8-K: United States Commodity Index Funds Trust Reports Monthly Account Statements for January 2025

United States Commodity Index Funds Trust releases monthly account statements for January 31, 2025, showcasing financial performance for its commodity and copper index funds.

Summary

• United States Commodity Index Funds Trust released its monthly account statements for January 31, 2025.
• The statements cover the United States Commodity Index Fund (USCI) and the United States Copper Index Fund (CPER).
• USCI reported a net income of $8,145,849 and a net asset value of $203,122,544, with a net asset value per share of $68.86.
• CPER reported a net income of $9,467,271 and a net asset value of $153,403,959, with a net asset value per share of $26.91.
• The total net income for the United States Commodity Index Funds Trust was $17,613,120 and a net asset value of $356,526,503.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The funds show positive net income and increased net asset value, but there are no significant forward-looking statements or indications of exceptional performance.

Positives

• Both USCI and CPER generated positive net income for the month of January 2025.
• The net asset value of both funds increased during the month.
• USCI's realized trading gain on commodity futures was $13,302,138.
• CPER's unrealized gain on market value of commodity futures was $9,014,400.

Negatives

• USCI experienced an unrealized loss on the market value of commodity futures of $5,687,175.

Management Comments

• Stuart P. Crumbaugh, Chief Financial Officer of United States Commodity Funds LLC, represents that the information in the account statements is accurate and complete to the best of his knowledge and belief.

Industry Context

This announcement provides insight into the performance of commodity and copper-focused investment products, reflecting broader trends in commodity markets and investor sentiment towards these asset classes. Investors often use these funds to gain exposure to commodities without directly trading futures contracts.

Comparison to Industry Standards

• It's difficult to provide a precise comparison without knowing the specific benchmarks and strategies of USCI and CPER.
• However, similar commodity ETFs like the Invesco DB Commodity Index Tracking Fund (DBC) and copper ETFs like the Global X Copper Miners ETF (COPX) can be used as a general reference point.
• Comparing the net asset value growth and expense ratios against these benchmarks would provide a better understanding of USCI and CPER's relative performance.

Stakeholder Impact

• Shareholders will be interested in the performance of the funds as reflected in the monthly account statements.
• The information provides transparency regarding the funds' financial activities.

Key Dates