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:   2026-06-29T12:18:13+00:00
Accession:  0001104659-26-078519
Event type: other_material
Sentiment:  neutral
Materiality: 0.10
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405528/000110465926078519/0001104659-26-078519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405528/000110465926078519/tm2617346d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-078519

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