0001104659-21-143811.txt : 20211126 0001104659-21-143811.hdr.sgml : 20211126 20211126091407 ACCESSION NUMBER: 0001104659-21-143811 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20211126 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20211126 DATE AS OF CHANGE: 20211126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: United States Commodity Index Funds Trust CENTRAL INDEX KEY: 0001479247 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34833 FILM NUMBER: 211449238 BUSINESS ADDRESS: STREET 1: 1850 MT. DIABLO BLVD. STREET 2: SUITE 640 CITY: WALNUT CREEK STATE: CA ZIP: 94596 BUSINESS PHONE: 510-522-9600 MAIL ADDRESS: STREET 1: 1850 MT. DIABLO BLVD. STREET 2: SUITE 640 CITY: WALNUT CREEK STATE: CA ZIP: 94596 8-K 1 tm2132696d7_8k.htm FORM 8-K
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UNITED STATES

SECURITIES AND EXCHANGE COMMISION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): November 26, 2021

 

UNITED STATES COMMODITY INDEX FUNDS TRUST 

(Exact name of registrant as specified in its charter)

 

Delaware 001-34833 27-1537655
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation)   Identification No.)

 

1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, California 94596  
(510) 522-9600 (Address of principal executive offices) (Zip Code)  
Registrant's telephone number,    
including area code    

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered:
Shares of United States Commodity Index Fund   USCI   NYSE Arca, Inc.
Shares of United States Copper Index Fund   CPER   NYSE Arca, Inc.

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On November 26, 2021, United States Commodity Index Funds Trust (the “Registrant”), and United States Commodity Index Fund (“USCI”) and United States Copper Index Fund (“CPER”), each a series of the Registrant, issued their monthly account statements for the month ended October 31, 2021, which are presented in the form of Statements of Income (Loss) and Statements of Changes in Net Asset Value, as required pursuant to Rule 4.22 under the Commodity Exchange Act. A copy of the monthly account statements is furnished as Exhibit 99.1 to this Current Report on Form 8-K and also can be found on USCI’s and CPER’s website at www.uscfinvestments.com. The information furnished in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit 99.1

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  UNITED STATES COMMODITY INDEX FUNDS TRUST
   
  By: United States Commodity Funds LLC, its sponsor
     
Date:     November 26, 2021 By: /s/ Stuart P. Crumbaugh
  Name: Stuart P. Crumbaugh
  Title: Chief Financial Officer
       

 

 

EX-99.1 2 tm2132696d7_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States Commodity Index Funds Trust

United States Commodity Index Fund

Monthly Account Statement

For the Month Ended October 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $15,782,498 
Unrealized Gain (Loss) on Market Value of Commodity Futures   78,628 
Dividend Income   5,092 
Interest Income   10 
ETF Transaction Fees   1,050 
Total Income (Loss)  $15,867,278 
      
Expenses     
Management Fees  $171,552 
Professional Fees   15,144 
Brokerage Commissions   17,220 
Directors' Fees and insurance   4,295 
SEC & FINRA Registration Expense   3,363 
Total Expenses  $211,574 
Net Income (Loss)  $15,655,704 

  

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $235,500,454 
Additions (250,000 Shares)   10,664,264 
Withdrawals (200,000 Shares)   (8,853,370)
Net Income (Loss)   15,655,704 
      
Net Asset Value End of Month  $252,967,052 
Net Asset Value Per Share (5,800,000 Shares)  $43.62 

 

To the Shareholders of United States Commodity Index Fund:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended October 31, 2021 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  
Stuart P. Crumbaugh  
Chief Financial Officer  

United States Commodity Funds LLC, Sponsor of United States Commodity Index Fund

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596

 

 

 

 

United States Commodity Index Funds Trust

United States Copper Index Fund

Monthly Account Statement

For the Month Ended October 31, 2021

  

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $895,500 
Unrealized Gain (Loss) on Market Value of Commodity Futures   15,500,787 
Dividend Income   5,137 
Interest Income   6 
ETF Transaction Fees   2,800 
Total Income (Loss)  $16,404,230 
      
Expenses     
Management Fees  $140,300 
Professional Fees   21,805 
Brokerage Commissions   1,385 
Directors' Fees and insurance   5,178 
SEC & FINRA Registration Expense   12,046 
Total Expenses  $180,714 
Net Income (Loss)  $16,223,516 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $237,771,844 
Additions (1,700,000 Shares)   46,007,364 
Withdrawals (500,000 Shares)   (14,104,235)
Net Income (Loss)   16,223,516 
      
Net Asset Value End of Month  $285,898,489 
Net Asset Value Per Share (10,700,000 Shares)  $26.72 

 

To the Shareholders of United States Copper Index Fund:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended October 31, 2021 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  
Stuart P. Crumbaugh  
Chief Financial Officer  

United States Commodity Funds LLC, Sponsor of United States Copper Index Fund

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596

 

 

 

 

United States Commodity Index Funds Trust

Monthly Account Statement

For the Month Ended October 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $16,677,998 
Unrealized Gain (Loss) on Market Value of Commodity Futures   15,579,415 
Dividend Income   10,229 
Interest Income   16 
ETF Transaction Fees   3,850 
Total Income (Loss)  $32,271,508 
      
Expenses     
Management Fees  $311,852 
Professional Fees   36,949 
Brokerage Commissions   18,605 
Directors' Fees and insurance   9,473 
SEC & FINRA Registration Expense   15,409 
Total Expenses  $392,288 
Net Income (Loss)  $31,879,220 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $473,272,298 
Additions (1,950,000 Shares)   56,671,628 
Withdrawals (700,000 Shares)   (22,957,605)
Net Income (Loss)   31,879,220 
      
Net Asset Value End of Month  $538,865,541 

 

To the Shareholders of the Series of the United States Commodity Index Funds Trust:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended October 31, 2021 is accurate and complete.

 

/s/ Stuart P. Crumbaugh   
Stuart P. Crumbaugh  
Chief Financial Officer  

United States Commodity Funds LLC, Sponsor of United States Commodity Index Funds Trust

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596

 

 

 

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