USL reports November 2023 monthly net loss of $2.64M; NAV per share $36.86

United States 12 Month Oil Fund, LP

Net loss of $2,642,986 for month ended November 30, 2023, primarily from unrealized loss of $3.1M on futures.
Net asset value per share $36.86 with 2,050,000 shares outstanding; NAV beginning month $76.39M.
Realized trading gain of $216,380 offset by $3.1M unrealized loss; dividend and interest income $299,417 total.
Total expenses $53,823 including $37,430 in management fees; net loss reduced NAV by $2.64M.

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