other material
confidence high
sentiment neutral
materiality 0.30
UNL reports July 2023 net loss of $343,208; NAV per share $11.28
United States 12 Month Natural Gas Fund, LP
- Net loss of $343,208 for month ended July 31, 2023, driven by realized trading loss of $868,655 on commodity futures.
- Net asset value decreased from $17.27M to $19.17M period-end due to $2.24M in share additions partially offset by net loss.
- NAV per share of $11.28 on 1.7M outstanding shares as of July 31, 2023.
- Expenses were $13,091 net of a $15,325 waiver; dividend income of $63,880 and interest income of $7,524.