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:   2024-01-30T23:59:59+00:00
Accession:  0001104659-24-008031
Event type: other_material
Sentiment:  negative
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL reports net loss of $3.5M for December 2023; NAV per share $35.23
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- Net loss of $3,516,151 for the month ended December 31, 2023.
- Net asset value per share $35.23 at month-end, down from $36.86 at start of month.
- Realized trading loss of $441,316 and unrealized loss of $3,312,854 on commodity futures.
- Dividend income $102,433 and interest income $187,911 partially offset losses.
- Withdrawals of $5.1 million (150,000 shares) during the month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465924008031/0001104659-24-008031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465924008031/tm243433d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-008031

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