other_material
confidence high
sentiment negative
materiality 0.50
Trust posts July net loss of $23.3M; USCI net income $3.7M, CPER net loss $27M
United States Commodity Index Funds Trust
- USCI net income $3.7M; NAV per share $74.41 on 3.35M shares.
- CPER net loss $27M driven by $30.4M unrealized loss on copper futures; NAV $27.12/share.
- Combined net loss $23.3M; total NAV $469M at month-end.
- USCI had 50K shares added, CPER had 1.75M shares added and 500K withdrawn.
item 7.01item 9.01