other_material
confidence high
sentiment neutral
materiality 0.20
USL reports June 2025 NAV of $42.2M ($35.19/share); net income $2.25M
United States 12 Month Oil Fund, LP
- Net income of $2,246,421 for June 2025, driven by $2,469,682 unrealized gain on futures.
- NAV rose from $38.0M to $42.2M; 50,000 shares added during month.
- NAV per share at June 30, 2025: $35.19 (1,200,000 shares outstanding).
- Realized trading loss of $(329,090) on commodity futures during the period.
- Total expenses $38,613; income from dividends, interest, and fees totaled $74,990, $69,102, $350.
item 7.01item 9.01