other
confidence high
sentiment neutral
materiality 0.15
UNL reports monthly net loss of $397K for August 2024; NAV per share $7.24
United States 12 Month Natural Gas Fund, LP
- Net loss of $396,746 for month ended August 31, 2024, from $357,763 total loss and $38,983 expenses.
- Realized trading loss on commodity futures of $265,307; unrealized loss of $174,493.
- Net asset value per share $7.24 on 2,550,000 shares; total NAV $18.47M.
- Dividend income $48,447 and interest income $32,540 offset trading losses.