United States 12 Month Natural Gas Fund, LP 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. Price Range of Shares UNL’s shares have traded on the NYSE Arca under the symbol “UNL” since November 18, 2009 As of December 31, 2023, UNL had approximately 4,200 holders of shares. Dividends UNL has not made and does not currently intend to make cash distributions to its shareholders. 52 Table of Contents Issuer Purchases of Equity Securities UNL does not purchase shares directly from its shareholders. In connection with its redemption of baskets held by Authorized Participants, UNL redeemed 5 baskets (comprising 250,000 shares) and 16 baskets (comprising 800,000 shares) for the three and twelve months ended December 31, 2023, respectively. The following table summarizes the redemptions by Authorized Participants during the three months ended December 31, 2023: ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ Average Price Per Period Shares Redeemed Share 10/1/23 to 10/31/23 ​ 200,000 ​ $ 11.08 11/1/23 to 11/30/23 ​ 50,000 ​ ​ 9.98 12/1/23 to 12/31/23 — ​ — Total 250,000 ​ ​ Item 6. [Reserved]. ​ ​