EX-99.1 2 us12of8kex99_2010-0430.htm 2010-0430 US12OF FINANCIAL STATEMENTS us12of8kex99_2010-0430.htm

           
 Exhibit 99.1
United States 12 Month Oil Fund, LP
        
Monthly Account Statement
        
For the Month Ended April 30, 2010
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                 3,026,680
Unrealized Gain (Loss) on Market Value of Futures
      
                 7,063,200
Interest Income
      
                        3,598
 
Total Income (Loss)
    
$
               10,093,478
             
Expenses
          
Investment Advisory Fee
    
$
                      79,628
Tax Reporting Fees
      
                      24,000
Non-interested Directors' Fees and Expenses
      
                      21,481
Audit fees
        
                      12,000
Legal fees
        
                        6,938
NYMEX License Fee
      
                        3,179
Brokerage Commissions
      
                           992
SEC & FINRA Registration Expense
      
                           600
 
Total Expenses
    
$
                    148,818
 
  
Net Gain (Loss)
    
$
                 9,944,660
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 4/1/10
    
$
             156,217,041
Net Gain (Loss)
      
                 9,944,660
             
 
Net Asset Value End of Period
    
$
             166,161,701
 
Net Asset Value Per Unit (3,800,000 Units)
  
$
                        43.73
             
             
             
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, 2010 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