United States Brent Oil Fund, LP filings document the reporting framework for a commodity fund vehicle with shares listed on NYSE Arca under BNO. Recent Form 8-K reports furnish Rule 4.22 materials under the Commodity Exchange Act, including monthly account statements presented as statements of income or loss and statements of changes in net asset value.
The filing record also includes annual financial statements for the fund and audited statements of financial condition for United States Commodity Funds LLC, the fund's general partner. These disclosures address fund-level results, NAV reporting, listed-share status, governance structure, and formal financial reporting obligations.
United States Brent Oil Fund, LP (BNO) filed its quarterly report, detailing Q3 results and portfolio positioning. BNO recorded net income of $2.7 million for the three months ended September 30, 2025, and $1.4 million for the nine-month period. Total assets were $102.25 million with partners’ capital of $101.98 million.
Per‑share NAV was $29.99 at September 30, 2025, versus $30.14 at year‑end 2024. Limited partners’ shares outstanding were 3,400,000 as of September 30, 2025. The market price was $30.05 and NAV $29.99 at period end.
BNO held 1,545 ICE Brent crude futures (notional $103.72 million) with an unrealized loss of $1.70 million, and maintained $75.0 million in U.S. government money market funds (7‑day yields cited). Cash and cash equivalents totaled $83.69 million at cost, plus $19.88 million cash in trading accounts as futures collateral. Management fees were $202,403 for Q3 and $548,355 year‑to‑date. Over the 30 valuation days ended September 30, BNO’s average daily NAV change (0.047%) remained within the stated tracking band relative to its Benchmark Futures Contract (0.036%).
United States Brent Oil Fund, LP (BNO) furnished a monthly account statement for the month ended September 30, 2025 under Regulation FD. The report, presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, was provided as Exhibit 99.1 and is available on the sponsor’s website.
The information was furnished, not filed, under the Exchange Act and is not subject to Section 18 liabilities, nor incorporated into other filings unless specifically referenced.
United States Brent Oil Fund, LP filed a current report to share its monthly account statement for the month ended August 31, 2025. The report states that the statement is presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required under the Commodity Exchange Act. The monthly account statement is provided as Exhibit 99.1 and is also available on the fund’s website. The information is being furnished under Regulation FD and is not treated as filed for liability purposes under the Securities Exchange Act.