---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-105097"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T06:53:08.038696+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# US Brent Oil Fund (BNO) reports August 2023 net income of $3.95M; NAV per share $29.74

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-105097
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: other
- 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/1472494/000110465923105097/0001104659-23-105097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465923105097/tm2325951d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-105097
- JSON: https://secwatch.observer/filing/0001104659-23-105097.json
- Plain text: https://secwatch.observer/filing/0001104659-23-105097.txt

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