EX-99.1 2 tm2223328d7_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 July 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(12,077,397)
Unrealized Gain (Loss) on Market Value of Commodity Futures   10,192,833 
Dividend Income   300,065 
Interest Income   82,331 
ETF Transaction Fees   2,450 
Total Income (Loss)  $(1,499,718)
      
Expenses     
Management Fees  $208,975 
Professional Fees   103,150 
Brokerage Commissions   21,097 
Directors' Fees and insurance   6,482 
Total Expenses  $339,704 
Net Income (Loss)  $(1,839,422)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 7/1/22  $343,187,389 
Withdrawals (700,000 Shares)   (36,453,759)
Net Income (Loss)   (1,839,422)
      
Net Asset Value End of Month  $304,894,208 
Net Asset Value Per Share (5,550,000 Shares)  $54.94 

 

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 July 31, 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 July 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(5,021,750)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,053,561)
Dividend Income   135,512 
Interest Income   34,909 
ETF Transaction Fees   3,150 
Total Income (Loss)  $(5,901,740)
      
Expenses     
Management Fees  $79,736 
Professional Fees   90,325 
Brokerage Commissions   1,220 
Directors' Fees and insurance   7,306 
Total Expenses  $178,587 
Net Income (Loss)  $(6,080,327)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 7/1/22  $161,449,996 
Additions (500,000 Shares)   10,080,365 
Withdrawals (950,000 Shares)   (19,785,694)
Net Income (Loss)   (6,080,327)
      
Net Asset Value End of Month  $145,664,340 
Net Asset Value Per Share (6,750,000 Shares)  $21.58 

 

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 July 31, 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 July 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(17,099,147)
Unrealized Gain (Loss) on Market Value of Commodity Futures   9,139,272 
Dividend Income   435,577 
Interest Income   117,240 
ETF Transaction Fees   5,600 
Total Income (Loss)  $(7,401,458)
      
Expenses     
Management Fees  $288,711 
Professional Fees   193,475 
Brokerage Commissions   22,317 
Directors' Fees and insurance   13,788 
Total Expenses  $518,291 
Net Income (Loss)  $(7,919,749)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 7/1/22  $504,637,385 
Additions (500,000 Shares)   10,080,365 
Withdrawals (1,650,000 Shares)   (56,239,453)
Net Income (Loss)   (7,919,749)
      
Net Asset Value End of Month  $450,558,548 

 

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 July 31, 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