Attached files
| file | filename |
|---|---|
| 8-K - 2011-0629 US12NG FORM 8K - United States 12 Month Natural Gas Fund, LP | us12ng8k_2011-0629.htm |
|
Exhibit 99.1
|
|||||
|
United States 12 Month Natural Gas Fund, LP
|
|||||
|
Monthly Account Statement
|
|||||
|
For the Month Ended May 31, 2011
|
|||||
|
Statement of Income (Loss)
|
|||||
|
Income
|
|||||
|
Realized Trading Gain (Loss)
|
$ | (351,580 | ) | ||
|
Unrealized Gain (Loss) on Market Value of Futures
|
(487,870 | ) | |||
|
Dividend Income
|
240 | ||||
|
Interest Income
|
28 | ||||
|
Total Income (Loss)
|
$ | (839,182 | ) | ||
|
Expenses
|
|||||
|
Investment Advisory Fee
|
$ | 23,351 | |||
|
NYMEX License Fee
|
777 | ||||
|
Brokerage Commissions
|
444 | ||||
|
Non-interested Directors' Fees and Expenses
|
245 | ||||
|
Prepaid Insurance Expense
|
101 | ||||
|
Other Expenses
|
16,988 | ||||
|
Total Expenses
|
41,906 | ||||
|
Expense Waiver
|
(12,318 | ) | |||
|
Net Expenses
|
$ | 29,588 | |||
|
Net Gain (Loss)
|
$ | (868,770 | ) | ||
|
Statement of Changes in Net Asset Value
|
|||||
|
Net Asset Value Beginning of Period 5/1/11
|
$ | 39,026,166 | |||
|
Net Gain (Loss)
|
(868,770 | ) | |||
|
Net Asset Value End of Period
|
$ | 38,157,396 | |||
|
Net Asset Value Per Unit (1,100,000 Units)
|
$ | 34.69 | |||
|
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, 2011 is accurate and complete.
|
|||||
|
/s/ Howard Mah
|
|||||
|
Howard Mah
|
|||||
|
Chief Financial Officer
|
|||||
|
United States Commodity Funds LLC, General Partner of United States 12 Month Natural Gas Fund, LP
|
|||||
|
United States Commodity Funds LLC
|
|||||
|
1320 Harbor Bay Parkway
|
|||||
|
Suite 145
|
|||||
|
Alameda, CA 94502
|
|||||