BNO reports May 2025 net income of $3.1M; NAV per share $26.90

United States Brent Oil Fund, LP

Net income of $3,106,169 for May 2025; total income $3,192,778, expenses $86,609.
NAV per share $26.90 as of May 31, 2025, up from $25.85 at start of month.
Realized trading loss of $613,840 offset by unrealized gain of $3,515,000 on commodity futures.
Dividend and interest income totaled $289,518; ETF transaction fees $2,100.
Net asset value increased from $74.97M to $82.06M, with net share additions of 150,000.

item 7.01item 9.01

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