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:   2023-05-26T23:59:59+00:00
Accession:  0001104659-23-065058
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United States Brent Oil Fund reports net income of $5.0M for April; NAV per share $26.97
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- Net income of $5,001,298 for month ended April 30, 2023, driven by $30.95M realized trading gain.
- Net Asset Value dropped to $204.9M from $241.0M, partly due to $41.1M in share redemptions (1.45M shares).
- NAV per share ended at $26.97 on 7.6M outstanding shares.
- Dividend income of $374,738 and interest income of $437,419; total expenses $161,679.
- Unrealized loss on commodity futures of $26.6M partially offset realized gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472494/000110465923065058/0001104659-23-065058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472494/000110465923065058/tm2315506d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-065058

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