EX-99.1 2 tv505352_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States 12 Month Oil Fund, LP    
Monthly Account Statement    
For the Month Ended September 30, 2018    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $1,775,989 
Unrealized Gain (Loss) on Market Value of Futures   3,191,701 
Dividend Income   19,011 
Interest Income   109,001 
ETF Transaction Fees   350 
Total Income (Loss)  $5,096,052 
      
Expenses     
General Partner Management Fees  $39,170 
Professional Fees   11,199 
Brokerage Commissions   690 
Non-interested Directors' Fees and Expenses   740 
Prepaid Insurance Expense   479 
NYMEX License Fee   979 
Total Expenses  $53,257 
Net Income (Loss)  $5,042,795 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 9/1/18  $79,043,376 
Withdrawals (50,000 Shares)   (1,305,564)
Net Income (Loss)   5,042,795 
      
Net Asset Value End of Month  $82,780,607 
Net Asset Value Per Share (3,050,000 Shares)  $27.14 

 

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 September 30, 2018 is accurate and complete.

 

/s/ Stuart P. Crumbaugh    
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, General Partner of United States 12 Month Oil Fund, LP  
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596