secwatch.observer — SEC 8-K summary
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Issuer:     United States Brent Oil Fund, LP (BNO)
CIK:        0001472494
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001104659-23-052254
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Brent Oil Fund reports net loss of $8.9M for March 2023; NAV per share $26.63
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- Net loss of $8,919,005 for March; realized trading loss on futures of $28,633,850 partially offset by $19,035,890 unrealized gain.
- NAV fell from $251.5M to $241.0M; NAV per share of $26.63 on 9,050,000 shares outstanding.
- Additions of 800,000 shares ($20.3M) and withdrawals of 850,000 shares ($21.9M) during the month.
- Dividend income $463,744 and interest income $394,514; total expenses $182,803.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472494/000110465923052254/0001104659-23-052254-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472494/000110465923052254/tm2312904d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-052254

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer