010-0731.htm

			Exhibit 99.1
United States 12 Month Natural Gas Fund, LP
Monthly Account Statement
For the Month Ended July 31, 2010
Statement of Income (Loss)
Income
Realized Trading Gain (Loss)			$	(507,440	)
Unrealized Gain (Loss) on Market Value of Futures				510,820
Dividend Income				1,468
Interest Income				98
	Total Income (Loss)		$	4,946
Expenses
Investment Advisory Fee			$	18,562
NYMEX License Fee				594
Non-interested Directors' Fees and Expenses				158
Prepaid Insurance Expense				109
Brokerage Commissions				(557	)
Other Expenses				520
	Total Expenses		$	19,386
	Net Gain (Loss)		$	(14,440	)
Statement of Changes in Net Asset Value
Net Asset Value Beginning of Period 7/1/10			$	29,649,845
Net Gain (Loss)				(14,440	)
	Net Asset Value End of Period		$	29,635,405
	Net Asset Value Per Unit (700,000 Units)		$	42.34
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 July 31, 2010 is accurate and complete.
/s/ Howard Mah
Howard Mah
Chief Financial Officer
United States Commodity Funds LLC, General Partner of United States 12 Month Natural Gas Fund, LP
United States Commodity Funds LLC
1320 Harbor Bay Parkway
Suite 145
Alameda, CA 94502