For the quarter ending 2026-03-31, UNL had -$3,649,550 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | -660,149 | -1,424,526 | -1,348,433 | 1,801,480 |
| Increase (decrease) in payable due to broker | - | 0 | 0 | -230,776 |
| Change in unrealized (gain) loss on open commodity futures contracts | 438,130 | -1,256,621 | -1,204,810 | -724,744 |
| (increase) decrease in dividends receivable | 8,261 | 1,504 | -361 | -17,735 |
| (increase) decrease in interest receivable | -20,740 | 24,406 | -7,551 | -8,372 |
| (increase) decrease in prepaid insurance | 3,405 | -4,480 | -49 | 6,966 |
| Increase (decrease) in general partner management fees payable | -1,806 | 4,991 | -1,044 | -3,137 |
| Increase (decrease) in professional fees payable | - | -40,647 | - | - |
| Increase (decrease) in brokerage commissions payable | - | -391 | - | - |
| Increase (decrease) in professional fees payable | 21,103 | - | 8,091 | -62,758 |
| Increase (decrease) in directors' fees payable | -127 | 152 | -117 | -39 |
| Increase (decrease) in license fees payable | 629 | 607 | 450 | 1,131 |
| Net cash provided by (used in) operating activities | -1,124,073 | -169,956 | -128,282 | 2,249,786 |
| Addition of partnership shares | 1,725,554 | 9,689,934 | 431,864 | 1,830,265 |
| Redemption of partnership shares | 4,251,031 | 0 | 862,476 | 10,079,700 |
| Net cash provided by (used in) financing activities | -2,525,477 | 9,689,934 | -430,612 | -8,249,435 |
| Net increase (decrease) in cash and cash equivalents | -3,649,550 | 9,519,978 | -558,894 | -5,999,649 |
| Total cash, cash equivalents and equity in trading accounts, beginning of period | 20,821,885 | 11,301,907 | 17,860,450 | - |
| Total cash, cash equivalents and equity in trading accounts, end of period | 17,172,335 | 20,821,885 | 11,301,907 | - |
United States 12 Month Natural Gas Fund, LP (UNL)
United States 12 Month Natural Gas Fund, LP (UNL)