BNO

Fund Description
The investment objective of BNO is for the daily changes in percentage terms of its units net asset value to reflect the daily changes in percentage terms of the spot price of Brent crude oil as measured by the changes in the price of the futures contract on Brent crude oil as traded on the ICE Futures Exchange that is the near month contract to expire except when the near month contract is within two weeks of expiration in which case the futures contract will be the next month contract to expire (the Benchmark Futures Contract) less BNO s expenses.
Fund Profile
Fund Name United States Brent Oil Fund LP
Fund Exchange Ticker BNO
Fund Sponsor United States Commodity Funds
Fund ISIN US91167Q1004
Net Expense Ratio 1.13 %
Fund Inception Date 2 June 2010
Fund Legal Structure Limited Partnership
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Energy
Asset Class Commodities & Metals
Index Linked Passive
Index Name Crude Oil - ICE traded near month Brent crude oil futures
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Energy
Key Statistics
Return As of Date 11 August 2022
Asset Under Management 230.51 Million (USD)
1 Month Total Return 4.51 %
Year To Date Return 48.59 %
1 Year Total Return 71.85 %
3 Year Annualized Total Return 21.44 %
NAV 31.15
Share Outstanding 7,400,000
Top 10 Holdings (12 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
BRENT CRUDE FUTR Oct22 FUTR 0.4926351423
US DOLLARS CASH 0.3178527271
DREY INST PREF GOV MM INST 6546 DSVXX MMKT 0.1393621580
MORGAN STANLEY LIQ GOVT INST 8302 MMKT 0.0479362442
BNY CASH RESERVE CASH 0.0022137284