secwatch.observer — SEC 8-K summary
======================================

Issuer:     United States Natural Gas Fund, LP (UNG)
CIK:        0001376227
Form:       8-K
Filed at:   2025-03-31T23:59:59+00:00
Accession:  0001104659-25-029745
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UNG reports $188M net income for Feb; NAV per share $20.33
----------------------------------------------------------

- Net income of $188.1M for month ended Feb 28, 2025, driven by $132.2M in realized and unrealized gains.
- Net asset value declined from $646.6M to $411.7M, with net withdrawals of 21.2M shares (net $423M outflow).
- NAV per share $20.33 on 20.25M shares outstanding at month-end.
- Total income of $188.8M vs total expenses of $0.7M; management fees $304.9K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376227/000110465925029745/0001104659-25-029745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376227/000110465925029745/tm258856d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-029745

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer