EX-99.1 2 tv519577_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP    
Monthly Account Statement    
For the Month Ended March 31, 2019    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $13,069 
Unrealized Gain (Loss) on Market Value of Futures   (191,009)
Dividend Income   980 
Interest Income   8,157 
Total Income (Loss)  $(168,803)
      
Expenses     
General Partner Management Fees  $3,121 
Professional Fees   7,550 
Brokerage Commissions   93 
Non-interested Directors' Fees and Expenses   53 
Prepaid Insurance Expense   61 
NYMEX License Fee   62 
Total Expenses   10,940 
Expense Waiver   (7,194)
Net Expenses  $3,746 
Net Income (Loss)  $(172,549)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 3/1/19  $4,895,595 
Net Income (Loss)   (172,549)
      
Net Asset Value End of Month  $4,723,046 
Net Asset Value Per Share (450,000 Shares)  $10.50 

 

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 March 31, 2019 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