---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-102790"
form_type: "8-K"
ticker: "UNL"
cik: "0001405513"
company_name: "United States 12 Month Natural Gas Fund, LP"
filed_at: "2026-08-28T12:26:52+00:00"
generated_at: "2026-08-28T12:30:09.886048+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# UNL July 2026 net loss of $1.18M; NAV per share falls to $5.99

## Summary
- Net loss of $1,175,403 for July 2026; total income (loss) of -$1,145,173.
- Realized trading loss on commodity futures of $404,290; unrealized loss of $790,651.
- Net asset value fell from $17,335,926 to $16,160,523; NAV per share $5.99 on 2.7M shares.
- Expenses totaled $30,230, including $8,440 management fees and $20,270 professional fees.
- Dividend income of $44,190 and interest income of $5,578 partially offset trading losses.

## SEC filing metadata
- accession: 0001104659-26-102790
- form_type: 8-K
- ticker: UNL
- cik: 0001405513
- company_name: United States 12 Month Natural Gas Fund, LP
- filed_at: 2026-08-28T12:26:52+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405513/000110465926102790/0001104659-26-102790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405513/000110465926102790/tm2623039d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-102790
- JSON: https://secwatch.observer/filing/0001104659-26-102790.json
- Plain text: https://secwatch.observer/filing/0001104659-26-102790.txt

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