{"schema_version":"secwatch.filing_event.v1","accession":"0001171200-24-000108","form_type":"8-K","ticker":"USL","cik":"0001405528","company_name":"United States 12 Month Oil Fund, LP","filed_at":"2024-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.079907+00:00","generated_at":"2026-06-04T07:04:32.109166+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"USL posts net loss of $56,520 in FY2023 vs net income of $38.4M in FY2022","bullets":["Net loss of $56,520 for 2023; net income of $38,362,556 in 2022. Revenue primarily from dividends and interest.","NAV per share fell to $35.23 from $35.45; shares outstanding dropped from 2.35M to 1.9M.","Total partners' capital decreased from $83.3M to $66.9M due to net redemptions of 1.05M shares.","Unrealized loss on open futures contracts improved to ($2.06M) from ($3.13M) at year-end."],"urls":{"canonical":"https://secwatch.observer/filing/0001171200-24-000108","json":"https://secwatch.observer/filing/0001171200-24-000108.json","markdown":"https://secwatch.observer/filing/0001171200-24-000108.md","text":"https://secwatch.observer/filing/0001171200-24-000108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405528/000117120024000108/0001171200-24-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405528/000117120024000108/i24095_usl-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T07:04:32.109166+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}