---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-095593"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2023-08-28T23:59:59+00:00"
generated_at: "2026-06-11T02:50:07.198872+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-095593
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2023-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465923095593/0001104659-23-095593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465923095593/tm2323305d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-095593
- JSON: https://secwatch.observer/filing/0001104659-23-095593.json
- Plain text: https://secwatch.observer/filing/0001104659-23-095593.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.