EX-99.1 2 tm2225954d5_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended August 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $2,319,657 
Unrealized Gain (Loss) on Market Value of Commodity Futures   3,307,453 
Dividend Income   69,104 
Interest Income   10,374 
ETF Transaction Fees   350 
Total Income (Loss)  $5,706,938 
      
Expenses     
General Partner Management Fees  $27,033 
Professional Fees   20,717 
Brokerage Commissions   613 
Directors' Fees and insurance   1,233 
NYMEX License Fee   541 
Total Expenses   50,137 
Expense Waiver   (17,697)
Net Expenses  $32,440 
Net Income (Loss)  $5,674,498 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/22  $43,168,576 
Withdrawals (200,000 Shares)   (4,739,717)
Net Income (Loss)   5,674,498 
      
Net Asset Value End of Month  $44,103,357 
Net Asset Value Per Share (1,600,000 Shares)  $27.56 

 

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 August 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