EX-99.1 2 tm2428595d7_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 October 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $5,364,478 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (4,781,795)
Dividend Income   286,238 
Interest Income   460,780 
ETF Transaction Fees   350 
Total Income (Loss)  $1,330,051 
      
Expenses     
Management Fees  $123,678 
Professional Fees   38,802 
Brokerage Commissions   13,273 
Directors' Fees and insurance   4,516 
Total Expenses  $180,269 
Net Income (Loss)  $1,149,782 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/24  $180,906,815 
Withdrawals ((50,000) Shares)   (3,138,828)
Net Income (Loss)   1,149,782 
      
Net Asset Value End of Month  $178,917,769 
Net Asset Value Per Share (2,850,000 Shares)  $62.78 

 

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 October 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 October 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $58,525 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (7,634,438)
Dividend Income   229,243 
Interest Income   498,105 
ETF Transaction Fees   1,750 
Total Income (Loss)  $(6,846,815)
      
Expenses     
Management Fees  $98,381 
Professional Fees   37,334 
Brokerage Commissions   789 
Directors' Fees and insurance   3,711 
Total Expenses  $140,215 
Net Income (Loss)  $(6,987,030)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/24  $177,328,958 
Additions (600,000 Shares)   16,504,288 
Withdrawals ((400,000) Shares)   (10,984,261)
Net Income (Loss)   (6,987,030)
      
Net Asset Value End of Month  $175,861,955 
Net Asset Value Per Share (6,450,000 Shares)  $27.27 

 

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 October 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 October 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $5,423,003 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (12,416,233)
Dividend Income   515,481 
Interest Income   958,885 
ETF Transaction Fees   2,100 
Total Income (Loss)  $(5,516,764)
      
Expenses     
Management Fees  $222,059 
Professional Fees   76,136 
Brokerage Commissions   14,062 
Directors' Fees and insurance   8,227 
Total Expenses  $320,484 
Net Income (Loss)  $(5,837,248)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/24  $358,235,773 
Additions (600,000 Shares)   16,504,288 
Withdrawals (450,000 Shares)   (14,123,089)
Net Income (Loss)   (5,837,248)
      
Net Asset Value End of Month  $354,779,724 

 

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 October 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