United States 12 Month Natural Gas Fund, LP - FORM 8-K - EX-99.1 - 2012-0430 US12NG FINANCIAL STATEMENT - May 30, 2012

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8-K - 2012-0430 US12NG FORM 8K - United States 12 Month Natural Gas Fund, LPus12ng8k_2012-0430.htm
     
Exhibit 99.1
  
United States 12 Month Natural Gas Fund, LP
      
Monthly Account Statement
      
For the Month Ended April 30, 2012
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss) on Futures
   $ (2,034,620 )
Unrealized Gain (Loss) on Market Value of Futures
     2,139,080  
Dividend Income
     330  
Interest Income
     391  
ETF Transaction Fees
     350  
              Total Income (Loss)                                    
 $ 105,531  
           
Expenses
          
General Partner Management Fees
   $ 17,130  
Brokerage Commissions
     946  
NYMEX License Fee
     343  
Non-interested Directors' Fees and Expenses
     247  
Prepaid Insurance Expense
     158  
Other Expenses
     8,265  
 
Total Expenses
     27,089  
Expense Waiver
     (4,839 )
 
Net Expenses
   $ 22,250  
 
      Net Income (Loss)
   $ 83,281  
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Month 4/1/12
   $ 28,649,446  
Additions (100,000 Units)
     1,545,959  
Net Income (Loss)
     83,281  
           
 
Net Asset Value End of Month
 $ 30,278,686  
 
Net Asset Value Per Unit (1,850,000 Units)
 $ 16.37  
           
           
           
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 April 30, 2012 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
        
           
           
           

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