This is a routine monthly statement required by CFTC regulations. The NAV decline reflects May oil futures performance and is already priced into the fund's market price. No trading action warranted; monitor next month's statement for trend confirmation.
Price Chart
Executive Summary
United States 12 Month Oil Fund, LP filed its monthly account statement for May 2026, reporting a net loss of $2,614,461 and a decline in net asset value from $59.0M to $54.0M. This is a routine CFTC Rule 4.22 disclosure with no material corporate events or forward guidance.
Key Facts
- Net loss of $2,614,461 for May 2026
- Net asset value declined from $59,033,804 to $54,024,343 (down ~8.5%)
- NAV per share at month-end: $51.45 on 1,050,000 shares
- Realized trading gain of $3,613,175 offset by unrealized loss of $6,349,556
- Total expenses were $48,394; management fees $29,428
Financial Impact
Net loss of $2,614,461; NAV decline of ~$5.0M from prior month
Risk Factors
- Oil price volatility directly impacts fund NAV
- Commodity futures trading risk and contango/backwardation effects
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-078519 |
| Document: tm2617346d3_ex99-1.htm | 0001104659-26-078519 |
| Document: 0001104659-26-078519-index-headers.html | 0001104659-26-078519 |
| Document: 0001104659-26-078519-index.html | 0001104659-26-078519 |
| Document: 0001104659-26-078519.txt | 0001104659-26-078519 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 28d ago | 8-K | $56.26 $63.25 | ▲ +12.42% | ▲ +11.70% | $63.24 (+12.42%) |
Sep 25, 2026 4w ago | 8-K | $56.99 $63.47 | ▲ +11.38% | ▲ +11.41% | $63.24 (+10.98%) |
Aug 28, 2026 8w ago | 8-K | $51.26 $56.99 | ▲ +11.17% | ▲ +10.91% | $63.24 (+23.38%) |
Jul 29, 2026 12w ago | 8-K | $50.75 $50.95 | ▲ +0.39% | ▼ −4.63% | $63.24 (+24.63%) |
Jun 29, 2026 17w ago | 8-K | $45.45 $51.78 | ▲ +13.94% | ▲ +14.22% | $63.24 (+39.17%) |
May 28, 2026 21w ago | 8-K | $52.11 $44.93 | ▼ −13.77% | ▼ −10.63% | $63.24 (+21.37%) |
Apr 29, 2026 25w ago | 8-K | $53.84 $51.72 | ▼ −3.94% | ▼ −9.40% | $63.24 (+17.47%) |
US Market Status
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