EX-99.1 2 tm2312904d7_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 March 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(7,986,666)
Unrealized Gain (Loss) on Market Value of Commodity Futures   7,488,963 
Dividend Income   525,188 
Interest Income   305,715 
ETF Transaction Fees   1,400 
Total Income (Loss)  $334,600 
      
Expenses     
Management Fees  $142,120 
Professional Fees   28,645 
Brokerage Commissions   20,805 
Directors' Fees and insurance   6,086 
Total Expenses  $197,656 
Net Income (Loss)  $136,944 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/23  $216,584,141 
Withdrawals (250,000 Shares)   (13,179,852)
Net Income (Loss)   136,944 
      
Net Asset Value End of Month  $203,541,233 
Net Asset Value Per Share (3,750,000 Shares)  $54.28 

 

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 March 31, 2023 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 March 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $103,912 
Unrealized Gain (Loss) on Market Value of Commodity Futures   201,475 
Dividend Income   403,260 
Interest Income   200,344 
ETF Transaction Fees   1,400 
Total Income (Loss)  $910,391 
      
Expenses     
Management Fees  $84,701 
Professional Fees   40,840 
Brokerage Commissions   293 
Directors' Fees and insurance   7,305 
Total Expenses  $133,139 
Net Income (Loss)  $777,252 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/23  $156,851,988 
Additions (150,000 Shares)   3,656,846 
Withdrawals (300,000 Shares)   (7,314,460)
Net Income (Loss)   777,252 
      
Net Asset Value End of Month  $153,971,626 
Net Asset Value Per Share (6,150,000 Shares)  $25.04 

 

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 March 31, 2023 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 March 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(7,882,754)
Unrealized Gain (Loss) on Market Value of Commodity Futures   7,690,438 
Dividend Income   928,448 
Interest Income   506,059 
ETF Transaction Fees   2,800 
Total Income (Loss)  $1,244,991 
      
Expenses     
Management Fees  $226,821 
Professional Fees   69,485 
Brokerage Commissions   21,098 
Directors' Fees and insurance   13,391 
Total Expenses  $330,795 
Net Income (Loss)  $914,196 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/23  $373,436,129 
Additions (150,000 Shares)   3,656,846 
Withdrawals (550,000 Shares)   (20,494,312)
Net Income (Loss)   914,196 
      
Net Asset Value End of Month  $357,512,859 

 

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 March 31, 2023 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