other material
confidence high
sentiment negative
materiality 0.50
UNL reports net loss of $2.04M for March; NAV per share $11.66
United States 12 Month Natural Gas Fund, LP
- Net loss of $2,036,611 for month ended March 31, 2023, due to realized trading loss of $1,862,397 and unrealized loss of $222,024.
- Net asset value per share $11.66, with total shares outstanding 1,250,000.
- Additions of 200,000 shares ($2.59M) and withdrawals of 100,000 shares ($1.18M) during month.
- Net expenses $12,077 after $10,238 expense waiver; gross expenses $22,315.