---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-075610"
form_type: "8-K"
ticker: "UNL"
cik: "0001405513"
company_name: "United States 12 Month Natural Gas Fund, LP"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:28:06.007256+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# United States 12 Month Natural Gas Fund reports NAV of $10.62 as of May 31, 2023; net loss of $1.17M

## Summary
- Net loss of $1,174,342 for month ended May 31, 2023.
- Net asset value per share $10.62, down from $11.42 at beginning of month.
- Realized trading loss of $1,193,239; unrealized loss of $34,591.
- Dividend income $57,862; interest income $7,337.
- Net expenses $12,061 after $9,939 waiver.

## SEC filing metadata
- accession: 0001104659-23-075610
- form_type: 8-K
- ticker: UNL
- cik: 0001405513
- company_name: United States 12 Month Natural Gas Fund, LP
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405513/000110465923075610/0001104659-23-075610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405513/000110465923075610/tm2318578d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-075610
- JSON: https://secwatch.observer/filing/0001104659-23-075610.json
- Plain text: https://secwatch.observer/filing/0001104659-23-075610.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.