other material
confidence high
sentiment negative
materiality 0.25
BNO reports net loss of $6.1M for December 2023; NAV $27.39/share
United States Brent Oil Fund, LP
- Net loss of $6,127,848 for December 2023; net asset value per share $27.39 (4.75M shares).
- Realized trading loss on commodity futures of $4,996,670; unrealized loss of $1,589,950.
- Net asset value fell to $130.1M from $145.0M, partly due to net redemptions of 300,000 shares.
- Total income (loss) of negative $5.996M; expenses $132,009.