United States 12 Month Oil Fund, LP - FORM 8-K - EX-99.1 - 2011-0831 US12OF FINANCIAL STATEMENT - September 28, 2011

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8-K - 2011-0831 US12OF FORM 8-K - United States 12 Month Oil Fund, LPus12of8k_2011-0831.htm
     
Exhibit 99.1
  
United States 12 Month Oil Fund, LP
      
Monthly Account Statement
      
For the Month Ended August 31, 2011
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss)
   $ (2,882,090 )
Unrealized Gain (Loss) on Market Value of Futures
     (14,225,320 )
Dividend Income
     1,125  
Interest Income
     1,748  
ETF Transaction Fees
     2,100  
 
Total Income (Loss)
   $ (17,102,437 )
           
Expenses
          
Investment Advisory Fee
   $ 101,272  
Audit Fees
     7,192  
NYMEX License Fee
     4,404  
Brokerage Commissions
     2,881  
Non-interested Directors' Fees and Expenses
     1,625  
Prepaid Insurance Expense
     930  
SEC & FINRA Registration Expense
     806  
 
Total Expenses
   $ 119,110  
 
   Net Gain (Loss)
   $ (17,221,547 )
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Period 8/1/11
   $ 213,648,286  
Additions (400,000 Units)
     15,033,278  
Withdrawals (200,000 Units)
     (7,794,400 )
Net Gain (Loss)
     (17,221,547 )
           
 
Net Asset Value End of Period
 $ 203,665,617  
 
Net Asset Value Per Unit (5,100,000 Units)
 $ 39.93  
           
           
           
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 August 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
        
           

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