other material
confidence high
sentiment neutral
materiality 0.10
UNL reports Sep 2024 net income of $1.76M; NAV/share $7.92
United States 12 Month Natural Gas Fund, LP
- Net income of $1,760,526 for month ended Sep 30, 2024, driven by unrealized gains of $1,983,683.
- Realized trading loss of $(267,562) on commodity futures during the month.
- NAV per share $7.92 on 2,550,000 shares outstanding; total NAV $20,192,875.
- Monthly share additions of 100,000 ($727,521) and withdrawals of (100,000) ($765,912).
- Total monthly expenses $35,343, including general partner mgmt fees $9,449.