Attached files
| file | filename |
|---|---|
| 8-K - 2010-1231 USNG FORM 8K - United States Natural Gas Fund, LP | usng8k_2010-1231.htm |
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Exhibit 99.1
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United States Natural Gas Fund, LP
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Monthly Account Statement
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For the Month Ended December 31, 2010
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Statement of Income (Loss)
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Income
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Realized Trading Gain (Loss) on Futures
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$ | 37,851,575 | ||
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Realized Trading Gain (Loss) on Swaps
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9,526,103 | |||
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Unrealized Gain (Loss) on Market Value of Futures
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46,566,370 | |||
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Unrealized Gain (Loss) on Market Value of Swaps
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37,486,568 | |||
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Dividend Income
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74,561 | |||
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Interest Income
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42,328 | |||
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ETF Transaction Fees
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23,000 | |||
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Total Income (Loss)
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$ | 131,570,505 | ||
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Expenses
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Investment Advisory Fee
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$ | 1,223,496 | ||
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Brokerage Commissions
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527,219 | |||
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NYMEX License Fee
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55,049 | |||
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Prepaid Insurance Expense
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42,406 | |||
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Legal Fees
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24,608 | |||
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Non-interested Directors' Fees and Expenses
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15,172 | |||
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Audit Fees
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13,589 | |||
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SEC & FINRA Registration Expense
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8,680 | |||
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Total Expenses
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$ | 1,910,219 | ||
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Net Gain (Loss)
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$ | 129,660,286 | ||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 12/1/10
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$ | 2,621,579,309 | ||
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Additions (40,800,000 Units)
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233,417,078 | |||
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Withdrawals (52,700,000 Units)
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(317,299,836 | ) | ||
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Net Gain (Loss)
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129,660,286 | |||
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Net Asset Value End of Period
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$ | 2,667,356,837 | ||
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Net Asset Value Per Unit (444,600,000 Units)
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$ | 6.00 | ||
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To the Limited Partners of United States Natural Gas Fund, LP:
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Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
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to the best of his knowledge and belief, the information contained in the Account Statement for
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the month ended December 31, 2010 is accurate and complete.
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/s/ Howard Mah
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Howard Mah
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Chief Financial Officer
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United States Commodity Funds LLC, General Partner of United States Natural Gas Fund, LP
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United States Commodity Funds LLC
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1320 Harbor Bay Parkway
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Suite 145
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Alameda, CA 94502
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