United States 12 Month Oil Fund, LP

Condensed Schedule of Investments (Unaudited)

At June 30, 2011

		0000000000		0000000000			0000000000
	Number of Contracts		Gain (Loss) on Open Commodity Contracts			% of Partners’ Capital
Open Futures Contracts - Long
United States Contracts
NYMEX Crude Oil Futures CL August 2011 contracts, expiring July 2011		182	$	1,260,070			0.59
NYMEX Crude Oil Futures CL September 2011 contracts, expiring August 2011		183		611,580			0.29
NYMEX Crude Oil Futures CL October 2011 contracts, expiring September 2011		183		997,170			0.47
NYMEX Crude Oil Futures CL November 2011 contracts, expiring October 2011		182		576,940			0.27
NYMEX Crude Oil Futures CL December 2011 contracts, expiring November 2011		183		479,730			0.22
NYMEX Crude Oil Futures CL January 2012 contracts, expiring December 2011		182		585,890			0.27
NYMEX Crude Oil Futures CL February 2012 contracts, expiring January 2012		183		222,230			0.10
NYMEX Crude Oil Futures CL March 2012 contracts, expiring February 2012		182		(235,220	)		(0.11	)
NYMEX Crude Oil Futures CL April 2012 contracts, expiring March 2012		183		(1,177,370	)		(0.55	)
NYMEX Crude Oil Futures CL May 2012 contracts, expiring April 2012		182		(1,764,730	)		(0.82	)
NYMEX Crude Oil Futures CL June 2012 contracts, expiring May 2012		183		324,250			0.15
NYMEX Crude Oil Futures CL July 2012 contracts, expiring June 2012		182		(515,180	)		(0.24	)

Total Open Futures Contracts		2,190	$	1,365,360			0.64


	Principal Amount		Market Value
Cash Equivalents
United States - Money Market Funds
Fidelity Institutional Government Portfolio - Class I	$	70,156,784	$	70,156,784			32.70
Goldman Sachs Financial Square Funds - Government Fund - Class SL		22,451,190		22,451,190			10.46
Morgan Stanley Institutional Liquidity Fund - Government Portfolio		90,512,514		90,512,514			42.19

Total Cash Equivalents			$	183,120,488			85.35