United States 12 Month Oil Fund, LP - FORM 8-K - EX-99.1 - 2012-0331 US12OF FINANCIAL STATEMENT - April 27, 2012

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8-K - 2012-0331 US12OF FORM 8K - United States 12 Month Oil Fund, LPus12of8k_2012-0331.htm
     
Exhibit 99.1
  
United States 12 Month Oil Fund, LP
      
Monthly Account Statement
      
For the Month Ended March 31, 2012
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss) on Futures
   $ 240,150  
Unrealized Gain (Loss) on Market Value of Futures
     (5,477,990 )
Dividend Income
     2,326  
Interest Income
     1,013  
ETF Transaction Fees
     1,050  
 
Total Income (Loss)
 $ (5,233,451 )
           
Expenses
          
Investment Advisory Fee
   $ 89,360  
Audit Fees
     7,192  
Tax Reporting Fees
     5,376  
NYMEX License Fee
     2,234  
Non-interested Directors' Fees and Expenses
     1,482  
Brokerage Commissions
     1,093  
Prepaid Insurance Expense
     961  
SEC & FINRA Registration Expense
     806  
Tax Fees
     800  
 
Total Expenses
   $ 109,304  
 
 Net Income (Loss)
 $ (5,342,755 )
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Month 3/1/12
   $ 172,436,857  
Additions (100,000 Units)
     4,687,588  
Net Income (Loss)
     (5,342,755 )
           
 
Net Asset Value End of Month
 $ 171,781,690  
 
Net Asset Value Per Unit (3,750,000 Units)
 $ 45.81  
           
           
           
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 March 31, 2012 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
        

United States 12 Month Oil Fund, LP Reports