EX-99.1 2 tv514112_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2019

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(862,782)
Unrealized Gain (Loss) on Market Value of Futures   8,630,442 
Dividend Income   13,882 
Interest Income   95,506 
Total Income (Loss)  $7,877,048 
      
Expenses     
General Partner Management Fees  $28,876 
Professional Fees   13,123 
Brokerage Commissions   596 
Non-interested Directors' Fees and Expenses   594 
Prepaid Insurance Expense   495 
NYMEX License Fee   722 
Total Expenses  $44,406 
Net Income (Loss)  $7,832,642 
      
Statement of Changes in Net Asset Value    
      
Net Asset Value Beginning of Month 1/1/19  $50,798,630 
Net Income (Loss)   7,832,642 
      
Net Asset Value End of Month  $58,631,272 
Net Asset Value Per Share (2,850,000 Shares)  $20.57 

 

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 January 31, 2019 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