other_material
confidence high
sentiment neutral
materiality 0.25
USL reports July net income $3.18M; NAV per share $37.84
United States 12 Month Oil Fund, LP
- Net income for July 2025 was $3,178,994, driven by $3,334,225 in unrealized gains on commodity futures.
- Net asset value per share at July 31 was $37.84, up from $35.19 at June 30 (1.2M shares outstanding).
- Realized trading loss on commodity futures was $(265,858) for the month.
- Total income of $3,220,700 included $102,002 in dividends and $50,331 in interest income.
- Total expenses were $41,706, with management fees of $22,240 the largest component.
item 7.01item 9.01