secwatch.observer — SEC 8-K summary
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Issuer:     United States 12 Month Natural Gas Fund, LP (UNL)
CIK:        0001405513
Form:       8-K
Filed at:   2024-11-29T23:59:59+00:00
Accession:  0001104659-24-123968
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United States 12 Month Natural Gas Fund reports Oct net loss of $2.54M, NAV per share $6.92
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- Net loss of $2,540,794 for October 2024, driven by realized loss of $342,181 and unrealized loss of $2,248,379.
- Net asset value declined from $20,192,875 (Sept 30) to $18,328,469 (Oct 31).
- NAV per share dropped to $6.92 on 2,650,000 shares outstanding (was ~$7.67 based on Sept NAV).
- Additions of 150,000 shares ($1.05M) and withdrawals of 50,000 shares ($378K) occurred during the month.
- Total expenses were $28,098; management fees $9,725, professional fees $16,581.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405513/000110465924123968/0001104659-24-123968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405513/000110465924123968/tm2428595d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-123968

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