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:   2026-01-29T23:59:59+00:00
Accession:  0001104659-26-007755
Event type: other_material
Sentiment:  negative
Materiality: 0.10
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USL December net loss $543,640; NAV per share $33.31
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- Realized trading loss of $454,489 and unrealized loss of $182,332 on commodity futures.
- Net loss of $543,640 for December 2025.
- Net asset value fell $2.23M to $36.64M; 50,000 shares redeemed ($1.68M).
- NAV per share at month-end $33.31 on 1.1M shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465926007755/0001104659-26-007755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465926007755/tm262824d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-007755

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