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:   2025-07-29T23:59:59+00:00
Accession:  0001104659-25-071478
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL reports June 2025 NAV of $42.2M ($35.19/share); net income $2.25M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465925071478/0001104659-25-071478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465925071478/tm2521008d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-071478

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