EX-99.1 2 tv525712_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, 2019

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(8,898,306)
Unrealized Gain (Loss) on Market Value of Futures   14,055,851 
Dividend Income   22,484 
Interest Income   679,358 
ETF Transaction Fees   2,450 
Total Income (Loss)  $5,861,837 
      
Expenses     
Management Fees  $236,251 
Professional Fees   54,750 
Brokerage Commissions   29,569 
Non-interested Directors' Fees and Expenses   4,188 
Prepaid Insurance Expense   6,733 
Total Expenses  $331,491 
Net Income (Loss)  $5,530,346 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 6/1/19  $364,200,599 
Withdrawals (550,000 Shares)   (20,297,503)
Net Income (Loss)   5,530,346 
      
Net Asset Value End of Month  $349,433,442 
Net Asset Value Per Share (9,450,000 Shares)  $36.98 

 

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, 2019 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, 2019

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(1,167,188)
Realized Trading Gain (Loss) on Short-Term Investments   11 
Unrealized Gain (Loss) on Market Value of Futures   1,462,438 
Dividend Income   427 
Interest Income   20,945 
ETF Transaction Fees   350 
Total Income (Loss)  $316,983 
      
Expenses     
Management Fees  $5,888 
Professional Fees   8,055 
Brokerage Commissions   968 
Non-interested Directors' Fees and Expenses   128 
Prepaid Insurance Expense   85 
Total Expenses   15,124 
Expense Waiver   (7,877)
Net Expenses  $7,247 
Net Income (Loss)  $309,736 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 6/1/19  $11,551,715 
Withdrawals (50,000 Shares)   (820,266)
Net Income (Loss)   309,736 
      
Net Asset Value End of Month  $11,041,185 
Net Asset Value Per Share (650,000 Shares)  $16.99 

 

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, 2019 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, 2019

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(10,065,494)
Realized Trading Gain (Loss) on Short-Term Investments   11 
Unrealized Gain (Loss) on Market Value of Futures   15,518,289 
Dividend Income   22,911 
Interest Income   700,303 
ETF Transaction Fees   2,800 
Total Income (Loss)  $6,178,820 
      
Expenses     
Management Fees  $242,139 
Professional Fees   62,805 
Brokerage Commissions   30,537 
Non-interested Directors' Fees and Expenses   4,316 
Prepaid Insurance Expense   6,818 
Total Expenses   346,615 
Expense Waiver   (7,877)
Net Expenses  $338,738 
Net Income (Loss)  $5,840,082 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 6/1/19  $375,752,314 
Withdrawals (600,000 Shares)   (21,117,769)
Net Income (Loss)   5,840,082 
      
Net Asset Value End of Month  $360,474,627 

 

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, 2019 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