other material
confidence high
sentiment neutral
materiality 0.30
United States Commodity Index Funds Trust reports Aug 2023 net loss of $6.5M; USCI profitable, CPER down
United States Commodity Index Funds Trust
- United States Commodity Index Funds Trust reports net loss of $6.5M for August 2023, with NAV ending at $339.0M.
- USCI posted net income of $989k; NAV per share $58.90 on 3.2M shares.
- CPER reported net loss of $7.5M; NAV per share $23.52 on 6.4M shares.
- Combined net asset value rose from $323.8M to $339.0M despite the loss due to net share creations.
- Monthly account statements furnished under CFTC Rule 4.22 for both funds.