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:   2025-05-28T23:59:59+00:00
Accession:  0001104659-25-053373
Event type: other
Sentiment:  negative
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNO reports $16.16M net loss for April 2025; NAV per share drops to $25.85
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472494/000110465925053373/0001104659-25-053373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472494/000110465925053373/tm2514809d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-053373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer