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:   2025-06-27T23:59:59+00:00
Accession:  0001104659-25-063440
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472494/000110465925063440/0001104659-25-063440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472494/000110465925063440/tm2517979d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-063440

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