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:   2024-11-29T23:59:59+00:00
Accession:  0001104659-24-123956
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UNG reports October 2024 net loss of $207M, NAV falls to $798M
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- Net loss of $206.9M for month ended Oct 31, 2024; realized/unrealized trading losses of $209M on futures and swaps.
- NAV declined from $889.8M (Oct 1) to $797.9M (Oct 31); NAV per share $12.70 on 62.8M shares.
- Fund added 14.7M shares ($199M) and withdrew 6M shares ($84M) during the month.
- Total income loss of $206M; expenses $813,825 (management fees $422K, brokerage $166K).
- Dividend and interest income totaled $3.1M; ETF transaction fees $13K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376227/000110465924123956/0001104659-24-123956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376227/000110465924123956/tm2428595d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-123956

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