---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-084670"
form_type: "8-K"
ticker: "UNL"
cik: "0001405513"
company_name: "United States 12 Month Natural Gas Fund, LP"
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:25:40.953340+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# UNL reports July net loss of $881,569; NAV per share $8.08

## Summary
- Net loss of $881,569 for July; unrealized commodity futures loss of $978,174 partially offset by realized gain of $76,503.
- Total net assets decreased to $10.9M from $12.2M; NAV per share ended at $8.08.
- Share count fell by 50k shares net (50k additions at $431,864, 100k withdrawals at $862,476).
- Expenses totaled $22,245, including management fees of $5,973.

## SEC filing metadata
- accession: 0001104659-25-084670
- form_type: 8-K
- ticker: UNL
- cik: 0001405513
- company_name: United States 12 Month Natural Gas Fund, LP
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405513/000110465925084670/0001104659-25-084670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405513/000110465925084670/tm2523315d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-084670
- JSON: https://secwatch.observer/filing/0001104659-25-084670.json
- Plain text: https://secwatch.observer/filing/0001104659-25-084670.txt

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