Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - United States 12 Month Oil Fund, LP | v233455_8-k.htm |
Exhibit 99.1
United States 12 Month Oil Fund, LP
Monthly Account Statement
For the Month Ended July 31, 2011
|
Statement of Income (Loss)
|
||||
|
Income
|
||||
|
Realized Trading Gain (Loss)
|
$
|
1,531,140
|
||
|
Unrealized Gain (Loss) on Market Value of Futures
|
(2,312,950
|
)
|
||
|
Dividend Income
|
1,465
|
|||
|
Interest Income
|
234
|
|||
|
Total Income (Loss)
|
$
|
(780,111
|
)
|
|
|
Expenses
|
||||
|
Investment Advisory Fee
|
$
|
110,859
|
||
|
Audit Fees
|
7,192
|
|||
|
NYMEX License Fee
|
4,737
|
|||
|
Non-interested Directors' Fees and Expenses
|
1,645
|
|||
|
Brokerage Commissions
|
1,204
|
|||
|
Prepaid Insurance Expense
|
930
|
|||
|
SEC & FINRA Registration Expense
|
806
|
|||
|
Legal Fees
|
505
|
|||
|
Total Expenses
|
$
|
127,878
|
||
|
Net Gain (Loss)
|
$
|
(907,989
|
)
|
|
|
Statement of Changes in Net Asset Value
|
||||
|
Net Asset Value Beginning of Period 7/1/11
|
$
|
214,556,275
|
||
|
Net Gain (Loss)
|
(907,989
|
)
|
||
|
Net Asset Value End of Period
|
$
|
213,648,286
|
||
|
Net Asset Value Per Unit (4,900,000 Units)
|
$
|
43.60
|
To the Limited Partners of United States 12 Month Oil Fund, LP:
Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended July 31, 2011 is accurate and complete.
|
/s/ Howard Mah
|
||||
|
Howard Mah
|
||||
|
Chief Financial Officer
|
||||
| United States Commodity Funds LLC, General Partner of United States 12 Month Oil Fund, LP | ||||
United States Commodity Funds LLC
1320 Harbor Bay Parkway
Suite 145
Alameda, CA 94502