EX-99.1 2 tm2321447d7_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 June 30, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $300,413 
Unrealized Gain (Loss) on Market Value of Commodity Futures   4,505,805 
Dividend Income   383,787 
Interest Income   334,316 
ETF Transaction Fees   1,050 
Total Income (Loss)  $5,525,371 
      
Expenses     
Management Fees  $113,634 
Professional Fees   27,721 
Brokerage Commissions   9,388 
Directors' Fees and insurance   5,621 
Total Expenses  $156,364 
Net Income (Loss)  $5,369,007 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/23  $171,724,805 
Withdrawals (200,000 Shares)   (10,795,230)
Net Income (Loss)   5,369,007 
      
Net Asset Value End of Month  $166,298,582 
Net Asset Value Per Share (3,100,000 Shares)  $53.64 

 

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 June 30, 2023 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 June 30, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(2,838,575)
Unrealized Gain (Loss) on Market Value of Commodity Futures   6,589,000 
Dividend Income   300,285 
Interest Income   243,367 
ETF Transaction Fees   700 
Total Income (Loss)  $4,294,777 
      
Expenses     
Management Fees  $70,596 
Professional Fees   34,254 
Brokerage Commissions   2,633 
Directors' Fees and insurance   7,070 
Total Expenses  $114,553 
Net Income (Loss)  $4,180,224 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/23  $127,831,965 
Additions (50,000 Shares)   1,138,881 
Withdrawals (100,000 Shares)   (2,313,636)
Net Income (Loss)   4,180,224 
      
Net Asset Value End of Month  $130,837,434 
Net Asset Value Per Share (5,650,000 Shares)  $23.16 

 

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 June 30, 2023 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 June 30, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(2,538,162)
Unrealized Gain (Loss) on Market Value of Commodity Futures   11,094,805 
Dividend Income   684,072 
Interest Income   577,683 
ETF Transaction Fees   1,750 
Total Income (Loss)  $9,820,148 
      
Expenses     
Management Fees  $184,230 
Professional Fees   61,975 
Brokerage Commissions   12,021 
Directors' Fees and insurance   12,691 
Total Expenses  $270,917 
Net Income (Loss)  $9,549,231 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/23  $299,556,770 
Additions (50,000 Shares)   1,138,881 
Withdrawals (300,000 Shares)   (13,108,866)
Net Income (Loss)   9,549,231 
      
Net Asset Value End of Month  $297,136,016 

 

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 June 30, 2023 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