United States 12 Month Oil Fund USL
NYSE USL
$54.61 +1.13 (+2.11%)
As of: Sep 8, 2026 · 3:44 PM EDT

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

Historic Data

Download Data
DateValue
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