EX-99.1 2 tm2424136d7_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 August 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(5,683,372)
Unrealized Gain (Loss) on Market Value of Commodity Futures   4,475,990 
Dividend Income   266,248 
Interest Income   511,023 
Total Income (Loss)  $(430,111)
      
Expenses     
Management Fees  $118,423 
Professional Fees   42,274 
Brokerage Commissions   11,734 
Directors' Fees and insurance   4,547 
Total Expenses  $176,978 
Net Income (Loss)  $(607,089)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/24  $177,379,855 
Net Income (Loss)   (607,089)
      
Net Asset Value End of Month  $176,772,766 
Net Asset Value Per Share (2,900,000 Shares)  $60.96 

  

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 August 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 August 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(4,861,762)
Unrealized Gain (Loss) on Market Value of Commodity Futures   4,796,600 
Dividend Income   212,455 
Interest Income   534,318 
ETF Transaction Fees   2,100 
Total Income (Loss)  $683,711 
      
Expenses     
Management Fees  $92,663 
Professional Fees   87,559 
Brokerage Commissions   3,379 
Directors' Fees and insurance   3,713 
Total Expenses  $187,314 
Net Income (Loss)  $496,397 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/24  $175,308,186 
Additions (50,000 Shares)   1,341,630 
Withdrawals ((500,000) Shares)   (12,856,574)
Net Income (Loss)   496,397 
      
Net Asset Value End of Month  $164,289,639 
Net Asset Value Per Share (6,250,000 Shares)  $26.29 

 

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 August 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 August 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(10,545,134)
Unrealized Gain (Loss) on Market Value of Commodity Futures   9,272,590 
Dividend Income   478,703 
Interest Income   1,045,341 
ETF Transaction Fees   2,100 
Total Income (Loss)  $253,600 
      
Expenses     
Management Fees  $211,086 
Professional Fees   129,833 
Brokerage Commissions   15,113 
Directors' Fees and insurance   8,260 
Total Expenses  $364,292 
Net Income (Loss)  $(110,692)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/24  $352,688,041 
Additions (50,000 Shares)   1,341,630 
Withdrawals (500,000 Shares)   (12,856,574)
Net Income (Loss)   (110,692)
      
Net Asset Value End of Month  $341,062,405 

 

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 August 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