EX-99.1 2 tm233698d7_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 December 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $6,046,432 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (3,134,928)
Dividend Income   829,867 
Interest Income   63,678 
ETF Transaction Fees   1,050 
Total Income (Loss)  $3,806,099 
      
Expenses     
Management Fees  $178,702 
Professional Fees   51,150 
Brokerage Commissions   12,762 
Directors' Fees and insurance   6,394 
Other fees   1,382 
Total Expenses  $250,390 
Net Income (Loss)  $3,555,709 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/22  $271,237,803 
Additions (200,000 Shares)   11,078,102 
Withdrawals (550,000 Shares)   (30,034,100)
Net Income (Loss)   3,555,709 
      
Net Asset Value End of Month  $255,837,514 
Net Asset Value Per Share (4,550,000 Shares)  $56.23 

 

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 December 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 December 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(268,801)
Unrealized Gain (Loss) on Market Value of Commodity Futures   3,519,312 
Dividend Income   548,274 
Interest Income   37,530 
ETF Transaction Fees   1,400 
Total Income (Loss)  $3,837,715 
      
Expenses     
Management Fees  $94,784 
Professional Fees   19,930 
Brokerage Commissions   3,364 
Directors' Fees and insurance   7,306 
Other fees   1,382 
Total Expenses  $126,766 
Net Income (Loss)  $3,710,949 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/22  $169,263,890 
Additions (150,000 Shares)   3,515,808 
Withdrawals (300,000 Shares)   (6,954,272)
Net Income (Loss)   3,710,949 
      
Net Asset Value End of Month  $169,536,375 
Net Asset Value Per Share (7,350,000 Shares)  $23.07 

 

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 December 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 December 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $5,777,631 
Unrealized Gain (Loss) on Market Value of Commodity Futures   384,384 
Dividend Income   1,378,141 
Interest Income   101,208 
ETF Transaction Fees   2,450 
Total Income (Loss)  $7,643,814 
      
Expenses     
Management Fees  $273,486 
Professional Fees   71,080 
Brokerage Commissions   16,126 
Directors' Fees and insurance   13,700 
Other fees   2,764 
Total Expenses  $377,156 
Net Income (Loss)  $7,266,658 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/22  $440,501,693 
Additions (350,000 Shares)   14,593,910 
Withdrawals (850,000 Shares)   (36,988,372)
Net Income (Loss)   7,266,658 
      
Net Asset Value End of Month  $425,373,889 

 

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 December 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