secwatch.observer — SEC 8-K summary
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Issuer:     United States 12 Month Oil Fund, LP (USL)
CIK:        0001405528
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001104659-23-052237
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL reports net loss of $740K for March 2023; NAV per share $33.77
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923052237/0001104659-23-052237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923052237/tm2312904d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-052237

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer