United States 12 Month Oil Fund (USL) Operating Expenses (2010 - 2026)

United States 12 Month Oil Fund has reported Operating Expenses for 17 years, with the latest figure at $108816.0 in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 6.18% year-over-year to $108816.0; the trailing twelve-month figure through Mar 2026 stood at $424225.0 (down 27.88% YoY), and the FY2025 full-year result was $431394.0, down 30.33% from the prior year.
• Operating Expenses for Q1 2026 stood at $108816.0, up from $93987.0 in the prior quarter.
• The five-year high for Operating Expenses was $332996.0 in Q1 2022, with the low at $93987.0 in Q4 2025.
• Historically, Operating Expenses has averaged $167150.9 across 5 years, with a median of $146993.0 in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses slumped 56.07% — and 2024, when it climbed 14.56%.
• United States 12 Month Oil Fund's Operating Expenses stood at $179847.0 in 2022, then fell by 10.01% to $161836.0 in 2023, then slipped by 7.92% to $149023.0 in 2024, then slumped by 36.93% to $93987.0 in 2025, then grew by 15.78% to $108816.0 in 2026.
• The last three Operating Expenses figures came in at $108816.0 (Q1 2026), $93987.0 (Q4 2025), and $123149.0 (Q3 2025), per Business Quant data.