secwatch.observer — SEC 8-K summary
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Issuer:     United States Natural Gas Fund, LP (UNG)
CIK:        0001376227
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001104659-24-028528
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UNG reports net income of $21.8M for January; NAV falls to $743M on net redemptions
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- Net income of $21.8M for month ended Jan 31, 2024; realized futures gains of $105.4M offset by unrealized losses of $127.6M.
- NAV declined from $973.9M to $743.4M, driven by net redemptions of 9.6M shares totaling $252.3M.
- NAV per share at month-end: $19.44, based on 38.2M shares outstanding.
- Total expenses for month: $810K, including management fees of $449.8K.
- Monthly account statement furnished under CFTC Rule 4.22; routine disclosure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376227/000110465924028528/0001104659-24-028528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376227/000110465924028528/tm246181d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-028528

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer