United States 12 Month Oil Fund, LP - FORM 8-K - EX-99.1 - 2011-0527 US12OF FINANCIAL STATEMENT - May 27, 2011

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8-K - 2011-0527 US12OF FORM 8K - United States 12 Month Oil Fund, LPus12of8k_2011-0527.htm

     
Exhibit 99.1
  
United States 12 Month Oil Fund, LP
      
Monthly Account Statement
      
For the Month Ended April 30, 2011
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss)
   $ 7,184,360  
Unrealized Gain (Loss) on Market Value of Futures
     9,115,570  
Dividend Income
     2,750  
Interest Income
     140  
ETF Transaction Fees
     3,000  
 
Total Income (Loss)
 $ 16,305,820  
           
Expenses
          
Investment Advisory Fee
   $ 138,785  
Tax Reporting Fees
     25,890  
Audit Fees
     6,960  
NYMEX License Fee
     5,660  
Brokerage Commissions
     2,324  
Non-interested Directors' Fees and Expenses
     1,633  
Tax Fees
     950  
Prepaid Insurance Expense
     900  
SEC & FINRA Registration Expense
     780  
 
Total Expenses
   $ 183,882  
 
Net Gain (Loss)
   $ 16,121,938  
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Period 4/1/11
   $ 286,152,905  
Withdrawals (400,000 Units)
     (19,684,945 )
Net Gain (Loss)
     16,121,938  
           
 
Net Asset Value End of Period
 $ 282,589,898  
 
Net Asset Value Per Unit (5,500,000 Units)
 $ 51.38  
           
           
           
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 April 30, 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
        
           

United States 12 Month Oil Fund, LP Reports