8-K: Commodity Funds Post Strong August Gains
Monthly Account Statement
United States Commodity Index Funds Trust reports robust monthly account statements for USCI and CPER, highlighting substantial trading gains and overall net income for August 2026.
Summary
- The United States Commodity Index Funds Trust (Registrant) has issued its monthly account statements for the United States Commodity Index Fund (USCI) and the United States Copper Index Fund (CPER) for the month ended August 31, 2026.
- USCI reported a total income of $19,433,097 and net income of $19,118,205, with its Net Asset Value increasing to $393,754,849.
- CPER generated a total income of $16,379,307 and a net income of $15,808,665, with its Net Asset Value growing to $750,295,665.
- The consolidated statement for the Trust shows a total income of $35,812,404 and a net income of $34,926,870, with the total Net Asset Value reaching $1,144,050,514.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a positive filing, indicating strong performance for both the United States Commodity Index Fund (USCI) and the United States Copper Index Fund (CPER) in August 2026, with significant net income and growth in net asset value.
Positives
- USCI realized significant trading gains on commodity futures ($15,495,158) and dividend income ($608,908).
- USCI experienced a substantial increase in Net Asset Value, from $369,384,403 to $393,754,849.
- CPER achieved strong realized trading gains on commodity futures ($19,651,159).
- CPER saw substantial additions of shares and a significant increase in Net Asset Value, from $732,117,662 to $750,295,665.
- The combined performance of USCI and CPER resulted in a significant net income for the Trust.
Negatives
- CPER experienced an unrealized loss on the market value of commodity futures (-$4,734,352).
- CPER also reported a realized loss on swap contracts (-$841,725).
- USCI had a minor realized trading loss on short-term investments (-$354).
Risks
- Unrealized losses on commodity futures and realized losses on swap contracts for CPER indicate market volatility and potential downside risk.
- The reliance on commodity futures trading inherently carries market risk, as seen in the unrealized losses.
Future Outlook
The filing consists of monthly account statements and does not contain specific forward-looking statements or guidance beyond the reported period.
Management Comments
- Stuart P. Crumbaugh, Chief Financial Officer, represents that, to the best of his knowledge and belief, the information contained in the Account Statements for the month ended August 31, 2026 is accurate and complete.
Industry Context
StockSavvy.ai notes that this filing reflects the performance of commodity-focused index funds, which are sensitive to fluctuations in commodity prices and broader market sentiment. The strong gains in August 2026 suggest a favorable trading environment for commodities during that period.
Stakeholder Impact
- Shareholders of USCI and CPER will see the impact of the reported net income and changes in net asset value on their investment holdings.
- The additions of shares indicate investor confidence and capital inflow into the funds.
Next Steps
- The Registrant will continue to issue monthly account statements as required by the Commodity Exchange Act.
- Information can be found on the USCIs and CPERs website at www.uscfinvestments.com.
Key Dates
| Date | Description |
|---|---|
| 2026-08-01 | Beginning of month for Net Asset Value calculation for USCI and CPER. |
| 2026-08-31 | End of month for account statements for USCI and CPER. |
| 2026-09-29 | Date of the Form 8-K filing and the earliest event reported. |
Keywords
Commodity Futures, Index Fund, Copper Index, Account Statement, Net Asset Value, Trading Gains, Commodity Exchange Act, SEC Filing
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