other
confidence high
sentiment neutral
materiality 0.20
USL reports July 2024 monthly account statement: NAV per share $39.30, net loss $1.89M
United States 12 Month Oil Fund, LP
- Net Asset Value fell to $60.9M from $64.9M; net loss of $1,890,895 for the month.
- Net Asset Value per share $39.30 as of July 31, 2024 (1,550,000 shares outstanding).
- Realized gain on futures $1.01M offset by unrealized loss of $3.11M; total income (loss) $(1.84M).
- Dividend income $86,826 and interest income $175,980; expenses total $55,611.
- Withdrawals of 50,000 shares ($2.06M) occurred during the month.