---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-095599"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2023-08-28T23:59:59+00:00"
generated_at: "2026-06-11T02:50:53.706387+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# US Brent Oil Fund July net income $21.9M; NAV per share $29.02

## Summary
- Net income of $21,912,528 for July 2023 from $7.5M realized and $13.9M unrealized gains.
- Net asset value end of month $172,678,419, up from $166,966,097; NAV per share $29.02 on 5,950,000 shares.
- Withdrawals of 600,000 shares totaling $16,200,206 during the month.
- Total expenses $134,780, including management fees of $108,112.

## SEC filing metadata
- accession: 0001104659-23-095599
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2023-08-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000110465923095599/0001104659-23-095599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465923095599/tm2323305d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-095599
- JSON: https://secwatch.observer/filing/0001104659-23-095599.json
- Plain text: https://secwatch.observer/filing/0001104659-23-095599.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.