other material
confidence high
sentiment neutral
materiality 0.30
United States Natural Gas Fund Nov 2024 net income $131.7M, NAV per share $14.56
United States Natural Gas Fund, LP
- Net income of $131.7M for November 2024, including $77.2M unrealized gains on natural gas futures.
- NAV per share $14.56 at month end; total net asset value $856.9M, up from $797.9M at start of month.
- Net redemptions of $72.7M during the month (15.6M shares withdrawn vs 11.6M shares added).
- Realized trading gain on commodity futures $28.4M; realized gain on swap contracts $23.8M.
- Total expenses for the month $839K, with general partner management fees $423K.