secwatch.observer — SEC 8-K summary
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Issuer:     United States 12 Month Oil Fund, LP (USL)
CIK:        0001405528
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001104659-25-018800
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465925018800/0001104659-25-018800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465925018800/tm256731d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-018800

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer