---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-076098"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:29:51.816393+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-076098
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465924076098/0001104659-24-076098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465924076098/tm2417367d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-076098
- JSON: https://secwatch.observer/filing/0001104659-24-076098.json
- Plain text: https://secwatch.observer/filing/0001104659-24-076098.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.