other
confidence high
sentiment neutral
materiality 0.10
United States 12 Month Oil Fund reports Jan 2025 net income $392K; NAV $47.83M
United States 12 Month Oil Fund, LP
- Net income $392,258 for January 2025; realized trading gain $291,710 partially offset by unrealized loss $28,396.
- NAV per share $38.26 as of Jan 31, 2025 (1,250,000 shares outstanding).
- NAV decreased from $49.42M to $47.83M, primarily due to $1.98M withdrawal of 50,000 shares.
- Dividend income $71,950 and interest income $102,114 contributed to total income of $437,728.
- Total expenses $45,470 including management fees $25,711 and professional fees $16,605.