8-K: Commodity Funds Post Strong July Performance

United States Commodity Index Funds Trust reports robust gains for USCI and CPER in July 2026, driven by significant trading profits and increasing net asset values.

Summary

• The United States Commodity Index Funds Trust has released its monthly account statements for July 2026 for its series, the United States Commodity Index Fund (USCI) and the United States Copper Index Fund (CPER).
• Both funds experienced substantial net income for the month, primarily driven by realized and unrealized gains on commodity futures.
• USCI reported a net income of $31,987,524, with total income reaching $32,295,346.
• CPER reported a net income of $27,590,751, with total income reaching $28,142,506.
• The total net asset value for USCI increased to $369,384,403, and for CPER, it increased to $732,117,662.
• The overall Trust's net income for July 2026 was $59,578,275, with total income at $60,437,852.
• The Trust's total net asset value grew to $1,101,502,065 by the end of July 2026.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a positive filing, reflecting strong performance in commodity futures trading and overall growth in net asset value for both the USCI and CPER funds.

Positives

• Significant realized and unrealized trading gains in commodity futures for both USCI ($20,931,326 realized, $10,279,809 unrealized) and CPER ($1,778,350 realized, $24,144,781 unrealized).
• USCI's net asset value per share increased to $101.20.
• CPER's net asset value per share increased to $39.15.
• Overall growth in net asset value for both funds and the Trust.
• Interest and dividend income contributed positively to the total income for all series.

Negatives

• Withdrawals from CPER totaling $62,500,982 impacted its net asset value.
• Expenses, including management fees, professional fees, and brokerage commissions, were incurred by all funds.

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 July 31, 2026, is accurate and complete.

Industry Context

StockSavvy.ai notes that this filing reflects the performance of commodity-linked index funds, which are sensitive to fluctuations in commodity prices and market volatility. The strong gains in futures trading suggest a favorable market environment for commodities during July 2026.

Stakeholder Impact

• Shareholders of USCI and CPER are likely to see an increase in the net asset value of their holdings due to the strong performance reported for July 2026.
• The sponsor, United States Commodity Funds LLC, benefits from management fees and the overall growth of the funds under its management.

Key Dates

Keywords

Commodity Futures, Index Fund, Account Statement, Trading Gains, Net Asset Value, Commodity Exchange Act, USCI, CPER