other material
confidence high
sentiment negative
materiality 0.30
USL reports net loss of $740K for March 2023; NAV per share $33.77
United States 12 Month Oil Fund, LP
- Net loss of $740,109 for month ended March 31, 2023; realized trading loss of $993,910.
- Unrealized gain on commodity futures of $37,740; dividend/interest income $263,585.
- NAV per share $33.77, with 2,450,000 shares outstanding at month-end.
- NAV increased from $80.3M to $82.7M due to net share additions and withdrawals.