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