other material
confidence high
sentiment neutral
materiality 0.20
United States 12 Month Oil Fund reports $3.69M net loss for October 2023
United States 12 Month Oil Fund, LP
- Net loss of $3,685,906 for month ended Oct 31, 2023; net asset value per share $38.19.
- Unrealized loss of $4.41M on commodity futures offset by realized gain of $461,150.
- Net asset value increased $285K to $76.39M due to $3.97M in share additions.
- Dividend and interest income combined $315,672; total expenses $55,338.