##### Table of Contents



UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
  FORM 10-Q
  (X) QUARTERLY REPORT PURSUANT TO SECTION 13 or
    15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
  For the Quarterly Period ended June 30, 2009
  OR ( ) TRANSITION REPORT PURSUANT SECTION 13 OR
    15(d)
    OF THE SECURITIES EXCHANGE ACT OF 1934
  
  0-53210
  CITIGROUP ABINGDON FUTURES FUND L.P.
    New York

20-3845005(State or other jurisdiction of
    incorporation or organization)

(I.R.S. Employer
    Identification No.)   c/o Citigroup
    Managed Futures LLC
 55 East
59th
Street -
    10th
    Floor
 New York, New York 10022
    (212) 559-2011
      Yes X  No
    Yes   No
  Rule 12b-2
  Large accelerated filer

Accelerated filer

Non-accelerated filerX

Smaller reporting company  rule 12b-2
  Yes   No X




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##### Table of Contents



CITIGROUP
    ABINGDON FUTURES FUND L.P.
  FORM 10-Q
  INDEX
  PageNumberPART I - Financial Information:Item 1.


Financial Statements:Statements of Financial Condition
    at June 30, 2009 and December 31, 2008 (unaudited)

3Statements of Income and Expenses
    and Partners Capital for the three  and six
    months ended June 30, 2009 and 2008
    (unaudited)

4Notes to Financial Statements, including the
    Financial
    Statements of CMF Winton Master L.P. 
    (unaudited)

5  14Item 2.


Managements Discussion and
    Analysis of Financial Condition
    and Results of Operations

15  18Item 3.


Quantitative and Qualitative
    Disclosures about Market Risk

19  20Item 4T.


Controls and Procedures

21PART II - Other Information

22  25ExhibitsEX-10: Joinder AgreementEX-31.1: CertificationEX-31.2: CertificationEX-32.1: CertificationEX-32.2: Certification  2




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##### Table of Contents



PART I  Item 1.
    Financial Statements  Citigroup
    Abingdon Futures Fund L.P.
    Statements of Financial Condition
    (Unaudited) June
30,
    
    

December 31,2009
    
    
    2008Assets:Investment in Master, at fair value
    
    $
    123,554,519
    
    
    $
    119,196,221Cash
    
    
    221,718
    
    
    
    123,784Total assets
    
    $
    123,776,237
    
    
    $
    119,320,005Liabilities and Partners CapitalLiabilities:Accrued expenses:Brokerage commissions
    
    $
    464,161
    
    
    $
    447,450Management fees
    
    
    205,289
    
    
    
    197,963Administrative fees
    
    
    51,322
    
    
    
    49,491Incentive fees
    
    
    
    
    
    
    379,396Other
    
    
    138,905
    
    
    
    94,701Redemptions payable
    
    
    2,877,469
    
    
    
    3,406,004Total liabilities
    
    
    3,737,146
    
    
    
    4,575,005Partners Capital:General
Partner, 2,621.7839 Unit equivalent outstanding at June
30, 2009
and December 31, 2008, respectively
    
    
    2,833,808
    
    
    
    3,157,152Limited
Partners, 108,436.1614 and 92,665.2839 Redeemable Units of
Limited Partnership Interest outstanding at June 30, 2009
and December 31, 2008, respectively
    
    
    117,205,283
    
    
    
    111,587,848Total partners capital
    
    
    120,039,091
    
    
    
    114,745,000Total liabilities and partners capital
    
    $
    123,776,237
    
    
    $
    119,320,005
   3




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Statements of Income and Expenses and Partners Capital
    (Unaudited) Three Months
    
    
    Six MonthsEnded June 30,
    
    
    Ended June 30,2009
    
    
    2008
    
    
    2009
    
    
    2008Income:Net realized gains (losses) on closed contracts allocated from Master
    
    $
    (8,369,573
    )
    
    $
    2,377,235
    
    
    $
    (7,167,066
    )
    
    $
    17,382,512Change in
net unrealized gains (losses) on open contracts allocated from Master
    
    
    527,094
    
    
    
    5,710,634
    
    
    
    (1,760,577
    )
    
    
    3,391,342Interest income allocated from Master
    
    
    25,359
    
    
    
    334,168
    
    
    
    52,682
    
    
    
    764,387Expenses allocated from Master
    
    
    (23,711
    )
    
    
    (26,576
    )
    
    
    (41,058
    )
    
    
    (66,612
    )Total income (loss)
    
    
    (7,840,831
    )
    
    
    8,395,461
    
    
    
    (8,916,019
    )
    
    
    21,471,629Expenses:Brokerage commissions
    
    
    1,400,821
    
    
    
    1,309,912
    
    
    
    2,794,965
    
    
    
    2,516,167Management fees
    
    
    619,487
    
    
    
    579,835
    
    
    
    1,236,048
    
    
    
    1,113,766Administrative fees
    
    
    154,871
    
    
    
    144,959
    
    
    
    309,011
    
    
    
    278,442Incentive fees
    
    
    
    
    
    
    1,194,909
    
    
    
    
    
    
    
    3,341,970Other
    
    
    87,607
    
    
    
    52,896
    
    
    
    226,202
    
    
    
    90,989Total expenses
    
    
    2,262,786
    
    
    
    3,282,511
    
    
    
    4,566,226
    
    
    
    7,341,334Net income (loss)
    
    
    (10,103,617
    )
    
    
    5,112,950
    
    
    
    (13,482,245
    )
    
    
    14,130,295Additions  Limited Partners
    
    
    18,685,000
    
    
    
    27,093,000
    
    
    
    39,235,000
    
    
    
    40,827,000Redemptions
 Limited Partners
    
    
    (5,859,132
    )
    
    
    (18,560,370
    )
    
    
    (20,458,664
    )
    
    
    (33,294,745
    )Net increase
(decrease) in Partners Capital
    
    
    2,722,251
    
    
    
    13,645,580
    
    
    
    5,294,091
    
    
    
    21,662,550Partners Capital, beginning of period
    
    
    117,316,840
    
    
    
    98,711,986
    
    
    
    114,745,000
    
    
    
    90,695,016Partners Capital, end of period
    
    $
    120,039,091
    
    
    $
    112,357,566
    
    
    $
    120,039,091
    
    
    $
    112,357,566Net Asset Value per Unit
(111,057.9453 and 94,422.7585 Units

outstanding at June 30, 2009 and 2008, respectively)
    
    $
    1,080.87
    
    
    $
    1,189.94
    
    
    $
    1,080.87
    
    
    $
    1,189.94Net income
(loss) per Redeemable Unit of Limited Partnership Interest and
General Partner Unit equivalent
    
    $
    (90.64
    )
    
    $
    48.77
    
    
    $
    (123.33
    )
    
    $
    147.51
   4




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.Notes to Financial Statements
June 30, 2009
    (Unaudited)
  1.
    General:         master/feeder
               5




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
  June 30, 2009
    (Unaudited)
    CMF
    Winton Master L.P.
    Statements of Financial Condition
    (Unaudited)
 June 30,
    
    
    December 31,2009
    
    
    2008Assets:Equity in trading account:Cash
    
    $
    465,211,031
    
    
    $
    512,248,576Cash margin
    
    
    30,704,831
    
    
    
    26,405,684Net unrealized appreciation on open futures contracts
    
    
    3,037,199
    
    
    
    6,936,356Net unrealized appreciation on open forward contracts
    
    
    
    
    
    
    2,179,569Options owned, at fair value (cost $1,750 at June 30, 2009)
    
    
    625
    
    
    
    Total assets
    
    $
    498,953,686
    
    
    $
    547,770,185Liabilities and Partners Capital:Liabilities:Net unrealized depreciation on open forward contracts
    
    $
    2,129,070
    
    
    $
    Options written, at fair value (premium $3,600 at June 30, 2009)
    
    
    1,675
    
    
    
    Accrued expenses:Professional fees
    
    
    11,167
    
    
    
    18,642Total liabilities
    
    
    2,141,912
    
    
    
    18,642Partners Capital:General Partner, 0.0000 Unit equivalents at June 30, 2009
and December 31, 2008
    
    
    
    
    
    
    Limited Partners Capital, 264,034.0929 and 270,994.4921 Redeemable
Units of Limited Partnership Interest outstanding at June 30, 2009
and December 31, 2008, respectively
    
    
    496,811,774
    
    
    
    547,751,543Total liabilities and partners capital
    
    $
    498,953,686
    
    
    $
    547,770,185
 6




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
    June 30, 2009
    (Unaudited)
 CMF Winton Master L.P.
Schedule of Investments
June 30, 2009  (Unaudited)
 Number of
    
    
    
    
    
    
    % of PartnersContracts
    
    
    Fair Value
    
    
    CapitalFutures Contracts PurchasedCurrencies
    
    
    2,617
    
    
    $
    2,408,838
    
    
    
    0.48
    %Energy
    
    
    24
    
    
    
    7,379
    
    
    
    0.00
    *Grains
    
    
    405
    
    
    
    (570,092
    )
    
    
    (0.12
    )Indices
    
    
    55
    
    
    
    42,015
    
    
    
    0.01Interest Rates U.S.
    
    
    2,401
    
    
    
    (269,793
    )
    
    
    (0.05
    )Interest Rates Non-U.S.
    
    
    4,990
    
    
    
    793,762
    
    
    
    0.16Livestock
    
    
    18
    
    
    
    49,325
    
    
    
    0.01Metals
    
    
    187
    
    
    
    (592,238
    )
    
    
    (0.12
    )Softs
    
    
    272
    
    
    
    323,442
    
    
    
    0.07Total futures contracts purchased
    
    
    
    
    
    
    2,192,638
    
    
    
    0.44Futures Contracts SoldCurrencies
    
    
    457
    
    
    
    19,028
    
    
    
    0.01Energy
    
    
    210
    
    
    
    214,340
    
    
    
    0.04Grains
    
    
    664
    
    
    
    1,440,224
    
    
    
    0.29Indices
    
    
    1,094
    
    
    
    (32,863
    )
    
    
    (0.01
    )Interest Rates U.S.
    
    
    638
    
    
    
    (939,447
    )
    
    
    (0.19
    )Interest Rates Non-U.S.
    
    
    241
    
    
    
    (35,352
    )
    
    
    (0.01
    )Livestock
    
    
    195
    
    
    
    92,010
    
    
    
    0.02Metals
    
    
    3
    
    
    
    (5,175
    )
    
    
    (0.00
    )*Softs
    
    
    49
    
    
    
    91,796
    
    
    
    0.02Total futures contracts sold
    
    
    
    
    
    
    844,561
    
    
    
    0.17Unrealized Appreciation on Open Forward ContractsMetals
    
    
    212
    
    
    
    411,989
    
    
    
    0.08Total unrealized appreciation on open forward contracts
    
    
    
    
    
    
    411,989
    
    
    
    0.08Unrealized Depreciation on Open Forward ContractsMetals
    
    
    496
    
    
    
    (2,541,059
    )
    
    
    (0.51
    )Total unrealized depreciation on open forward contracts
    
    
    
    
    
    
    (2,541,059
    )
    
    
    (0.51
    )Options OwnedIndices
    
    
    2
    
    
    
    625
    
    
    
    0.00
    *Total options owned
    
    
    
    
    
    
    625
    
    
    
    0.00
    *Options WrittenIndices
    
    
    2
    
    
    
    (1,675
    )
    
    
    0.00
    *Total options written
    
    
    
    
    
    
    (1,675
    )
    
    
    0.00
    *Total fair value
    
    
    
    
    
    $
    907,079
    
    
    
    0.18
    %
 
 *
    
    Due to rounding.
 7




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
June 30, 2009
    (Unaudited)
  CMF Winton Master
    L.P.
 Schedule of
    Investments
    December 31, 2008  (Unaudited)
   Number of





% of PartnersContracts


Fair Value


CapitalFutures Contracts PurchasedCurrencies


496


$
928,233



0.17
%Indices


5



1,935



0.00
*Interest Rates U.S.


2,417



4,977,464



0.91Interest Rates Non-U.S.


4,453



6,479,517



1.18Livestock


30



30,960



0.01Softs


97



218,297



0.04Total futures contracts purchased






12,636,406



2.31Futures Contracts SoldCurrencies


896



(3,144,184
)


(0.57
)Energy


208



727,901



0.13Grains


891



(2,623,430
)


(0.48
)Indices


252



(239,475
)


(0.05
)Interest Rates U.S.


58



(13,766
)


(0.00
)*Livestock


71



86,500



0.02Lumber


1



3,806



0.00
*Metals


90



(478,272
)


(0.09
)Softs


426



(19,130
)


(0.00
)*Total futures contracts sold






(5,700,050
)


(1.04
)Unrealized Appreciation on Open Forward ContractsMetals


276



2,996,261



0.55Total unrealized appreciation on open forward contracts






2,996,261



0.55Unrealized Depreciation on Open Forward ContractsMetals


138



(816,692
)


(0.15
)Total unrealized depreciation on open forward contracts






(816,692
)


(0.15
)Total fair value





$
9,115,925



1.67
% 
    8




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
June 30, 2009
    (Unaudited)
  CMF
    Winton Master L.P.
    Statements of Income and Expenses and Partners Capital
    (Unaudited)
 Three Months Ended
    
    
    Six Months EndedJune 30,
    
    
    June 30,2009
    
    
    2008
    
    
    2009
    
    
    2008Income:Net gains (losses) on trading of commodity interests:Net realized gains (losses) on closed contracts
    
    
    (33,779,156
    )
    
    
    10,503,195
    
    
    
    (28,425,518
    )
    
    
    83,068,424Change in net unrealized gains (losses) on open contracts
    
    
    1,942,550
    
    
    
    26,034,336
    
    
    
    (8,206,996
    )
    
    
    15,276,914Gain (loss) from trading, net
    
    
    (31,836,606
    )
    
    
    36,537,531
    
    
    
    (36,632,514
    )
    
    
    98,345,338Interest
income
    
    
    114,301
    
    
    
    1,727,729
    
    
    
    249,263
    
    
    
    4,069,531Total income
(loss)
    
    
    (31,722,305
    )
    
    
    38,265,260
    
    
    
    (36,383,251
    )
    
    
    102,414,869Expenses:Clearing fees
    
    
    86,538
    
    
    
    113,528
    
    
    
    154,405
    
    
    
    299,671Professional fees
    
    
    9,452
    
    
    
    9,436
    
    
    
    18,682
    
    
    
    17,331Total expenses
    
    
    95,990
    
    
    
    122,964
    
    
    
    173,087
    
    
    
    317,002Net income (loss)
    
    
    (31,818,295
    )
    
    
    38,142,296
    
    
    
    (36,556,338
    )
    
    
    102,097,867Additions  Limited Partners
    
    
    70,398,741
    
    
    
    37,716,677
    
    
    
    130,326,043
    
    
    
    71,840,414Redemptions  Limited Partners
    
    
    (74,936,608
    )
    
    
    (45,597,431
    )
    
    
    (144,460,211
    )
    
    
    (60,488,089
    )Distribution
of interest income to feeder funds
    
    
    (114,301
    )
    
    
    (1,727,729
    )
    
    
    (249,263
    )
    
    
    (4,069,531
    )Net increase (decrease) in Partners Capital
    
    
    (36,470,463
    )
    
    
    28,533,813
    
    
    
    (50,939,769
    )
    
    
    109,380,661Partners Capital, beginning of period
    
    
    533,282,237
    
    
    
    537,891,981
    
    
    
    547,751,543
    
    
    
    457,045,133Partners Capital, end of period
    
    
    496,811,774
    
    
    
    566,425,794
    
    
    
    496,811,774
    
    
    
    566,425,794Net Asset Value per Redeemable Unit
(264,034.0929 and 294,567.6577 Redeemable Units outstanding
at June 30, 2009 and 2008, respectively)
    
    $
    1,881.62
    
    
    $
    1,922.91
    
    
    $
    1,881.62
    
    
    $
    1,922.91Net income (loss) per Redeemable Unit of Limited Partnership
Interest
    
    $
    (120.99
    )
    
    $
    129.68
    
    
    $
    (138.71
    )
    
    $
    348.51
 9




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
June 30, 2009
    (Unaudited)
  2.
    Financial
    Highlights:   Three Months Ended
    
    
    Six Months EndedJune 30,
    
    
    June 30,2009
    
    
    2008
    
    
    2009
    
    
    2008Net realized and unrealized gains (losses) allocated from Master*

    $
    (83.15
    )
    
    $
    64.69
    
    
    $
    (107.21
    )
    
    $
    189.90Interest income allocated from Master

    
    0.23
    
    
    
    3.32
    
    
    
    0.49
    
    
    
    7.97Expenses**

    
    (7.72
    )
    
    
    (19.24
    )
    
    
    (16.61
    )
    
    
    (50.36
    )Increase (decrease) for the period

    
    (90.64
    )
    
    
    48.77
    
    
    
    (123.33
    )
    
    
    147.51Net Asset Value per Redeemable Unit, beginning of period

    
    1,171.51
    
    
    
    1,141.17
    
    
    
    1,204.20
    
    
    
    1,042.43Net Asset Value per Redeemable Unit, end of period

    
    1,080.87
    
    
    
    1,189.94
    
    
    
    1,080.87
    
    
    
    1,189.94Redemption/subscription value per Redeemable Unit versus Net Asset
 Value per Redeemable Unit

    
    
    
    
    
    0.35
    
    
    
    
    
    
    
    0.35Redemption/subscription value per Redeemable Unit, end of
 period ***

    $
    1,080.87
    
    
    $
    1,190.29
    
    
    $
    1,080.87
    
    
    $
    1,190.29*      Includes Partnership brokerage commissions and expenses
    allocated from the Master.



**    Excludes Partnership brokerage commissions and expenses
    allocated from the Master.*** For the purpose of a redemption/subscription, any remaining
    accrued liability for reimbursement of offering and organization
    costs will not reduce redemption/subscription net asset value
    per redeemable unit.Three Months Ended
    
    
    Six Months EndedJune 30,
    
    
    June 30,2009
    
    
    2008
    
    
    2009
    
    
    2008Ratio to average net assets:****Net investment
income (loss) before incentive fees*****
    
    
    (7.5
    )%
    
    
    (6.7
    )%
    
    
    (7.7
    )%
    
    
    (6.5
    )%Operating expenses

    
    7.6
    %
    
    
    8.0
    %
    
    
    7.8
    %
    
    
    8.0
    %Incentive fees

    
    
    %
    
    
    1.1
    %
    
    
    
    %
    
    
    3.3
    %Total expenses

    
    7.6
    %
    
    
    9.1
    %
    
    
    7.8
    %
    
    
    11.3
    %Total return:Total return before incentive fees

    
    (7.7
    )%
    
    
    5.4
    %
    
    
    (10.2
    )%
    
    
    17.5
    %Incentive fees

    
    
    
    
    
    (1.1
    )%
    
    
    
    
    
    
    (3.3
    )%Total return after incentive fees

    
    (7.7
    )%
    
    
    4.3
    %
    
    
    (10.2
    )%
    
    
    14.2
    %   ****
    
    Annualized (other than incentive fee)*****
    
    Interest income allocated from Master less total expenses   10




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
June 30, 2009
    (Unaudited)
     Three Months Ended
    
    
    Six Months EndedJune 30,
    
    
    June 30,2009
    
    
    2008
    
    
    2009
    
    
    2008Net realized and unrealized gains (losses)*

    $
    (121.40
    )
    
    $
    123.81
    
    
    $
    (139.58
    )
    
    $
    334.70Interest income

    
    0.44
    
    
    
    5.90
    
    
    
    0.93
    
    
    
    13.86Expenses **

    
    (0.03
    )
    
    
    (0.03
    )
    
    
    (0.06
    )
    
    
    (0.05
    )Increase (decrease) for income the period

    
    (120.99
    )
    
    
    129.68
    
    
    
    (138.71
    )
    
    
    348.51Distribution of interest income to feeder funds

    
    (0.44
    )
    
    
    (5.90
    )
    
    
    (0.93
    )
    
    
    (13.86
    )Net Asset Value per Redeemable Unit, beginning of period

    
    2,003.05
    
    
    
    1,799.13
    
    
    
    2,021.26
    
    
    
    1,588.26Net Asset Value per Redeemable Unit, end of period

    $
    1,881.62
    
    
    $
    1,922.91
    
    
    $
    1,881.62
    
    
    $
    1,922.91*   Includes clearing fees.** Excludes clearing fees.Three Months Ended
    
    
    Six Months EndedJune 30,
    
    
    June 30,2009
    
    
    2008
    
    
    2009
    
    
    2008Ratios to average net assets:***Net investment income (loss)****
    
    
    0.0
    %*****
    
    
    1.2
    %
    
    
    0.0
    %*****
    
    
    1.5
    %Operating expense
    
    
    0.1
    %
    
    
    0.1
    %
    
    
    0.1
    %
    
    
    0.1
    %Total return
    
    
    (6.0
    )%
    
    
    7.2
    %
    
    
    (6.9
    )%
    
    
    21.9
    %   ***
    
    Annualized****
    
    Interest income less total expenses*****
    
    Due to rounding    3.
    Trading
    Activities:    Offsetting of Amounts Related to Certain
Contracts
   11




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
    June 30, 2009
    (Unaudited)
       June 30, 2009
    
    
    
    
    June 30, 2009Assets
    
    
    
    
    
    AssetsFutures Contracts
    
    
    
    
    
    Forward ContractsCurrencies
    
    $
    2,912,007
    
    
    Metals
    

    $
    411,989Energy
    
    
    497,168
    
    
    Total unrealized appreciation on open forward contracts
    
    $
    411,989Grains
    
    
    1,638,481Indices
    
    
    289,626
    
    
    LiabilitiesInterest Rates U.S.
    
    
    266,162
    
    
    Forward ContractsInterest Rates Non-U.S.
    
    
    1,313,240
    
    
    Metals
    
    $
    (2,541,059
)Livestock
    
    
    260,728
    
    
    Total unrealized depreciation on open forward contracts
    
    $
    (2,541,059
)Softs
    
    
    452,054Total unrealized appreciation on open futures contracts
    
    $
    7,629,466
    
    
    Net unrealized depreciation on open forward contracts
    
    $
    (2,129,070
 )**LiabilitiesFutures ContractsCurrencies
    
    $
    (484,141
    )
    
    AssetsEnergy
    
    
    (275,449
    )
    
    Options OwnedGrains
    
    
    (768,349
    )
    
    Indices
    
    $
    625Indices
    
    
    (280,474
    )
    
    Total options owned
    
    $
    625
    ***Interest Rates U.S.
    
    
    (1,475,402
    )Interest Rates Non-U.S.
    
    
    (554,830
    )
    
    LiabilitiesLivestock
    
    
    (119,393
    )
    
    Options WrittenMetals
    
    
    (597,413
    )
    
    Indices
    
    $
    (1,675
)Softs
    
    
    (36,816
    )
    
    Total options written
    

    $
    (1,675
 )****Total unrealized depreciation on open futures contracts
    
    $
    (4,592,267
    )Net
unrealized appreciation on open futures contracts
    
    $
    3,037,199
    *
 
 *
    
    This amount is included in Net unrealized appreciation on open futures contracts on the Statements of Financial Condition.**
    
    This amount is included in Net unrealized depreciation on open forward contracts on the Statements of Financial Condition.***
    
    This amount is included in Options owned, at fair value on the Statements of Financial Condition.****
    
    This amount is included in Options written, at fair value on the Statements of Financial Condition.  Three Months Ended
    
    
    Six Months EndedJune 30, 2009
    
    
    June 30, 2009Sector
    
    Gain (loss) from trading
    
    
    Gain (loss) from tradingCurrencies
    
    $
    (655,705
    )
    
    $
    (8,014,334
    )Energy
    
    
    (4,333,919
    )
    
    
    (2,824,515
    )Grains
    
    
    1,434,481
    
    
    
    3,579,325Indices
    
    
    (12,313,686
    )
    
    
    (9,665,675
    )Interest Rates U.S.
    
    
    (4,680,915
    )
    
    
    (6,890,087
    )Interest Rates Non-U.S.
    
    
    (6,805,754
    )
    
    
    (6,800,685
    )Livestock
    
    
    443,190
    
    
    
    667,613Softs
    
    
    (192,145
    )
    
    
    (455,093
    )Lumber
    
    
    (5,280
    )
    
    
    (4,378
    )Metals
    
    
    (4,726,873
    )
    
    
    (6,224,685
    )Total
    
    $
    (31,836,606
    )
    
    $
    (36,632,514
    )
        4.  Fair
    Value Measurements
:
 Investments.  The Partnership values its
    investment in the Master at its net asset value per unit as
    calculated by the Master. The Master values its investments as
    described in note 2 of the Masters notes to the
    annual financial statements as of December 31, 2008.  Fair Value Measurements. Fair Value
    Measurements No. FAS 157-2, Effective Date of FASB Statement No. 157
    Quoted Pricesin Active Markets


Significant Other


Significantfor Identical


Observable Inputs


Unobservable6/30/2009


Assets (Level 1)


(Level 2)


Inputs (Level 3)AssetsInvestment in Master

$
123,554,519


$



$
123,554,519


$
Total fair value

$
123,554,519


$



$
123,554,519


$
  Quoted Pricesin Active Markets


Significant Other


Significantfor Identical


Observable Inputs


Unobservable12/31/2008


Assets (Level 1)


(Level 2)


Inputs (Level 3)AssetsInvestment in Master

$
119,196,221


$



$
119,196,221


$
Total fair value

$
119,196,221


$



$
119,196,221


$
   12




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##### Table of Contents



Citigroup
    Abingdon Futures Fund L.P.
    Notes to Financial Statements
June 30, 2009
    (Unaudited)
  Investments.
  Fair Value Measurements. No. FAS 157-2, Effective Date of FASB Statement No. 157
   Quoted Prices in
    
    
    
    
    
    
    SignificantActive Markets for
    
    
    Significant Other
    
    
    UnobservableIdentical sets
    
    
    Observable Inputs
    
    
    Inputs6/30/2009
    
    
    (Level 1)
    
    
    (Level 2)
    
    
    (Level 3)AssetsFutures
    
    $
    3,037,199
    
    
    $
    3,037,199
    
    
    $
    
    
    
    $Options owned
    
    
    625
    
    
    
    625
    
    
    
    
    
    
    
    Total assets
    
    
    3,037,824
    
    
    
    3,037,824
    
    
    
    
    
    
    
    LiabilitiesForwards
    
    $
    2,129,070
    
    
    $
    2,129,070
    
    
    $
    
    
    
    $Options written
    
    
    1,675
    
    
    
    1,675
    
    
    
    
    
    
    
    Total liabilities
    
    
    2,130,745
    
    
    
    2,130,745
    
    
    
    
    
    
    
    Total fair value
    
    $
    907,079
    
    
    $
    907,079
    
    
    $
    
    
    
    $
    
 Quoted Prices in
    
    
    
    
    
    
    SignificantActive Markets for
    
    
    Significant Other
    
    
    UnobservableIdentical Assets
    
    
    Observable Inputs
    
    
    Inputs12/31/2008
    
    
    (Level 1)
    
    
    (Level 2)
    
    
    (Level 3)AssetsFutures
    
    $
    6,936,356
    
    
    $
    6,936,356
    
    
    $
    
    
    
    $
    Forwards
    
    
    2,179,569
    
    
    
    2,179,569
    
    
    
    
    
    
    
    Total assets
    
    
    9,115,925
    
    
    
    9,115,925
    
    
    
    
    
    
    
    Total fair value
    
    $
    9,115,925
    
    
    $
    9,115,925
    
    
    $
    
    
    
    $
    
 13




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##### Table of Contents



5.  Financial
    Instrument Risks:
   over-the-counter
         14




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##### Table of Contents



Item 2.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations.  Liquidity
    and Capital Resources
            Critical
    Accounting Policies
 Use of Estimates.
 Statement of Cash Flows.
 Investments.
 Fair Value
Measurements.
 15




---



##### Table of Contents



Futures Contracts.
 London Metals
Exchange Forward Contracts.
 Income Taxes.
   16




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##### Table of Contents



Recent Accounting Pronouncements.
 Subsequent Events.
 Results
    of Operations
          30-day 3-month and/or 90-day
 17




---



##### Table of Contents



18




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##### Table of Contents



Item 3.
    Quantitative
    and Qualitative Disclosures about Market Risk          one-day
 19




---



##### Table of Contents



10-K
 June 30, 2009(Unaudited)
 Three Months ended June 30, 2009% of Total
    
    
    High
    
    
    Low
    
    
    AverageMarket Sector
    
    Value at Risk
    
    
    Capitalization
    
    
    Value at Risk
    
    
    Value at Risk
    
    
    Value at Risk*Currencies
    
    $
    8,859,097
    
    
    
    1.78
    %
    
    $
    8,859,097
    
    
    $
    3,479,307
    
    
    $
    5,498,936Energy
    
    
    1,328,142
    
    
    
    0.27
    %
    
    
    2,627,998
    
    
    
    421,858
    
    
    
    1,607,888Grains
    
    
    1,735,598
    
    
    
    0.35
    %
    
    
    1,751,852
    
    
    
    1,506,767
    
    
    
    1,639,557Interest Rates U.S.
    
    
    1,956,170
    
    
    
    0.39
    %
    
    
    4,289,355
    
    
    
    1,412,777
    
    
    
    2,653,818Interest Rates Non-U.S.
    
    
    4,517,638
    
    
    
    0.91
    %
    
    
    6,588,104
    
    
    
    2,841,339
    
    
    
    4,285,101Livestock
    
    
    235,616
    
    
    
    0.05
    %
    
    
    425,655
    
    
    
    235,616
    
    
    
    381,686Metals
    
    
    2,026,388
    
    
    
    0.41
    %
    
    
    2,629,647
    
    
    
    849,000
    
    
    
    2,287,274Softs
    
    
    479,423
    
    
    
    0.10
    %
    
    
    1,269,508
    
    
    
    479,423
    
    
    
    950,433Indices
    
    
    5,803,898
    
    
    
    1.17
    %
    
    
    6,425,774
    
    
    
    2,321,055
    
    
    
    5,287,835Total
    
    $
    26,941,970
    
    
    
    5.43
    %
   *
    
    Average of month-end Values at Risk
 20




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##### Table of Contents



Item 4T.
    Controls
    and Procedures      Rules 13a-15(e) 15d-15(e)
  internal control over financial
    reporting
  
    pertain to the maintenance of records that in reasonable detail
    accurately and fairly reflect the transactions and dispositions
    of the assets of the Partnership;
    provide reasonable assurance that (i) transactions are
    recorded as necessary to permit preparation of financial
    statements in accordance with GAAP, and (ii) the Partnerships
    receipts are handled and expenditures are made only pursuant to
    authorizations of the General Partner; and
    provide reasonable assurance regarding prevention or timely
    detection of unauthorized acquisition, use or disposition of the
    Partnerships assets that could have a material effect on
    the financial statements.   21




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##### Table of Contents



PART II.
    OTHER INFORMATION  Item 1.
    Legal
    Proceedings   Enron-Related Civil Actions
 Acquisition
Partners, L.P., et al. v. J.P. Morgan Chase & Co., et al., Avenue Capital Management II, L.P.,
et al. v. J.P. Morgan Chase & Co., et al. UniCredito Italiano, SpA, et al. v. J.P. Morgan Chase Bank, et. al.
 Subprime Mortgage-Related Litigation
 Buckingham v. Citigroup Inc., et al. Chen v. Citigroup Inc., et al. In re Citigroup Inc. Bond Litigation.
 Asher, et al. v. Citigroup Inc., et al. In re Citigroup Inc. Bond Litigation Asher, et al. v. Citigroup Inc., et al. Pellegrini v. Citigroup Inc., et al. In re Citigroup Inc. Bond Litigation
 Epirus Capital Management, LLC, et al. v. Citigroup Inc., et al. In re Citigroup Inc. Securities Litigation
 Auction Rate Securities-Related Litigation
 Securities Actions. American Eagle Outfitters, Inc., et al. v. Citigroup Global
Markets Inc. In re Citigroup Inc. Auction Rate Securities Litigation Finn v. Smith Barney, et al.
 Texas Instruments Inc. v. Citigroup Global Markets Inc. et al.
 Governmental and Regulatory Actions.
 Falcon and ASTA/MAT-Related Litigation
 Marie Raymond Revocable Trust, et al. v. MAT Five LLC, et al.
 In re MAT Five Securities Litigation.
 ECA Acquisitions, Inc., et al. v. MAT Three LLC, et al.
 Zentner v. Citigroup, et al. In re MAT Two Securities
Litigation, In re MAT Three Securities Litigation and In re MAT Five Securities Litigation.) In re MAT Five Securities
Litigation
 Zentner v. Citigroup, et al.
 22




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##### Table of Contents



Other Matters
 Underwriting Actions .
 American Home Mortgage In re American
Home Mortgage Securities Litigation
 American International Group In re American International Group, Inc. 2008 Securities Litigation
 23




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##### Table of Contents



Item 1A.
    Risk
    Factors    Item 2.
    Unregistered
    Sales of Equity Securities and Use of Proceeds          (d) Maximum Number(or Approximate(c) Total Number


Dollar Value) of(a) Total





of Redeemable Units


Redeemable Units thatNumber of


(b) Average


Purchased as Part


May Yet BeRedeemable


Price Paid per


of Publicly Announced


Purchased Under thePeriod


Units Purchased*


Redeemable Unit**


Plans or Programs


Plans or ProgramsApril 1, 2009 - 
April 30, 2009



797.9414



$
1,131.21




N/A




N/AMay 1, 2009 - 
May 31, 2009



1,888.5970



$
1,100.83




N/A




N/AJune 1, 2009 - 
June 30, 2009



2,662.1788



$
1,080.87




N/A




N/A5,348.7172



$
1,095.43       Item 3.
    Defaults
    Upon Senior Securities  None  Item 4.
    Submission
    of Matters to a Vote of Security Holders 
    None  Item 5.
    Other
    Information  Morgan Stanley/Citigroup Joint Venture
   24




---



##### Table of Contents



Item 6.
    Exhibits  Regulation S-K
    Rule 13a-14(a)/15d-14(a)
    Rule 13a-14(a)/15d-14(a)
           25




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##### Table of Contents



SIGNATURES
     CITIGROUP ABINGDON FUTURES FUND L.P.
  By:
    Citigroup Managed Futures LLC     By:
    /s/ Jerry Pascucci        By:
    /s/ Jennifer Magro      26