EX-99.1 2 tv523787_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended May 31, 2019

Statement of Income (Loss)

Income
Realized Trading Gain (Loss) on Futures		$	(1,007	)
Unrealized Gain (Loss) on Market Value of Futures			(201,073	)
Dividend Income			985
Interest Income			7,779
Total Income (Loss)		$	(193,316	)
Expenses
General Partner Management Fees		$	2,900
Professional Fees			7,548
Brokerage Commissions			90
Non-interested Directors' Fees and Expenses			47
Prepaid Insurance Expense			29
NYMEX License Fee			58
Total Expenses			10,672
Expense Waiver			(7,193	)
Net Expenses		$	3,479
Net Income (Loss)		$	(196,795	)

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 5/1/19		$	4,535,636
Net Income (Loss)			(196,795	)
Net Asset Value End of Month		$	4,338,841
Net Asset Value Per Share (450,000 Shares)		$	9.64

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 May 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