---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-111969"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:52:10.974086+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# USL reports September 2023 monthly net income of $3.75M; NAV per share $40.06

## Summary
- Net income of $3.75M for month ended Sept 30, 2023, driven by $1.06M realized and $2.44M unrealized gains on commodity futures.
- Net asset value per share $40.06 (1.9M shares); total NAV $76.1M, up from $74.4M at start of month.
- Withdrawals of 50,000 shares totaling ~$2.02M during the month.
- Dividend income $116,827; interest income $192,755; total expenses $53,163.

## SEC filing metadata
- accession: 0001104659-23-111969
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: other
- 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/1405528/000110465923111969/0001104659-23-111969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465923111969/tm2328418d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-111969
- JSON: https://secwatch.observer/filing/0001104659-23-111969.json
- Plain text: https://secwatch.observer/filing/0001104659-23-111969.txt

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