---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-050938"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:42:32.110954+00:00"
event_type: "other"
sentiment: "positive"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# US Brent Oil Fund (BNO) reports March 2026 net income of $138.4M, NAV up to $951.7M

## Summary
- Net income of $138.4M from realized gains of $145.4M on commodity futures.
- NAV rose from $213.2M to $951.7M during March, driven by $633M in share creations.
- Shares outstanding increased from 6.15M to 18.35M (net 12.2M new shares created).
- NAV per share at month-end $51.86.
- Total expenses $0.4M, mainly management fees $0.33M.

## SEC filing metadata
- accession: 0001104659-26-050938
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: other
- sentiment: positive
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000110465926050938/0001104659-26-050938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000110465926050938/tm2611631d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-050938
- JSON: https://secwatch.observer/filing/0001104659-26-050938.json
- Plain text: https://secwatch.observer/filing/0001104659-26-050938.txt

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