EX-99.1 2 tm2221181d7_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, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(1,394,996)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (29,920,981)
Dividend Income   265,223 
Interest Income   38,092 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(31,011,262)
      
Expenses     
Management Fees  $249,638 
Professional Fees   92,044 
Brokerage Commissions   15,201 
Directors' Fees and insurance   6,316 
Total Expenses  $363,199 
Net Income (Loss)  $(31,374,461)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/22  $370,391,894 
Additions (250,000 Shares)   15,416,242 
Withdrawals (200,000 Shares)   (11,246,286)
Net Income (Loss)   (31,374,461)
      
Net Asset Value End of Month  $343,187,389 
Net Asset Value Per Share (6,250,000 Shares)  $54.91 

 

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, 2022 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, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(15,653,438)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (13,090,788)
Dividend Income   129,285 
Interest Income   30,699 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(28,582,842)
      
Expenses     
Management Fees  $108,403 
Professional Fees   81,725 
Brokerage Commissions   7,148 
Directors' Fees and insurance   7,070 
Total Expenses  $204,346 
Net Income (Loss)  $(28,787,188)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/22  $218,515,341 
Withdrawals (1,200,000 Shares)   (28,278,157)
Net Income (Loss)   (28,787,188)
      
Net Asset Value End of Month  $161,449,996 
Net Asset Value Per Share (7,200,000 Shares)  $22.42 

 

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, 2022 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, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(17,048,434)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (43,011,769)
Dividend Income   394,508 
Interest Income   68,791 
ETF Transaction Fees   2,800 
Total Income (Loss)  $(59,594,104)
      
Expenses     
Management Fees  $358,041 
Professional Fees   173,769 
Brokerage Commissions   22,349 
Directors' Fees and insurance   13,386 
Total Expenses  $567,545 
Net Income (Loss)  $(60,161,649)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/22  $588,907,235 
Additions (250,000 Shares)   15,416,242 
Withdrawals (1,400,000 Shares)   (39,524,443)
Net Income (Loss)   (60,161,649)
      
Net Asset Value End of Month  $504,637,385 

 

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, 2022 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