United States 12 Month Oil Fund (USL) Non Operating Investment Income (2010 - 2026)
United States 12 Month Oil Fund's (USL) quarterly Non Operating Investment Income came in at $15.0 million in Q1 2026, up 14263.78% on a YoY basis from N/an in Q1 2025, and up 1140.62% quarter-over-quarter from -$1.4 million in Q4 2025.
Analysis
United States 12 Month Oil Fund (USL) Non Operating Investment Income (2010 - 2026) Analysis & Trends
United States 12 Month Oil Fund (USL) has reported Non Operating Investment Income for 17 consecutive years, with $15.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Non Operating Investment Income rose 14263.78% year-over-year to $15.0 million; the trailing twelve-month figure through Mar 2026 stood at $12.3 million (up 325.65% YoY), and the FY2025 full-year result was -$2.6 million, down 261.22% from the prior year.
- Non Operating Investment Income climbed to $15.0 million in Q1 2026 per USL's latest filing, from -$1.4 million in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $15.0 million in Q1 2026 and bottomed at -$32.3 million in Q3 2022.
- Historically, Non Operating Investment Income has averaged -$454053.4 across 5 years, with a median of $104162.0 in 2025.
- The sharpest annual moves came in 2024 and 2026: Non Operating Investment Income plunged 312.57% in 2024, then surged 14263.78% in 2026.
- Over 5 years, Non Operating Investment Income stood at $6.3 million in 2022, then slumped by 272.4% to -$10.8 million in 2023, then jumped by 131.25% to $3.4 million in 2024, then sank by 142.5% to -$1.4 million in 2025, then jumped by 1140.62% to $15.0 million in 2026.
- According to Business Quant data, Non Operating Investment Income over the past three periods registered $15.0 million, -$1.4 million, and $834475.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 283.00 Mn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | -23.94 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | -10.47 Bn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | -4.12 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 120.60 Mn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | -7.80 Bn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | - |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | - |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | - |
| 10 | United States 12 Month Oil Fund | 58.33 Mn | 23.57 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 14.96 Mn |
| Dec 31, 2025 | -1.44 Mn |
| Sep 30, 2025 | 834,475.00 |
| Jun 30, 2025 | -2.05 Mn |
| Mar 31, 2025 | 104,162.00 |
| Dec 31, 2024 | 3.38 Mn |
| Sep 30, 2024 | -7.31 Mn |
| Jun 30, 2024 | -1.63 Mn |
| Mar 31, 2024 | 7.14 Mn |
| Dec 31, 2023 | -10.83 Mn |
| Sep 30, 2023 | 13.36 Mn |
| Jun 30, 2023 | 768,530.00 |
| Mar 31, 2023 | -2.23 Mn |
| Dec 31, 2022 | 6.28 Mn |
| Sep 30, 2022 | -32.31 Mn |
| Jun 30, 2022 | -11.44 Mn |
| Mar 31, 2022 | 14.68 Mn |
| Dec 31, 2021 | -14.12 Mn |
| Sep 30, 2021 | -18.19 Mn |
| Jun 30, 2021 | 6.74 Mn |