Attached files
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8-K - 2012-0430 USNG FORM 8K - United States Natural Gas Fund, LP | usng8k_2012-0430.htm |
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 April 30, 2012
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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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$ | (122,239,265 | ) | ||
Realized Trading Gain (Loss) on Swaps
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(23,222,157 | ) | |||
Unrealized Gain (Loss) on Market Value of Futures
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142,983,140 | ||||
Unrealized Gain (Loss) on Market Value of Swaps
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26,707,217 | ||||
Dividend Income
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9,630 | ||||
Interest Income
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8,824 | ||||
ETF Transaction Fees
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25,000 | ||||
Total Income (Loss)
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$ | 24,272,389 | |||
Expenses
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General Partner Management Fees
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$ | 375,916 | |||
Brokerage Commissions
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353,103 | ||||
Tax Reporting Fees
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104,046 | ||||
Audit Fees
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13,151 | ||||
NYMEX License Fee
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9,398 | ||||
Non-interested Directors' Fees and Expenses
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6,744 | ||||
Prepaid Insurance Expense
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4,847 | ||||
Total Expenses
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$ | 867,205 | |||
Net Income (Loss)
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$ | 23,405,184 | |||
Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Month 4/1/12
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$ | 777,630,034 | |||
Additions (16,700,000 Units)
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254,667,749 | ||||
Redemptions (13,200,000 Units)
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(203,814,623 | ) | |||
Net Income (Loss)
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23,405,184 | ||||
Net Asset Value End of Month
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$ | 851,888,344 | |||
Net Asset Value Per Unit (52,066,476 Units)
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$ | 16.36 | |||
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 April 30, 2012 is accurate and complete.
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/s/ Howard Mah | |||||
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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