US 12-Month Natural Gas Fund Reports $263K August Net Loss

The United States 12 Month Natural Gas Fund LP reported its August 2026 results on September 29, showing a net loss of $263,133 despite income from dividends, interest, and ETF transaction fees.

This net loss was largely driven by trading in natural gas futures, which resulted in a realized loss of $454,943 but also an unrealized gain of $172,903. This highlights the significant impact that futures price movements can have on the fund's performance.

The fund's net asset value rose from $16.16 million at the start of August to $16.48 million by month-end, primarily due to capital additions of 100,000 shares.