other
confidence high
sentiment neutral
materiality 0.15
US Brent Oil Fund (BNO) reports August 2023 net income of $3.95M; NAV per share $29.74
United States Brent Oil Fund, LP
- Net income of $3,954,909 for August 2023, with realized trading gains of $10.5M offset by unrealized losses of $7.2M.
- NAV fell to $163.6M from $172.7M at start of month, driven by net withdrawals of $13.1M.
- NAV per share at month-end: $29.74 on 5.5 million shares outstanding.
- Total expenses for the month: $132,462, including management fees of $106,530.