other material
confidence high
sentiment neutral
materiality 0.10
USL reports May 2026 net loss of $2.6M; NAV per share $51.45
United States 12 Month Oil Fund, LP
- Net loss of $2,614,461 for May, driven by unrealized loss of $6.35M on commodity futures.
- Net asset value per share at May 31, 2026: $51.45, down from prior month.
- NAV decreased from $59.0M to $54.0M after net share redemptions of 50,000 shares.
- Interest and dividend income totaled $168,564; expenses were $48,394.