EX-99.1 2 tv505355_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, 2018  

     
Statement of Income (Loss) 
     
Income     
Realized Trading Gain (Loss) on Futures  $(33,783)
Unrealized Gain (Loss) on Market Value of Futures   23,563 
Dividend Income   1,544 
Interest Income   7,498 
ETF Transaction Fees   350 
Total Income (Loss)  $(828)
      
Expenses     
General Partner Management Fees  $3,334 
Professional Fees   4,304 
Brokerage Commissions   153 
Non-interested Directors' Fees and Expenses   50 
Prepaid Insurance Expense   59 
NYMEX License Fee   67 
Total Expenses   7,967 
Expense Waiver   (3,967)
Net Expenses  $4,000 
Net Income (Loss)  $(4,828)

     
Statement of Changes in Net Asset Value 
     
Net Asset Value Beginning of Month 9/1/18  $5,663,619 
Withdrawals (50,000 Shares)   (461,270)
Net Income (Loss)   (4,828)
      
Net Asset Value End of Month  $5,197,521 
Net Asset Value Per Share (550,000 Shares)  $9.45 
      

 

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, 2018 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