US Brent Oil Fund reports $81.2M net income for April; NAV per share rises to $58.20

United States Brent Oil Fund, LP

Net income of $81.2M; realized trading loss of $70.5M offset by $149.8M unrealized gain on futures.
NAV per share at April 30: $58.20, up from $51.86 at March 31 (+12.2%) on net income and redemptions.
Fund had net redemptions of 3.6M shares, with additions of 2.9M shares and withdrawals of 6.5M shares.
Total expenses $610,483; management fees $528,771.
Dividend income $1.6M and interest income $0.8M contributed to total income of $81.8M.

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