EX-99.1 2 tm2215526d3_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended April 30, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $7,469,690 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (2,106,740)
Dividend Income   18,805 
Interest Income   2,912 
ETF Transaction Fees   1,050 
Total Income (Loss)  $5,385,717 
      
Expenses     
General Partner Management Fees  $71,187 
Professional Fees   16,438 
Brokerage Commissions   1,967 
Directors' Fees and insurance   3,752 
NYMEX License Fee   1,780 
SEC & FINRA Registration Expense   12,450 
Total Expenses  $107,574 
Net Income (Loss)  $5,278,143 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/22  $142,430,450 
Withdrawals (300,000 Shares)   (11,378,665)
Net Income (Loss)   5,278,143 
      
Net Asset Value End of Month  $136,329,928 
Net Asset Value Per Share (3,550,000 Shares)  $38.40 

 

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 April 30, 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