Attached files
| file | filename |
|---|---|
| 8-K - 2011-0228 US12OF FORM 8K - United States 12 Month Oil Fund, LP | us12of8k_2011-0228.htm |
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Exhibit 99.1
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United States 12 Month Oil Fund, LP
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Monthly Account Statement
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For the Month Ended January 31, 2011
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Statement of Income (Loss)
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Income
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Realized Trading Gain (Loss)
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$ | 235,710 | |||
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Unrealized Gain (Loss) on Market Value of Futures
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6,220,660 | ||||
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Dividend Income
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4,989 | ||||
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Interest Income
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132 | ||||
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ETF Transaction Fees
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1,000 | ||||
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Total Income (Loss)
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$ | 6,462,491 | |||
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Expenses
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Investment Advisory Fee
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$ | 93,381 | |||
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Tax Reporting Fees
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29,342 | ||||
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Audit fees
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6,811 | ||||
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NYMEX License Fee
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3,800 | ||||
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Prepaid Insurance Expense
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1,944 | ||||
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Brokerage Commissions
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1,322 | ||||
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Non-interested Directors' Fees and Expenses
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1,098 | ||||
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SEC & FINRA Registration Expense
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788 | ||||
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Legal Fees
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326 | ||||
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Total Expenses
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$ | 138,812 | |||
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Net Gain (Loss)
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$ | 6,323,679 | |||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 1/1/11
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$ | 180,203,262 | |||
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Additions (100,000 Units)
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4,236,771 | ||||
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Net Gain (Loss)
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6,323,679 | ||||
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Net Asset Value End of Period
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$ | 190,763,712 | |||
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Net Asset Value Per Unit (4,300,000 Units)
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$ | 44.36 | |||
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To the Limited Partners of United States 12 Month Oil 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 January 31, 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 12 Month Oil 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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