other material
confidence high
sentiment negative
materiality 0.40
USCI and CPER post May net losses of $8.9M and $8.1M; NAVs $52.04, $22.43
United States Commodity Index Funds Trust
- USCI net loss of $8.86M for May; NAV per share $52.04, down from prior month.
- CPER net loss of $8.05M; NAV per share $22.43, down from prior month.
- Combined trust net loss of $16.9M; NAV end of month $299.6M, down 10.8% from $335.8M.
- USCI realized trading gain $2.83M, unrealized loss $12.28M; CPER unrealized loss $8.32M.
- Both funds experienced shareholder withdrawals during May: USCI 300k shares, CPER 150k shares.