---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-039892"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T04:51:17.360743+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# USL reports March 2025 net income $1.16M; NAV per share $38.21

## Summary
- Net income of $1,162,108 for month ended March 31, 2025.
- NAV end of month $47,767,836; NAV per share $38.21 on 1.25M shares.
- Realized trading loss of $346,290 offset by unrealized gain of $1,379,950.
- Dividend and interest income totaled $159,258; total expenses $30,810.

## SEC filing metadata
- accession: 0001104659-25-039892
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465925039892/0001104659-25-039892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465925039892/tm2512319d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-039892
- JSON: https://secwatch.observer/filing/0001104659-25-039892.json
- Plain text: https://secwatch.observer/filing/0001104659-25-039892.txt

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