United States Brent Oil Fund issues limited partnership interests traded on the NYSE Arca, Inc. Co.'s net assets consist of investments in futures contracts for crude oil, diesel-heating oil, gasoline, natural gas and other petroleum-based fuels that are traded on the ICE Futures, the New York Mercantile Exchange, or other U.S. and foreign exchanges (together, Futures Contracts), other crude oil-related investments such as cash-settled options on Futures Contracts, forward contracts for oil, cleared swap contracts and non-exchange traded over-the-counter transactions that are based on the price of crude oil, other petroleum-based fuels, Futures Contracts and indices based on the foregoing. The BNO stock yearly return is shown above.
The yearly return on the BNO stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the BNO annual return calculation with any dividends reinvested as applicable (on ex-dates).
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