USL reports May 2024 net loss of $2.2M; NAV per share falls to $38.80

United States 12 Month Oil Fund, LP

Net loss of $2,199,228 for May 2024; realized gain $534K offset by unrealized loss $2.95M.
NAV end of month $62.07M, down from $64.27M; NAV per share $38.80 (1.6M shares outstanding).
Dividend income $86,870; interest income $179,865; total income loss of $2.15M.
Expenses: GP mgmt fees $31,782, other fees $16,661; total expenses $48,443.
Filing is routine monthly CFTC Rule 4.22 statement; no material events to report.

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