EX-99.1 2 v440414_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, 2016    

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(372,926)
Unrealized Gain (Loss) on Market Value of Futures   1,513,168 
Dividend Income   532 
Interest Income   2,798 
Total Income (Loss)  $1,143,572 
      
Expenses     
General Partner Management Fees  $7,510 
Professional Fees   8,616 
Brokerage Commissions   288 
Non-interested Directors' Fees and Expenses   64 
Prepaid Insurance Expense   55 
NYMEX License Fee   150 
Total Expenses   16,683 
Expense Waiver   (7,580)
Net Expenses  $9,103 
Net Income (Loss)  $1,134,469 

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 4/1/16  $11,801,891 
Net Income (Loss)   1,134,469 
      
Net Asset Value End of Month  $12,936,360 
Net Asset Value Per Share (1,350,000 Shares)  $9.58 

 

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, 2016 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