---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-018811"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:58:32.467983+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# BNO monthly account statement shows net income of $4.3M for January 2025, NAV per share $30.99

## Summary
- Net income of $4.26M from realized trading gain $10.1M and unrealized loss $6.1M.
- NAV per share ended at $30.99, up from estimated $30.13 at start of month.
- Total NAV decreased to $100.7M from $114.5M due to net redemptions of 550,000 shares.
- Expenses totaled $117k, including $70k management fees and $35k professional fees.

## SEC filing metadata
- accession: 0001104659-25-018811
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2025-02-28T23:59:59+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/1472494/000110465925018811/0001104659-25-018811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465925018811/tm256731d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-018811
- JSON: https://secwatch.observer/filing/0001104659-25-018811.json
- Plain text: https://secwatch.observer/filing/0001104659-25-018811.txt

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