other material
confidence high
sentiment neutral
materiality 0.30
USL reports June 2023 net income of $3.6M, NAV per share $32.70
United States 12 Month Oil Fund, LP
- Net income for June 2023: $3,598,918; NAV per share $32.70 on 2,250,000 shares.
- Realized trading loss of $(1,661,500) offset by unrealized gain of $5,032,370.
- Dividend and interest income totaled $273,566; total expenses were $45,868.
- Net asset value rose from $71.63M to $73.56M; 50,000 shares redeemed at $1.66M.