Attached files
| file | filename |
|---|---|
| 8-K - 2011-0329 US12OF FORM 8K - United States 12 Month Oil Fund, LP | us12of8k_2011-0329.htm |
|
Exhibit 99.1
|
|||||
|
United States 12 Month Oil Fund, LP
|
|||||
|
Monthly Account Statement
|
|||||
|
For the Month Ended February 28, 2011
|
|||||
|
Statement of Income (Loss)
|
|||||
|
Income
|
|||||
|
Realized Trading Gain (Loss)
|
$ | 1,532,740 | |||
|
Unrealized Gain (Loss) on Market Value of Futures
|
4,474,370 | ||||
|
Dividend Income
|
2,966 | ||||
|
Interest Income
|
235 | ||||
|
ETF Transaction Fees
|
11,000 | ||||
|
Total Income (Loss)
|
$ | 6,021,311 | |||
|
Expenses
|
|||||
|
Investment Advisory Fee
|
$ | 96,060 | |||
|
Tax Reporting Fees
|
24,164 | ||||
|
Audit fees
|
6,496 | ||||
|
Brokerage Commissions
|
6,057 | ||||
|
NYMEX License Fee
|
3,903 | ||||
|
Non-interested Directors' Fees and Expenses
|
1,117 | ||||
|
Prepaid Insurance Expense
|
1,066 | ||||
|
SEC & FINRA Registration Expense
|
728 | ||||
|
Total Expenses
|
$ | 139,591 | |||
|
Net Gain (Loss)
|
$ | 5,881,720 | |||
|
Statement of Changes in Net Asset Value
|
|||||
|
Net Asset Value Beginning of Period 2/1/11
|
$ | 190,763,712 | |||
|
Additions (1,200,000 Units)
|
51,963,145 | ||||
|
Net Gain (Loss)
|
5,881,720 | ||||
|
Net Asset Value End of Period
|
$ | 248,608,577 | |||
|
Net Asset Value Per Unit (5,500,000 Units)
|
$ | 45.20 | |||
|
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 February 28, 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
|
|||||