---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-018800"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:51:00.144207+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# United States 12 Month Oil Fund reports Jan 2025 net income $392K; NAV $47.83M

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-018800
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465925018800/0001104659-25-018800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465925018800/tm256731d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-018800
- JSON: https://secwatch.observer/filing/0001104659-25-018800.json
- Plain text: https://secwatch.observer/filing/0001104659-25-018800.txt

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