other material
confidence high
sentiment neutral
materiality 0.50
USCI NAV per share $56.34 (up 0.2% YoY), CPER NAV $24.10 (up 4.5% YoY) in FY2023 filings
United States Commodity Index Funds Trust
- USCI net assets fell 34% to $169M as shares outstanding dropped from 4.55M to 3.0M.
- CPER net assets fell 23% to $131M as shares outstanding dropped from 7.35M to 5.45M.
- USCI reported $3.3M unrealized loss on futures contracts at Dec 31, 2023, vs $9.4M gain a year earlier.
- New auditor Cohen & Company replaced prior auditor for the 2023 annual statements.
- Both funds slightly increased NAV per share despite lower total assets and redemptions.