secwatch.observer — SEC 8-K summary
======================================

Issuer:     United States Brent Oil Fund, LP (BNO)
CIK:        0001472494
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001104659-25-117092
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United States Brent Oil Fund posts net loss of $1.08M for October 2025; NAV per share $29.61
--------------------------------------------------------------------------------

- Net loss of $1,081,699 for month ended Oct 31, 2025; NAV per share $29.61 on 3.2M shares.
- Realized trading loss on commodity futures of $8.06M, partially offset by $6.76M unrealized gain.
- Total income (loss) of ($986,722); dividend income $223,891, interest $85,197.
- Net share redemptions of 200,000 shares ($6.15M net outflow); shares outstanding fell to 3.2M.
- Expenses totaled $94,977, including $59,216 management fees and $21,158 professional fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472494/000110465925117092/0001104659-25-117092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472494/000110465925117092/tm2530912d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-117092

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