United States 12 Month Natural Gas Fund, LP (UNG) filed a Current Report on Form 8-K on October 30, 2026, disclosing the financial results for the month ended September 30, 2026. The filing includes a monthly account statement detailing the fund's income, expenses, and net asset value for the period.
According to the Statement of Income (Loss), the fund incurred a total income loss of $466,010. This figure was driven primarily by realized trading losses on commodity futures, which totaled $393,955, and unrealized losses on the market value of those futures, which amounted to $121,165. These losses were partially offset by dividend income of $40,544 and interest income of $8,566.
Operating expenses for the month totaled $28,236. These costs included general partner management fees of $8,054, professional fees of $18,701, brokerage commissions of $306, directors' fees and insurance of $974, and license fees of $201.
After accounting for these expenses, the fund reported a net loss of $494,246 for the month.
The Statement of Changes in Net Asset Value indicates that the fund's net asset value began the month on September 1, 2026, at $16,479,925. After applying the net loss for the month, the net asset value ended the period on September 30, 2026, at $15,985,679. The filing also notes that the net asset value per share, based on 2,800,000 shares, was $5.71.
