Attached files

file filename
8-K - FORM 8-K - United States 12 Month Natural Gas Fund, LPtm213397d5_8k.htm

 

Exhibit 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended December 31, 2020

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(19,341)
Unrealized Gain (Loss) on Market Value of Futures   (283,700)
Dividend Income   9 
Interest Income   175 
ETF Transaction Fees   350 
Total Income (Loss)  $(302,507)
      
Expenses     
General Partner Management Fees  $3,744 
Professional Fees   5,000 
Brokerage Commissions   312 
Directors' Fees and insurance   976 
NYMEX License Fee   74 
Total Expenses   10,106 
Expense Waiver   (5,613)
Net Expenses  $4,493 
Net Income (Loss)  $(307,000)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/20  $6,157,920 
Additions (200,000 Shares)   1,500,540 
Net Income (Loss)   (307,000)
      
Net Asset Value End of Month  $7,351,460 
Net Asset Value Per Share (950,000 Shares)  $7.74 

 

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 December 31, 2020 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