---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-123970"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2024-11-29T23:59:59+00:00"
generated_at: "2026-05-29T12:46:07.739056+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# BNO October 2024 net income $7M; NAV down to $134.7M on net redemptions

## Summary
- Net income of $7.0M from $5.2M realized trading gains and $1.3M unrealized gains.
- Net asset value decreased from $216.3M to $134.7M due to net redemptions of $88.7M.
- NAV per share $28.97 on 4.65M shares outstanding; net outflow of 3.0M shares.
- Expenses $159K, including $110.8K management fees; dividend and interest income $701.5K.
- Monthly account statement furnished per CFTC Rule 4.22; no forward-looking guidance.

## SEC filing metadata
- accession: 0001104659-24-123970
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2024-11-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000110465924123970/0001104659-24-123970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465924123970/tm2428595d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-123970
- JSON: https://secwatch.observer/filing/0001104659-24-123970.json
- Plain text: https://secwatch.observer/filing/0001104659-24-123970.txt

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