secwatch.observer — SEC 8-K summary
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Issuer:     United States Brent Oil Fund, LP (BNO)
CIK:        0001472494
Form:       8-K
Filed at:   2024-11-29T23:59:59+00:00
Accession:  0001104659-24-123970
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472494/000110465924123970/0001104659-24-123970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472494/000110465924123970/tm2428595d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-123970

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