8-K: Natural Gas Fund Reports August 2026 Loss

United States 12 Month Natural Gas Fund, LP reported a net loss of $263,133 for the month ended August 31, 2026, primarily driven by trading losses.

Summary

• The United States 12 Month Natural Gas Fund, LP (the Registrant) issued its monthly account statement for August 2026.
• The fund reported a net loss of $263,133 for the month ended August 31, 2026.
• This loss was primarily due to a realized trading loss on commodity futures of $454,943, partially offset by unrealized gains and other income.
• Total expenses for the month were $30,039.
• Despite the net loss, the Net Asset Value (NAV) increased from $16,160,523 at the beginning of the month to $16,479,925 at the end of the month, due to additions of $582,535 from 100,000 new shares.
• The Net Asset Value per Share was $5.89 as of August 31, 2026, based on 2,800,000 shares outstanding.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a negative sentiment due to the net loss reported for the month, despite a slight increase in Net Asset Value.

Positives

• Net Asset Value increased to $16,479,925 by the end of August 2026.
• The fund saw additions of $582,535 from the issuance of 100,000 new shares during the month.
• Dividend income of $41,225 and interest income of $7,371 contributed positively to the fund's overall performance.

Negatives

• The fund incurred a net loss of $263,133 for the month ended August 31, 2026.
• A significant realized trading loss on commodity futures of $454,943 was reported.
• Total expenses amounted to $30,039 for the month.

Future Outlook

No specific forward-looking statements or guidance were provided in this monthly account statement filing.

Management Comments

• To the Limited Partners of United States 12 Month Natural Gas Fund, LP: Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended August 31, 2026 is accurate and complete.

Industry Context

StockSavvy.ai notes that natural gas commodity funds are highly sensitive to market volatility and trading strategies. The reported loss reflects the inherent risks in futures trading, where both realized and unrealized gains/losses can significantly impact monthly performance.

Stakeholder Impact

• Shareholders experienced a net loss for the month, although the Net Asset Value per share remained stable due to new capital inflows.

Key Dates

Keywords

Natural Gas Fund, Commodity Futures, Account Statement, Net Asset Value, Trading Loss, Income Statement, SEC Filing