Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $262,630 
Unrealized Gain (Loss) on Market Value of Commodity Futures   5,942,509 
Dividend Income   385 
Interest Income   84 
ETF Transaction Fees   350 
Total Income (Loss)  $6,205,958 
      
Expenses     
General Partner Management Fees  $13,920 
Professional Fees   6,767 
Brokerage Commissions   809 
Directors' Fees and insurance   1,114 
NYMEX License Fee   278 
Total Expenses   22,888 
Expense Waiver   (6,185)
Net Expenses  $16,703 
Net Income (Loss)  $6,189,255 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/22  $16,312,586 
Additions (450,000 Shares)   5,449,295 
Net Income (Loss)   6,189,255 
      
Net Asset Value End of Month  $27,951,136 
Net Asset Value Per Share (1,850,000 Shares)  $15.11 

 

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 January 31, 2022 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