{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-053373","form_type":"8-K","ticker":"BNO","cik":"0001472494","company_name":"United States Brent Oil Fund, LP","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.403309+00:00","generated_at":"2026-05-20T07:48:21.910213+00:00","sec_items":["7.01","9.01"],"event_type":"other","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"BNO reports $16.16M net loss for April 2025; NAV per share drops to $25.85","bullets":["Net loss of $16,160,178 for month ended April 30, 2025, including $4.98M realized trading loss and $11.39M unrealized loss.","Net asset value per share fell to $25.85 on 2.9M shares from $98.06M total NAV at month start.","Net subscriptions of 50,000 shares added $1.55M; net redemptions of 300,000 shares removed $8.48M.","Dividend income $146,701 and interest income $126,264; total expenses $60,783 (GP management fees $51,355).","Monthly account statement filed under CFTC Rule 4.22; available on fund's website."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-053373","json":"https://secwatch.observer/filing/0001104659-25-053373.json","markdown":"https://secwatch.observer/filing/0001104659-25-053373.md","text":"https://secwatch.observer/filing/0001104659-25-053373.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1472494/000110465925053373/0001104659-25-053373-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1472494/000110465925053373/tm2514809d6_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T07:48:21.910213+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}