EX-99.1 2 tm258856d5_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended February 28, 2025

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Commodity Futures		$	567,776
Unrealized Gain (Loss) on Market Value of Commodity Futures			1,993,344
Dividend Income			33,459
Interest Income			22,750
ETF Transaction Fees			700
Total Income (Loss)		$	2,618,029
Expenses
General Partner Management Fees		$	7,917
Professional Fees			11,309
Brokerage Commissions			397
Directors' Fees and insurance			426
License fees			676
Total Expenses		$	20,725
Net Income (Loss)		$	2,597,304

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 2/1/25		$	15,618,588
Withdrawals ((200,000) Shares)			(1,956,400	)
Net Income (Loss)			2,597,304
Net Asset Value End of Month		$	16,259,492
Net Asset Value Per Share (1,700,000 Shares)		$	9.56

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 February 28, 2025 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