EX-99.1 2 tm246181d7_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 January 31, 2024

 

Statement of Income (Loss)    
Income    
Realized Trading Gain (Loss) on Commodity Futures  $1,163,856 
Unrealized Gain (Loss) on Market Value of Commodity Futures   3,752,947 
Dividend Income   250,590 
Interest Income   484,586 
ETF Transaction Fees   1,400 
Total Income (Loss)  $5,653,379 
      
Expenses     
Management Fees  $111,514 
Professional Fees   34,070 
Brokerage Commissions   13,845 
Directors' Fees and insurance   8,848 
Total Expenses  $168,277 
Net Income (Loss)  $5,485,102 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/24  $169,026,568 
Withdrawals (200,000 Shares)   (11,347,885)
Net Income (Loss)   5,485,102 
      
Net Asset Value End of Month  $163,163,785 
Net Asset Value Per Share (2,800,000 Shares)  $58.27 

 

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 January 31, 2024 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 January 31, 2024

 

Statement of Income (Loss)    
Income    
Realized Trading Gain (Loss) on Commodity Futures  $44,563 
Unrealized Gain (Loss) on Market Value of Commodity Futures   528,700 
Dividend Income   147,974 
Interest Income   413,367 
ETF Transaction Fees   1,050 
Total Income (Loss)  $1,135,654 
      
Expenses     
Management Fees  $69,123 
Professional Fees   37,514 
Brokerage Commissions   499 
Directors' Fees and insurance   4,757 
Total Expenses  $111,893 
Net Income (Loss)  $1,023,761 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/24  $131,353,342 
Additions (200,000 Shares)   4,816,039 
Withdrawals (250,000 Shares)   (5,893,709)
Net Income (Loss)   1,023,761 
      
Net Asset Value End of Month  $131,299,433 
Net Asset Value Per Share (5,400,000 Shares)  $24.31 

 

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 January 31, 2024 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 January 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $1,208,419 
Unrealized Gain (Loss) on Market Value of Commodity Futures   4,281,647 
Dividend Income   398,564 
Interest Income   897,953 
ETF Transaction Fees   2,450 
Total Income (Loss)  $6,789,033 
      
Expenses     
Management Fees  $180,637 
Professional Fees   71,584 
Brokerage Commissions   14,344 
Non-interested Directors' Fees and Expenses   13,605 
Total Expenses  $280,170 
Net Income (Loss)  $6,508,863 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/24  $300,379,910 
Additions (200,000 Shares)   4,816,039 
Withdrawals (450,000 Shares)   (17,241,594)
Net Income (Loss)   6,508,863 
      
Net Asset Value End of Month  $294,463,218 

 

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 January 31, 2024 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