EX-99.1 2 v384809_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP    
Monthly Account Statement    
For the Month Ended June 30, 2014    
     
Statement of Income (Loss)     
      
Income     
Realized Trading Gain (Loss) on Futures  $257,318 
Unrealized Gain (Loss) on Market Value of Futures   (453,950)
Dividend Income   255 
Interest Income   153 
Total Income (Loss)  $(196,224)
      
Expenses     
Professional Fees  $15,660 
General Partner Management Fees   11,162 
Prepaid Insurance Expense   262 
Non-interested Directors' Fees and Expenses   230 
NYMEX License Fee   223 
Brokerage Commissions   219 
Total Expenses   27,756 
Expense Waiver   (13,733)
Net Expenses  $14,023 
Net Income (Loss)  $(210,247)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 6/1/14  $17,817,941 
Net Income (Loss)   (210,247)
      
Net Asset Value End of Month  $17,607,694 
Net Asset Value Per Share (900,000 Shares)  $19.56 

 

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 June 30, 2014 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

1999 Harrison Street, Suite 1530

Oakland, CA 94612