---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-095597"
form_type: "8-K"
ticker: "UNL"
cik: "0001405513"
company_name: "United States 12 Month Natural Gas Fund, LP"
filed_at: "2023-08-28T23:59:59+00:00"
generated_at: "2026-06-11T02:49:57.310492+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# UNL reports July 2023 net loss of $343,208; NAV per share $11.28

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-095597
- form_type: 8-K
- ticker: UNL
- cik: 0001405513
- company_name: United States 12 Month Natural Gas Fund, LP
- filed_at: 2023-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405513/000110465923095597/0001104659-23-095597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405513/000110465923095597/tm2323305d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-095597
- JSON: https://secwatch.observer/filing/0001104659-23-095597.json
- Plain text: https://secwatch.observer/filing/0001104659-23-095597.txt

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