other material
confidence high
sentiment negative
materiality 0.45
USL reports net loss of $664,853 for September 2025; NAV falls to $35.50
United States 12 Month Oil Fund, LP
- Net income (loss) of ($664,853) for September 2025, driven by $471,300 unrealized and $296,780 realized trading losses.
- Net Asset Value declined to $40.8M from $43.3M; NAV per share $35.50 on 1,150,000 shares.
- Withdrawals of 50,000 shares during month amounted to $1.78M.
- Total expenses of $40,071, including management fees of $21,105.