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:   2023-09-29T23:59:59+00:00
Accession:  0001104659-23-105093
Event type: other
Sentiment:  neutral
Materiality: 0.35
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL reports August 2023 net income of $1.76M, NAV per share $38.14
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923105093/0001104659-23-105093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465923105093/tm2325951d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-105093

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