The United States 12 Month Natural Gas Fund, LP (NYSE Arca: UNL), a commodity pool operating as a limited partnership, disclosed its monthly financial statement for June 2024 today, highlighting its performance and net asset value changes.
The financial statement, which includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, was made public in accordance with Rule 4.22 under the Commodity Exchange Act. This filing provides investors with an update on the fund’s financial status as of the end of June.
The document, now accessible on the fund’s website, indicates the performance of the fund over the past month, including income, losses, and any changes to its net asset value. The fund, which is managed by United States Commodity Funds LLC, trades on the NYSE Arca and is designed to offer exposure to prices.
The fund’s monthly account statement is a regulatory requirement and serves as a transparency measure for current and potential investors. It provides a detailed look into the fund’s financial movements and is a critical tool for assessing the fund’s health and performance.
The SEC filing also clarifies that the information provided, including the monthly account statement, is not to be considered “filed” for regulatory purposes and is not incorporated by reference into any filings under the Securities Act of 1933.
This financial disclosure is part of the fund’s ongoing commitment to provide timely and accurate information to the market. The United States 12 Month Natural Gas Fund, LP, through its general partner, United States Commodity Funds LLC, ensures that all the necessary information is available to the public in compliance with the regulations set forth by the SEC.
Investors interested in the detailed financial performance of the fund can refer to the full monthly account statement provided in the SEC filing. The statement is based on the press release issued by the United States 12 Month Natural Gas Fund, LP.
In other recent news, the United States 12 Month Natural Gas Fund, LP has disclosed its monthly financial statements for May 2024. The details, which include a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, were made available in a regulatory filing and can also be found on the fund’s website. This information is essential for investors tracking the performance of commodities and related investment vehicles.
The document, submitted to the Securities and Exchange Commission, is not considered “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 and will not be incorporated into any filings under the Securities Act of 1933 unless specifically referenced.
The United States 12 Month Natural Gas Fund is represented by its general partner, United States Commodity Funds LLC, a Delaware limited partnership.
The recent developments highlight the fund’s financial status as of the end of May 2024. The fund ensures that all financial disclosures are made in accordance with regulatory requirements, providing investors with the necessary information for their decision-making process. These facts provide a snapshot of recent developments in the financial status of the United States 12 Month Natural Gas Fund, LP.
InvestingPro Insights
The recent financial statement from the United States 12 Month Natural Gas Fund, LP (NYSE Arca: UNL) sheds light on its performance, but additional context is provided by InvestingPro data and tips. With a market cap of $16.28 million, the fund has experienced notable price fluctuations, including a 1-week total return of -5.97% and a more significant 1-year total return decrease of -34.31%. These figures underscore the volatile nature of commodity investments and the challenges faced in the current market period.
InvestingPro Tips suggest caution, highlighting that the stock is currently in oversold territory and is trading near its 52-week low, which could indicate a potential entry point for investors looking for value. However, the fund’s weak gross profit margins and a valuation that implies a poor free cash flow yield are areas of concern. Moreover, the absence of dividend payments to shareholders may affect the attractiveness of UNL as an income-generating investment.
For investors seeking more comprehensive analysis, there are additional InvestingPro Tips available that could provide deeper insights into UNL’s performance. By using the coupon code PRONEWS24, investors can receive up to 10% off a yearly Pro and a yearly or biyearly Pro+ subscription, gaining access to a wealth of detailed financial data and expert analytics to inform their investment decisions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
