BNO March 2025 monthly account: NAV $31.13, net income $3.6M

United States Brent Oil Fund, LP

Net income of $3,622,900 for March 2025; NAV per share $31.13 on 3.15M shares.
Realized trading loss of $5.27M offset by unrealized gain of $8.66M on commodity futures.
Total NAV increased to $98.06M from $90.10M at month start.
Monthly additions: 200k shares ($5.78M); withdrawals: 50k shares ($1.44M).
Management fees $58,444; total expenses $79,721.

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