Attached files
file | filename |
---|---|
8-K - 2011-1130 US12OF FORM 8K - United States 12 Month Oil Fund, LP | us12of8k_2011-1130.htm |
Exhibit 99.1
|
|||||
United States 12 Month Oil Fund, LP
|
|||||
Monthly Account Statement
|
|||||
For the Month Ended November 30, 2011
|
|||||
Statement of Income (Loss)
|
|||||
Income
|
|||||
Realized Trading Gain (Loss)
|
$ | 278,240 | |||
Unrealized Gain (Loss) on Market Value of Futures
|
14,103,370 | ||||
Dividend Income
|
2,120 | ||||
Interest Income
|
1,065 | ||||
ETF Transaction Fees
|
1,750 | ||||
Total Income (Loss)
|
$ | 14,386,545 | |||
Expenses
|
|||||
Investment Advisory Fee
|
$ | 92,951 | |||
Audit Fees
|
6,960 | ||||
NYMEX License Fee
|
2,323 | ||||
Brokerage Commissions
|
976 | ||||
Prepaid Insurance Expense
|
900 | ||||
SEC & FINRA Registration Expense
|
780 | ||||
Non-interested Directors' Fees and Expenses
|
752 | ||||
Total Expenses
|
$ | 105,642 | |||
Net Income (Loss)
|
$ | 14,280,903 | |||
Statement of Changes in Net Asset Value
|
|||||
Net Asset Value Beginning of Month 11/1/11
|
$ | 191,069,730 | |||
Withdrawals (500,000 Units)
|
(21,438,609 | ) | |||
Net Income (Loss)
|
14,280,903 | ||||
Net Asset Value End of Month
|
$ | 183,912,024 | |||
Net Asset Value Per Unit (4,200,000 Units)
|
$ | 43.79 | |||
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 November 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
|