---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-078519"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2026-06-29T12:18:13+00:00"
generated_at: "2026-06-29T12:20:09.992343+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# USL reports May 2026 net loss of $2.6M; NAV per share $51.45

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-078519
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2026-06-29T12:18:13+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000110465926078519/0001104659-26-078519-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000110465926078519/tm2617346d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-078519
- JSON: https://secwatch.observer/filing/0001104659-26-078519.json
- Plain text: https://secwatch.observer/filing/0001104659-26-078519.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.