EX-99.1 2 tv519579_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP    
Monthly Account Statement    
For the Month Ended March 31, 2019    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(191,143)
Unrealized Gain (Loss) on Market Value of Futures   1,613,653 
Dividend Income   32,991 
Interest Income   91,916 
ETF Transaction Fees   700 
Total Income (Loss)  $1,548,117 
      
Expenses     
General Partner Management Fees  $31,814 
Professional Fees   13,123 
Brokerage Commissions   687 
Non-interested Directors' Fees and Expenses   672 
Prepaid Insurance Expense   495 
NYMEX License Fee   795 
Total Expenses  $47,586 
Net Income (Loss)  $1,500,531 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 3/1/19  $62,667,938 
Withdrawals (100,000 Shares)   (2,237,484)
Net Income (Loss)   1,500,531 
      
Net Asset Value End of Month  $61,930,985 
Net Asset Value Per Share (2,750,000 Shares)  $22.52 

 

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 March 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