other material
confidence high
sentiment neutral
materiality 0.10
UNL reports monthly account statement for April 2023 with net loss of $288K
United States 12 Month Natural Gas Fund, LP
- Net loss of $287,827 for month ended April 30, 2023, driven by realized trading loss of $1.26M.
- Net asset value per share fell to $11.42, down from prior month's level.
- Total income (loss) of $(276,843) included $928,328 unrealized gain and $50,507 dividend income.
- 1,400,000 shares outstanding; NAV end of month $15,987,736.
- Expenses of $20,822 offset by $9,838 waiver; net expenses $10,984.