---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-018807"
form_type: "8-K"
ticker: "UNL"
cik: "0001405513"
company_name: "United States 12 Month Natural Gas Fund, LP"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:50:50.098483+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# UNL reports Jan 2025 net income of $379K; NAV per share $8.22

## Summary
- Net income of $378,682 for month ended January 31, 2025; total income $402,627.
- Realized trading gain on commodity futures of $562,691 offset by unrealized loss of $229,011.
- NAV per share $8.22 on 1.9M shares; ending net asset value $15.62M.
- Withdrawals of 400,000 shares reduced NAV by ~$3.43M during month.

## SEC filing metadata
- accession: 0001104659-25-018807
- form_type: 8-K
- ticker: UNL
- cik: 0001405513
- company_name: United States 12 Month Natural Gas Fund, LP
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405513/000110465925018807/0001104659-25-018807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405513/000110465925018807/tm256731d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-018807
- JSON: https://secwatch.observer/filing/0001104659-25-018807.json
- Plain text: https://secwatch.observer/filing/0001104659-25-018807.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.