other material
confidence high
sentiment positive
materiality 0.20
United States Brent Oil Fund reports Dec net income $5.69M; NAV per share $30.14
United States Brent Oil Fund, LP
- Net income for December 2024: $5.69M, from $2.02M realized and $3.35M unrealized gains on commodity futures.
- NAV per share as of Dec 31, 2024: $30.14, up from $28.78 at start of month.
- Shareholders redeemed 800,000 shares for $23.5M during the month.
- Total expenses $124.6K; management fees $77.5K.
- Total NAV declined from $132.4M to $114.5M due to withdrawals.