EX-99.1 2 tm2315506d7_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 April 30, 2023

 

Statement of Income (Loss)        
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(258,911)
Unrealized Gain (Loss) on Market Value of Commodity Futures   774,080 
Dividend Income   472,669 
Interest Income   321,704 
ETF Transaction Fees   700 
Total Income (Loss)  $1,310,242 
      
Expenses     
Management Fees  $132,272 
Professional Fees   27,721 
Brokerage Commissions   5,435 
Directors' Fees and insurance   5,796 
Total Expenses  $171,224 
Net Income (Loss)  $1,139,018 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/23  $203,541,233 
Withdrawals (150,000 Shares)   (8,280,587)
Net Income (Loss)   1,139,018 
      
Net Asset Value End of Month  $196,399,664 
Net Asset Value Per Share (3,600,000 Shares)  $54.56 

 

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 April 30, 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 April 30, 2023

 

Statement of Income (Loss)        
Income     
Realized Trading Gain (Loss) on Commodity Futures  $1,968,688 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (9,797,087)
Dividend Income   376,200 
Interest Income   206,992 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(7,244,157)
      
Expenses     
Management Fees  $80,647 
Professional Fees   36,154 
Brokerage Commissions   2,886 
Directors' Fees and insurance   7,070 
Total Expenses  $126,757 
Net Income (Loss)  $(7,370,914)

 

Statement of Changes in Net Asset Value        
Net Asset Value Beginning of Month 4/1/23  $153,971,626 
Additions (50,000 Shares)   1,237,520 
Withdrawals (350,000 Shares)   (8,399,751)
Net Income (Loss)   (7,370,914)
      
Net Asset Value End of Month  $139,438,481 
Net Asset Value Per Share (5,850,000 Shares)  $23.84 

 

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 April 30, 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 April 30, 2023

 

Statement of Income (Loss)        
Income     
Realized Trading Gain (Loss) on Commodity Futures  $1,709,777 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (9,023,007)
Dividend Income   848,869 
Interest Income   528,696 
ETF Transaction Fees   1,750 
Total Income (Loss)  $(5,933,915)
      
Expenses     
Management Fees  $212,919 
Professional Fees   63,875 
Brokerage Commissions   8,321 
Directors' Fees and insurance   12,866 
Total Expenses  $297,981 
Net Income (Loss)  $(6,231,896)

 

Statement of Changes in Net Asset Value        
Net Asset Value Beginning of Month 4/1/23  $357,512,859 
Additions (50,000 Shares)   1,237,520 
Withdrawals (500,000 Shares)   (16,680,338)
Net Income (Loss)   (6,231,896)
      
Net Asset Value End of Month  $335,838,145 

 

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 April 30, 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