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:   2024-02-28T23:59:59+00:00
Accession:  0001104659-24-028529
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US 12 Month Oil Fund reports Jan 2024 net income $2.9M, NAV $36.85/share
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- Net income of $2.9M driven by $3.0M unrealized gain on crude futures, partially offset by $296K realized loss.
- Net asset value per share $36.85 on 1.8M shares outstanding; total NAV $66.3M at month end.
- Fund recorded $91K dividend income, $187K interest income; total expenses $50.5K.
- Withdrawals of 100,000 shares reduced NAV by $3.5M during the month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465924028529/0001104659-24-028529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465924028529/tm246181d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-028529

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