Attached files
| file | filename |
|---|---|
| 8-K - 2011-0727 USNG FORM 8-K - United States Natural Gas Fund, LP | usng8k_2011-0727.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 June 30, 2011
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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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$ | 34,227,880 | ||
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Realized Trading Gain (Loss) on Swaps
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(16,701,512 | ) | ||
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Unrealized Gain (Loss) on Market Value of Futures
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(99,382,493 | ) | ||
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Unrealized Gain (Loss) on Market Value of Swaps
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(42,025,416 | ) | ||
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Dividend Income
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9,153 | |||
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Interest Income
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17,366 | |||
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ETF Transaction Fees
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13,000 | |||
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Total Income (Loss)
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$ | (123,842,022 | ) | |
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Expenses
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Investment Advisory Fee
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$ | 846,244 | ||
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Brokerage Commissions
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370,710 | |||
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Tax Reporting Fees
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192,330 | |||
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NYMEX License Fee
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38,958 | |||
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Non-interested Directors' Fees and Expenses
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13,272 | |||
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Audit Fees
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13,151 | |||
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SEC & FINRA Registration Expense
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9,300 | |||
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Prepaid Insurance Expense
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7,847 | |||
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Legal Fees
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4,989 | |||
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Total Expenses
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$ | 1,496,801 | ||
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Net Gain (Loss)
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$ | (125,338,823 | ) | |
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 6/1/11
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$ | 2,010,345,733 | ||
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Additions (14,800,000 Units)
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161,877,214 | |||
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Withdrawals (15,400,000 Units)
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(185,275,885 | ) | ||
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Net Gain (Loss)
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(125,338,823 | ) | ||
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Net Asset Value End of Period
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$ | 1,861,608,239 | ||
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Net Asset Value Per Unit (168,997,828 Units)
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$ | 11.02 | ||
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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 June 30, 2011 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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