EX-99.1 2 tv521969_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, 2019  

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $581,292 
Unrealized Gain (Loss) on Market Value of Futures   2,634,498 
Dividend Income   33,563 
Interest Income   91,008 
ETF Transaction Fees   1,400 
Total Income (Loss)  $3,341,761 
      
Expenses     
General Partner Management Fees  $31,544 
Professional Fees   12,699 
Brokerage Commissions   774 
Non-interested Directors' Fees and Expenses   683 
NYMEX License Fee   789 
Total Expenses  $46,489 
Net Income (Loss)  $3,295,272 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 4/1/19  $61,930,985 
Additions (50,000 Shares)   1,184,150 
Withdrawals (150,000 Shares)   (3,550,882)
Net Income (Loss)   3,295,272 
      
Net Asset Value End of Month  $62,859,525 
Net Asset Value Per Share (2,650,000 Shares)  $23.72 

 

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, 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