UNG
United States Natural Gas Fund, LP Discloses Monthly Financial Results for September 2024
Summary
United States Natural Gas Fund, LP disclosed its monthly financial results for September 30, 2024, reporting a significant net income of $183,871,450. The fund's Net Asset Value increased from $825,290,763 at the beginning of the month to $889,814,190 at the end of the month, driven by substantial unrealized and realized gains on commodity futures and swap contracts. The income statement details various sources of income, including realized trading gains on commodity futures and swap contracts, unrealized gains on market value of commodity futures and fair value of swap contracts, dividend income, and interest income. Expenses included management fees, professional fees, brokerage commissions, and other administrative costs.
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