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:   2023-07-31T23:59:59+00:00
Accession:  0001104659-23-085646
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL reports June 2023 net income of $3.6M, NAV per share $32.70
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923085646/0001104659-23-085646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923085646/tm2321447d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-085646

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