EX-99.1 2 tm2323305d7_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 July 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $8,233,375 
Unrealized Gain (Loss) on Market Value of Commodity Futures   6,674,366 
Dividend Income   433,606 
Interest Income   318,748 
ETF Transaction Fees   350 
Total Income (Loss)  $15,660,445 
      
Expenses     
Management Fees  $117,856 
Professional Fees   28,646 
Brokerage Commissions   17,188 
Directors' Fees and insurance   5,851 
Total Expenses  $169,541 
Net Income (Loss)  $15,490,904 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 7/1/23  $166,298,582 
Withdrawals (50,000 Shares)   (2,935,155)
Net Income (Loss)   15,490,904 
      
Net Asset Value End of Month  $178,854,331 
Net Asset Value Per Share (3,050,000 Shares)  $58.64 

 

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 July 31, 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 July 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(78,088)
Unrealized Gain (Loss) on Market Value of Commodity Futures   8,927,363 
Dividend Income   314,753 
Interest Income   269,389 
ETF Transaction Fees   1,050 
Total Income (Loss)  $9,434,467 
      
Expenses     
Management Fees  $74,760 
Professional Fees   38,290 
Brokerage Commissions   283 
Directors' Fees and insurance   7,306 
Total Expenses  $120,639 
Net Income (Loss)  $9,313,828 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 7/1/23  $130,837,434 
Additions (250,000 Shares)   5,960,883 
Withdrawals (50,000 Shares)   (1,161,467)
Net Income (Loss)   9,313,828 
      
Net Asset Value End of Month  $144,950,678 
Net Asset Value Per Share (5,850,000 Shares)  $24.78 

 

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 July 31, 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 July 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $8,155,287 
Unrealized Gain (Loss) on Market Value of Commodity Futures   15,601,729 
Dividend Income   748,359 
Interest Income   588,137 
ETF Transaction Fees   1,400 
Total Income (Loss)  $25,094,912 
      
Expenses     
Management Fees  $192,616 
Professional Fees   66,936 
Brokerage Commissions   17,471 
Directors' Fees and insurance   13,157 
Total Expenses  $290,180 
Net Income (Loss)  $24,804,732 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 7/1/23  $297,136,016 
Additions (250,000 Shares)   5,960,883 
Withdrawals (100,000 Shares)   (4,096,622)
Net Income (Loss)   24,804,732 
      
Net Asset Value End of Month  $323,805,009 

 

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 July 31, 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