other material
confidence high
sentiment positive
materiality 0.50
US Brent Oil Fund reports Jan 2024 net income of $7.3M, NAV per share $28.89
United States Brent Oil Fund, LP
- Net income for January: $7,260,722 on total income of $7,399,874 and expenses of $139,152.
- Net asset value increased from $130.1M to $138.7M; NAV per share $28.89 (4.8M shares).
- Realized trading gain $2.03M; unrealized gain $4.78M; dividend income $0.34M; interest $0.24M.
- Issued 250,000 shares ($6.75M) and redeemed 200,000 shares ($5.42M) during the month.