United States 12 Month Oil Fund, LP

Condensed Schedule of Investments (Unaudited)

At March 31, 2012

		$000,000,000		$000,000,000			$000,000,000
	Number of Contracts		Unrealized Gain (Loss) on Open Commodity Contracts			% of Partners’ Capital
Open Futures Contracts - Long
United States Contracts
NYMEX Crude Oil Futures CL May 2012 contracts, expiring April 2012		137	$	(371,880	)		(0.22	)
NYMEX Crude Oil Futures CL June 2012 contracts, expiring May 2012		137		831,820			0.48
NYMEX Crude Oil Futures CL July 2012 contracts, expiring June 2012		136		392,680			0.23
NYMEX Crude Oil Futures CL August 2012 contracts, expiring July 2012		137		627,740			0.37
NYMEX Crude Oil Futures CL September 2012 contracts, expiring August 2012		137		2,160,640			1.26
NYMEX Crude Oil Futures CL October 2012 contracts, expiring September 2012		137		1,932,480			1.12
NYMEX Crude Oil Futures CL November 2012 contracts, expiring October 2012		137		2,497,830			1.45
NYMEX Crude Oil Futures CL December 2012 contracts, expiring November 2012		136		1,486,330			0.87
NYMEX Crude Oil Futures CL January 2013 contracts, expiring December 2012		137		762,340			0.44
NYMEX Crude Oil Futures CL February 2013 contracts, expiring January 2013		137		576,390			0.34
NYMEX Crude Oil Futures CL March 2013 contracts, expiring February 2013		137		480,160			0.28
NYMEX Crude Oil Futures CL April 2013 contracts, expiring March 2013		137		(72,690	)		(0.04	)

Total Open Futures Contracts		1,642	$	11,303,840			6.58


	Principal Amount		Market Value
Cash Equivalents
United States Treasury Obligation
U.S. Treasury Bill, 0.03%, 6/21/2012	$	13,450,000	$	13,449,092			7.83


United States - Money Market Funds
Fidelity Institutional Government Portfolio - Class I		40,160,318		40,160,318			23.38
Goldman Sachs Financial Square Funds - Government Fund - Class SL		6,451,529		6,451,529			3.76
Morgan Stanley Institutional Liquidity Fund - Government Portfolio		60,522,074		60,522,074			35.23

Total Money Market Funds				107,133,921			62.37


Total Cash Equivalents			$	120,583,013			70.20