In a recent regulatory disclosure today, United States Commodity Index Funds Trust, which includes United States Commodity Index Fund (NYSE Arca:USCI) and United States Index Fund (NYSE Arca:CPER), released its monthly account statements for September 2024. The statements, furnished as part of a Form 8-K filing with the Securities and Exchange Commission, detail the performance of the funds including income, losses, and changes in net asset value for the month ended September 30, 2024.
The report, prepared in compliance with Rule 4.22 under the Commodity Exchange Act, is publicly accessible on the funds’ website at www.uscfinvestments.com. The provided financial information is not considered filed under Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in any filing under the Securities Act of 1933, except as explicitly referenced in such filings.
The United States Commodity Index Funds Trust is based in Walnut Creek, California, and operates under the fiscal year ending December 31. The trust is managed by United States Commodity Funds LLC, with Stuart P. Crumbaugh serving as Chief Financial Officer. This latest financial disclosure is intended to keep investors informed of the funds’ monthly financial status and is based on the statements provided in the SEC filing.
In other recent news, United States Commodity Index Funds Trust, which includes United States Commodity Index Fund and United States Copper Index Fund, has been consistent in disclosing their monthly financial statements. These reports, mandated by Rule 4.22 under the Commodity Exchange Act, provide a detailed account of the funds’ income, expenses, and changes in net asset value, ensuring transparency for investors. The financial information for the months of May, June, July, and August 2024, have been made available on the USCI and CPER websites.
The Trust, managed by United States Commodity Funds LLC, operates under Delaware jurisdiction. Notably, the financial details presented in the statements are not “filed” under Section 18 of the Securities Exchange Act of 1934, nor are they incorporated by reference in any filings under the Securities Act of 1933, unless explicitly stated in such filings.
The United States Commodity Index Funds Trust emphasizes that the disclosed information should not be interpreted as subject to the liabilities of the Securities Exchange Act of 1934. Moreover, although the provided information offers insights into the funds’ recent performance, it should not be taken as indicative of future trends. These are recent developments in the ongoing operations of the United States Commodity Index Funds Trust.
InvestingPro Insights
To complement the recent regulatory disclosure by United States Commodity Index Funds Trust, InvestingPro data offers additional insights into the United States Commodity Index Fund (USCI). As of the latest available data, USCI’s market capitalization stands at $179.6 million, reflecting its position in the commodity index fund space.
The fund has shown resilience in the current market environment, with a year-to-date price total return of 10.04%. This positive performance suggests that USCI has navigated the commodity markets effectively in 2024, potentially benefiting from diversification across various commodity sectors.
InvestingPro Tips highlight that USCI generally trades with low price volatility, which may appeal to investors seeking more stable commodity exposure. However, it’s noted that the fund does not pay a dividend to shareholders, which is an important consideration for income-focused investors.
For those interested in a deeper analysis, InvestingPro offers 3 additional tips that could provide further insights into USCI’s investment profile and market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.