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:   2023-08-28T23:59:59+00:00
Accession:  0001104659-23-095593
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923095593/0001104659-23-095593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923095593/tm2323305d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-095593

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