UNL reports net loss of $1.1M for Feb 2024; NAV per share falls to $8.10

United States 12 Month Natural Gas Fund, LP

Net loss of $1,103,123 for month ended Feb 29, 2024, driven by $3.6M realized trading loss.
NAV decreased from $23.9M to $16.2M; NAV per share $8.10 on 2.0M shares.
Share redemptions of 1,000,000 shares ($7.7M) exceeded additions of 150,000 shares ($1.2M).
Unrealized gain on commodity futures was $2.4M, partially offsetting realized losses.

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