other material
confidence high
sentiment negative
materiality 0.50
USL reports Sep 2024 net loss of $2.62M; NAV $35.91 per share
United States 12 Month Oil Fund, LP
- Net loss of $2,618,024 for month ended Sep 30, 2024.
- Realized trading loss of $896,090 and unrealized loss of $1,879,722.
- Total income (loss) of $(2,558,748); expenses $59,276.
- Net asset value fell to $53,871,391 from $56,489,415 at start of month.
- NAV per share $35.91 based on 1,500,000 shares outstanding.