Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended October 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $670,643 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,176,564)
Dividend Income   202 
Interest Income   257 
ETF Transaction Fees   700 
Total Income (Loss)  $(504,762)
      
Expenses     
General Partner Management Fees  $10,900 
Professional Fees   8,867 
Brokerage Commissions   386 
Directors' Fees and insurance   1,114 
NYMEX License Fee   218 
Total Expenses   21,485 
Expense Waiver   (8,406)
Net Expenses  $13,079 
Net Income (Loss)  $(517,841)
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $15,931,753 
Additions (150,000 Shares)   2,198,277 
Net Income (Loss)   (517,841)
      
Net Asset Value End of Month  $17,612,189 
Net Asset Value Per Share (1,250,000 Shares)  $14.09 

 

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 October 31, 2021 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