other
confidence high
sentiment negative
materiality 0.20
United States 12 Month Natural Gas Fund reports net loss of $1.9M for December 2023
United States 12 Month Natural Gas Fund, LP
- Net loss of $1,900,029 for December 2023; net asset value per share $8.58 at month-end.
- Realized trading loss of $1,272,358 and unrealized loss of $686,793 on commodity futures.
- Total expenses net of waivers $12,659; gross expenses $33,308 before $20,649 waiver.
- Net asset value decreased from $18.2M to $16.3M during the month.