United States 12 Month Oil Fund, LP

Condensed Schedule of Investments (Unaudited)

At June 30, 2012


	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 August 2012 contracts, expiring July 2012		105	$	(1,031,450	)		(0.94	)
NYMEX Crude Oil Futures CL September 2012 contracts, expiring August 2012		105		(366,370	)		(0.33	)
NYMEX Crude Oil Futures CL October 2012 contracts, expiring September 2012		105		(454,870	)		(0.41	)
NYMEX Crude Oil Futures CL November 2012 contracts, expiring October 2012		106		(140,600	)		(0.13	)
NYMEX Crude Oil Futures CL December 2012 contracts, expiring November 2012		105		(615,790	)		(0.56	)
NYMEX Crude Oil Futures CL January 2013 contracts, expiring December 2012		105		(950,030	)		(0.87	)
NYMEX Crude Oil Futures CL February 2013 contracts, expiring January 2013		105		(1,012,150	)		(0.92	)
NYMEX Crude Oil Futures CL March 2013 contracts, expiring February 2013		105		(1,013,640	)		(0.92	)
NYMEX Crude Oil Futures CL April 2013 contracts, expiring March 2013		105		(1,263,910	)		(1.15	)
NYMEX Crude Oil Futures CL May 2013 contracts, expiring April 2013		106		(1,195,340	)		(1.09	)
NYMEX Crude Oil Futures CL June 2013 contracts, expiring May 2013		105		(648,940	)		(0.59	)
NYMEX Crude Oil Futures CL July 2013 contracts, expiring June 2013		105		230,830			0.21

Total Open Futures Contracts		1,262	$	(8,462,260	)		(7.70	)


	Principal Amount		Market Value
Cash Equivalents
United States Treasury Obligation
U.S. Treasury Bill, 0.09%, 10/11/2012	$	8,000,000	$	7,997,978			7.28


United States - Money Market Funds
Fidelity Institutional Government Portfolio - Class I		10,161,328		10,161,328			9.24
Goldman Sachs Financial Square Funds - Government Fund - Class SL		6,451,797		6,451,797			5.87
Morgan Stanley Institutional Liquidity Fund - Government Portfolio		30,529,247		30,529,247			27.78
Wells Fargo Advantage Government Money Market Fund - Class I		25,000,000		25,000,000			22.75

Total Money Market Funds				72,142,372			65.64

Total Cash Equivalents			$	80,140,350			72.92