EX-99.1 2 v451362_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, 2016    
     
Statement of Income (Loss) 
      
Income     
Realized Trading Gain (Loss) on Futures  $7,598 
Unrealized Gain (Loss) on Market Value of Futures   (206,778)
Dividend Income   1,213 
Interest Income   2,523 
Total Income (Loss)  $(195,444)
      
Expenses     
General Partner Management Fees  $8,813 
Professional Fees   10,654 
Brokerage Commissions   250 
Non-interested Directors' Fees and Expenses   80 
Prepaid Insurance Expense   55 
NYMEX License Fee   176 
Total Expenses   20,028 
Expense Waiver   (9,452)
Net Expenses  $10,576 
Net Income (Loss)  $(206,020)

  

Statement of Changes in Net Asset Value 
      
Net Asset Value Beginning of Month 9/1/16  $14,395,803 
Net Income (Loss)   (206,020)
      
Net Asset Value End of Month  $14,189,783 
Net Asset Value Per Share (1,400,000 Shares)  $10.14 
      

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, 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