USL reports July 2023 NAV per share of $37.24, net income $9.98M

United States 12 Month Oil Fund, LP

Net income $9,983,239 for July 2023, driven by $10.27M unrealized gain on commodity futures offsetting $558K realized loss.
NAV increased from $73.56M to $80.07M; NAV per share $37.24 on 2.15M shares outstanding.
Fund had 100k shares redeemed ($3.48M) during the month.
Other income: dividend $143.9K, interest $176.7K; total expenses $51.6K.

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