EX-99.1 2 us12of8kex99_2009-0529.htm 2009-0529 US12OF FINANCIAL STATEMENT us12of8kex99_2009-0529.htm
 


Exhibit 99.1
United States 12 Month Oil Fund, LP
      
 
Monthly Account Statement
        
For the Month Ended April 30, 2009
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                 1,635,970
Unrealized Gain (Loss) on Market Value of Futures
      
                (2,765,510)
Interest Income
      
                      27,122
ETF Transaction Fees
      
                        3,000
 
Total Income (Loss)
    
$
                (1,099,418)
             
Expenses
          
Investment Advisory Fee
    
$
                      75,743
SEC & FINRA Registration Expense
      
                      15,000
Legal Fees
        
                      11,100
Brokerage Commissions
      
                        3,348
NYMEX License Fee
      
                        3,148
Non-interested Directors' Fees and Expenses
      
                           997
Tax Reporting Fees
      
                           800
Prepaid Insurance Expense
      
                           419
Other Expenses
      
                        8,250
 
Total Expenses
    
$
                    118,805
   
Net Gain (Loss)
    
$
                (1,218,223)
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 4/1/09
    
$
             148,545,204
Additions (600,000 Units)
      
               17,684,007
Net Gain (Loss)
      
                (1,218,223)
             
 
Net Asset Value End of Period
    
$
             165,010,988
 
Net Asset Value Per Unit (5,500,000 Units)
  
$
                        30.00
             
             
             
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, 2009 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