other
confidence high
sentiment neutral
materiality 0.35
USL reports August 2023 net income of $1.76M, NAV per share $38.14
United States 12 Month Oil Fund, LP
- Net income of $1,760,580 from realized/unrealized trading gains and dividends.
- Net asset value per share $38.14 on 1,950,000 shares at month-end.
- NAV decreased from $80.07M to $74.37M due to $7.46M in share redemptions.
- Realized trading gain $853,570; unrealized gain $651,130; total income $1.81M.
- Total expenses $51,914, including management fees of $39,096.