EX-99.1 2 tm223088d3_ex99-1.htm UNITED STATES 12 MONTH OIL FUND, LP

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended December 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $4,205,860 
Unrealized Gain (Loss) on Market Value of Commodity Futures   12,053,440 
Dividend Income   1,869 
Interest Income   2,862 
ETF Transaction Fees   350 
Total Income (Loss)  $16,264,381 
      
Expenses     
General Partner Management Fees  $67,706 
Professional Fees   16,987 
Brokerage Commissions   1,253 
Directors' Fees and insurance   4,466 
NYMEX License Fee   1,693 
SEC & FINRA Registration Expense   12,865 
Total Expenses  $104,970 
Net Income (Loss)  $16,159,411 
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/21  $125,528,766 
Withdrawals (150,000 Shares)   (4,023,575)
Net Income (Loss)   16,159,411 
      
Net Asset Value End of Month  $137,664,602 
Net Asset Value Per Share (4,950,000 Shares)  $27.81 

 

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 December 31, 2021 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