EX-99.1 2 tm243433d14_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, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $2,885,046 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (2,816,221)
Dividend Income   297,028 
Interest Income   484,966 
Total Income (Loss)  $850,819 
      
Expenses     
Management Fees  $120,321 
Professional Fees   32,972 
Brokerage Commissions   5,151 
Directors' Fees and insurance   4,493 
Total Expenses  $162,937 
Net Income (Loss)  $687,882 
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/24  $183,202,257 
Net Income (Loss)   687,882 
      
Net Asset Value End of Month  $183,890,139 
Net Asset Value Per Share (2,950,000 Shares)  $62.34 

 

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, 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 June 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(9,522,488)
Unrealized Gain (Loss) on Market Value of Commodity Futures   623,575 
Dividend Income   228,692 
Interest Income   741,183 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(7,927,988)
      
Expenses     
Management Fees  $119,974 
Professional Fees   76,054 
Brokerage Commissions   11,381 
Directors' Fees and insurance   4,146 
Total Expenses  $211,555 
Net Income (Loss)  $(8,139,543)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/24  $229,188,290 
Additions (100,000 Shares)   2,790,898 
Withdrawals ((250,000) Shares)   (6,851,484)
Net Income (Loss)   (8,139,543)
      
Net Asset Value End of Month  $216,988,161 
Net Asset Value Per Share (7,950,000 Shares)  $27.29 

 

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, 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 June 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(6,637,442)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (2,192,646)
Dividend Income   525,720 
Interest Income   1,226,149 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(7,077,169)
      
Expenses     
Management Fees  $240,295 
Professional Fees   109,026 
Brokerage Commissions   16,532 
Directors' Fees and insurance   8,639 
Total Expenses  $374,492 
Net Income (Loss)  $(7,451,661)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/24  $412,390,547 
Additions (100,000 Shares)   2,790,898 
Withdrawals (250,000 Shares)   (6,851,484)
Net Income (Loss)   (7,451,661)
      
Net Asset Value End of Month  $400,878,300 

 

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, 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