EX-99.1 2 tm2411856d7_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 March 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $5,751,264 
Unrealized Gain (Loss) on Market Value of Commodity Futures   3,267,168 
Dividend Income   260,640 
Interest Income   467,231 
ETF Transaction Fees   – 
Total Income (Loss)  $9,746,303 
      
Expenses     
Management Fees  $110,366 
Professional Fees   34,071 
Brokerage Commissions   14,517 
Directors' Fees and insurance   2,383 
Total Expenses  $161,337 
Net Income (Loss)  $9,584,966 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/24  $158,294,621 
Net Income (Loss)   9,584,966 
      
Net Asset Value End of Month  $167,879,587 
Net Asset Value Per Share (2,750,000 Shares)  $61.05 

 

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 March 31, 2024 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 March 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $29,637 
Unrealized Gain (Loss) on Market Value of Commodity Futures   5,499,629 
Dividend Income   164,595 
Interest Income   449,361 
ETF Transaction Fees   3,150 
Total Income (Loss)  $6,146,372 
      
Expenses     
Management Fees  $75,815 
Professional Fees   37,514 
Brokerage Commissions   1,118 
Directors' Fees and insurance   3,002 
Total Expenses  $117,449 
Net Income (Loss)  $6,028,923 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/24  $125,578,769 
Additions (1,050,000 Shares)   26,234,532 
Withdrawals ((50,000) Shares)   (1,200,743)
Net Income (Loss)   6,028,923 
      
Net Asset Value End of Month  $156,641,481 
Net Asset Value Per Share (6,250,000 Shares)  $25.06 

 

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 March 31, 2024 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 March 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $5,780,901 
Unrealized Gain (Loss) on Market Value of Commodity Futures   8,766,797 
Dividend Income   425,235 
Interest Income   916,592 
ETF Transaction Fees   3,150 
Total Income (Loss)  $15,892,675 
      
Expenses     
Management Fees  $186,181 
Professional Fees   71,585 
Brokerage Commissions   15,635 
Directors' Fees and insurance   5,385 
Total Expenses  $278,786 
Net Income (Loss)  $15,613,889 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/24  $283,873,390 
Additions (1,050,000 Shares)   26,234,532 
Withdrawals (50,000 Shares)   (1,200,743)
Net Income (Loss)   15,613,889 
      
Net Asset Value End of Month  $324,521,068 

 

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 March 31, 2024 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