424B3 1 ps200910mrt.txt MONTHLY REPORT - OCTOBER, 2009 Providence Select Fund, LP The net asset value of a unit as of October 31, 2009 was $573.64, down 5.6% from $607.81 per unit as of September 30, 2009. STATEMENT OF CHANGES IN NET ASSET VALUE Current Period Year to Date Net Asset Value (1,603.584 units)at $ 974,679.92 1,789,191.21 September 30, 2009 Addition of 8.226 units on October 1, 5,000.00 178,012.02 2009 Redemption of 25.221 units on October 31, (14,467.78) (605,210.74) 2009 Net Income (Loss) (55,082.44) (451,862.79) ---------------- --------------- Ending Net Asset Value (1,586.589 units) $ 910,129.70 910,129.70 at October 31, 2009 ================ =============== Net Asset Value per Unit at October 31, 2009 $ 573.64 STATEMENT OF INCOME AND EXPENSE Income: Gain (loss) on trading of commodity futures: Realized gain (loss) on $ (15,086.43) (139,969.55) closed contracts Change in unrealized gain (loss) on open (12,738.84) 441.48 contracts Interest income 72.35 1,194.76 --------------- --------------- Total: Income (27,752.92) (138,333.31) Expenses: Brokerage commissions 5,174.89 72,994.67 Operating expenses 7,338.01 84,037.52 Incentive fee 0.00 0.00 Management fee 0.00 0.00 Continuing service fee 3,730.14 42,032.49 Organizational & offering expenses 11,446.48 114,464.80 --------------- --------------- Total: Expenses 27,329.52 313,529.48 =============== =============== Net Income (Loss) - October, 2009 $ (55,082.44) (451,862.79) To the best of my knowledge and belief, the information contained herein is accurate and complete. /s/ Michael P. Pacult Michael P. Pacult, President White Oak Financial Services. Inc. General Partner Providence Select Fund. LP