United States 12 Month Natural Gas Fund, LP (UNG) filed a Form 8-K on September 29, 2026, disclosing its financial results for the month ended August 31, 2026. The filing includes a monthly account statement detailing the fund's income, expenses, and changes in net asset value.
The fund reported a net loss of $263,133 for the month. This loss was driven primarily by realized trading losses on commodity futures, which totaled $454,943. These were partially offset by an unrealized gain on the market value of futures of $172,903 and dividend and interest income totaling $48,596.
Operating expenses for the month amounted to $30,039. These costs included general partner management fees of $8,187, professional fees of $20,271, brokerage commissions of $366, and other administrative costs such as directors' fees, insurance, and license fees.
Regarding capital changes, the fund reported a net asset value (NAV) beginning of the month of $16,160,523. During the month, the fund added 100,000 shares, which contributed $582,535 to the total assets. After accounting for the net loss, the fund reported a net asset value end of month of $16,479,925. The net asset value per share was calculated at $5.89 based on 2,800,000 shares outstanding.
