other material
confidence high
sentiment negative
materiality 0.30
USCI and CPER July 2024 monthly statements: combined net loss $11.9M, NAV drops
United States Commodity Index Funds Trust
- USCI net loss of $3.39M; NAV per share $61.17, down from $63.41 on June 30.
- CPER net loss of $8.50M; NAV per share $26.17, down from $34.49 on June 30.
- Combined trust net loss of $11.89M; total NAV fell from $400.9M to $352.7M.
- USCI had net withdrawals of 50,000 shares ($3.1M); CPER 1.25M shares ($33.2M).
- Realized and unrealized trading losses were the main driver for both funds.