EX-99.1 2 tm226731d3_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, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $7,337,250 
Unrealized Gain (Loss) on Market Value of Commodity Futures   11,303,770 
Dividend Income   2,175 
Interest Income   2,839 
ETF Transaction Fees   1,050 
Total Income (Loss)  $18,647,084 
      
Expenses     
General Partner Management Fees  $74,167 
Professional Fees   16,986 
Brokerage Commissions   1,566 
Directors' Fees and insurance   4,521 
NYMEX License Fee   1,854 
SEC & FINRA Registration Expense   12,865 
Total Expenses  $111,959 
Net Income (Loss)  $18,535,125 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/22  $137,664,602 
Withdrawals (400,000 Shares)   (12,314,170)
Net Income (Loss)   18,535,125 
      
Net Asset Value End of Month  $143,885,557 
Net Asset Value Per Share (4,550,000 Shares)  $31.62 

 

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, 2022 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