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:   2025-12-01T23:59:59+00:00
Accession:  0001104659-25-117083
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL reports Oct 2025 net loss of $669K; NAV per share $34.92
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- Net loss of $668,956 for month ended Oct 31, 2025, on total loss of $633,251.
- Realized trading loss on commodity futures of $420,500; unrealized loss of $345,120.
- Net asset value per share $34.92; total shares outstanding 1,150,000.
- NAV decreased from $40.83M to $40.16M during October.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465925117083/0001104659-25-117083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465925117083/tm2530912d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-117083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer