EX-99.1 2 tm2330722d7_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, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(1,914,443)
Unrealized Gain (Loss) on Market Value of Commodity Futures   1,073,689 
Dividend Income   299,025 
Interest Income   557,648 
ETF Transaction Fees   350 
Total Income (Loss)  $16,269 
      
Expenses     
Management Fees  $129,812 
Professional Fees   34,071 
Brokerage Commissions   12,590 
Directors' Fees and insurance   8,879 
Total Expenses  $185,352 
Net Income (Loss)  $(169,083)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/23  $195,097,772 
Withdrawals (50,000 Shares)   (2,848,988)
Net Income (Loss)   (169,083)
      
Net Asset Value End of Month  $192,079,701 
Net Asset Value Per Share (3,250,000 Shares)  $59.10 

 

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, 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 October 31, 2023

 

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(614,350)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (2,387,612)
Dividend Income   113,847 
Interest Income   458,990 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(2,428,075)
      
Expenses     
Management Fees  $70,821 
Professional Fees   37,514 
Brokerage Commissions   361 
Directors' Fees and insurance   4,757 
Total Expenses  $113,453 
Net Income (Loss)  $(2,541,528)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/23  $136,343,785 
Additions (100,000 Shares)   2,251,303 
Withdrawals (400,000 Shares)   (8,924,773)
Net Income (Loss)   (2,541,528)
      
Net Asset Value End of Month  $127,128,787 
Net Asset Value Per Share (5,600,000 Shares)  $22.70 

 

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, 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 October 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(2,528,793)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,313,923)
Dividend Income   412,872 
Interest Income   1,016,638 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(2,411,806)
      
Expenses     
Management Fees  $200,633 
Professional Fees   71,585 
Brokerage Commissions   12,951 
Directors' Fees and insurance   13,636 
Total Expenses  $298,805 
Net Income (Loss)  $(2,710,611)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/23  $331,441,557 
Additions (100,000 Shares)   2,251,303 
Withdrawals (450,000 Shares)   (11,773,761)
Net Income (Loss)   (2,710,611)
      
Net Asset Value End of Month  $319,208,488 

 

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, 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