---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-021025"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T23:01:47.138503+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# United States Brent Oil Fund reports Jan 2026 NAV $32.65; net income $16.38M

## Summary
- Net income of $16.38M for Jan 2026 from $8.59M realized and $7.57M unrealized gains on Brent futures.
- NAV per share rose to $32.65 at Jan 31, 2026, from ~$28.29 at Dec 31, 2025, a 15.4% increase.
- Fund raised $20.21M from 650k share issuances and redeemed $1.51M from 50k share redemptions.
- Total net assets grew to $135.52M from $100.44M at beginning of January.

## SEC filing metadata
- accession: 0001104659-26-021025
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000110465926021025/0001104659-26-021025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465926021025/tm266376d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-021025
- JSON: https://secwatch.observer/filing/0001104659-26-021025.json
- Plain text: https://secwatch.observer/filing/0001104659-26-021025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.