{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-102915","form_type":"8-K","ticker":"USL","cik":"0001405528","company_name":"United States 12 Month Oil Fund, LP","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.324235+00:00","generated_at":"2026-05-17T01:54:29.596741+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"USL reports net loss of $664,853 for September 2025; NAV falls to $35.50","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-102915","json":"https://secwatch.observer/filing/0001104659-25-102915.json","markdown":"https://secwatch.observer/filing/0001104659-25-102915.md","text":"https://secwatch.observer/filing/0001104659-25-102915.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405528/000110465925102915/0001104659-25-102915-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405528/000110465925102915/tm2525705d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:54:29.596741+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}