EX-99.1 2 tm2431087d7_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 November 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $842,057 
Unrealized Gain (Loss) on Market Value of Commodity Futures   4,694,122 
Dividend Income   269,491 
Interest Income   426,619 
ETF Transaction Fees   350 
Total Income (Loss)  $6,232,639 
      
Expenses     
Management Fees  $120,656 
Professional Fees   37,371 
Brokerage Commissions   11,474 
Directors' Fees and insurance   4,499 
Total Expenses  $174,000 
Net Income (Loss)  $6,058,639 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/24  $178,917,769 
Additions (50,000 Shares)   3,216,589 
Net Income (Loss)   6,058,639 
      
Net Asset Value End of Month  $188,192,997 
Net Asset Value Per Share (2,900,000 Shares)  $64.89 

 

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 November 30, 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 November 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(5,312,238)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (4,702,587)
Dividend Income   215,879 
Interest Income   408,884 
ETF Transaction Fees   2,100 
Total Income (Loss)  $(9,387,962)
      
Expenses     
Management Fees  $88,477 
Professional Fees   35,603 
Brokerage Commissions   3,325 
Directors' Fees and insurance   3,581 
Total Expenses  $130,986 
Net Income (Loss)  $(9,518,948)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/24  $175,861,955 
Additions (150,000 Shares)   4,062,072 
Withdrawals ((550,000) Shares)   (14,214,318)
Net Income (Loss)   (9,518,948)
      
Net Asset Value End of Month  $156,190,761 
Net Asset Value Per Share (6,050,000 Shares)  $25.82 

 

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 November 30, 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 November 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(4,470,181)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (8,465)
Dividend Income   485,370 
Interest Income   835,503 
ETF Transaction Fees   2,450 
Total Income (Loss)  $(3,155,323)
      
Expenses     
Management Fees  $209,133 
Professional Fees   72,974 
Brokerage Commissions   14,799 
Directors' Fees and insurance   8,080 
Total Expenses  $304,986 
Net Income (Loss)  $(3,460,309)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/24  $354,779,724 
Additions (200,000 Shares)   7,278,661 
Withdrawals (550,000 Shares)   (14,214,318)
Net Income (Loss)   (3,460,309)
      
Net Asset Value End of Month  $344,383,758 

 

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 November 30, 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