---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-037488"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T12:30:48.328309+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# USL reports monthly net loss of $2.1M; NAV per share $34.19 for Feb 2023

## Summary
- Net loss of $2,117,617 for month ended Feb 28, 2023; realized trading loss of $615,150.
- Unrealized loss on commodity futures of $1,700,710; dividend income $60,141; interest income $183,148.
- Net asset value per share $34.19 on 2,350,000 outstanding shares; total NAV $80.3M.
- Additions of $3.44M and withdrawals of $3.40M during the month, net flat.
- Monthly account statement furnished under CFTC Rule 4.22; no change in strategy.

## SEC filing metadata
- accession: 0001104659-23-037488
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465923037488/0001104659-23-037488-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465923037488/tm239381d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-037488
- JSON: https://secwatch.observer/filing/0001104659-23-037488.json
- Plain text: https://secwatch.observer/filing/0001104659-23-037488.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.