secwatch.observer — SEC 8-K summary
======================================

Issuer:     United States Commodity Index Funds Trust (USCI)
CIK:        0001479247
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001104659-24-040256
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCI and CPER report net losses for February 2024; NAV per share declines
-------------------------------------------------------------------------

- USCI net loss of $1.97M; NAV per share fell from $59.33 to $57.56 on 2.75M shares.
- CPER net loss of $2.28M; NAV per share dropped from $25.01 to $23.92 on 5.25M shares.
- Combined trust net loss of $4.25M; total NAV declined to $283.87M from $294.46M.
- USCI had a 50,000-share withdrawal; CPER had 150,000 shares added and 300,000 withdrawn.
- Losses driven by unrealized losses on commodity futures of $5.44M across funds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479247/000110465924040256/0001104659-24-040256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479247/000110465924040256/tm248771d7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-040256

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer