secwatch.observer — SEC 8-K summary
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Issuer:     United States Commodity Index Funds Trust (USCI)
CIK:        0001479247
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001171200-24-000107
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCI NAV per share $56.34 (up 0.2% YoY), CPER NAV $24.10 (up 4.5% YoY) in FY2023 filings
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479247/000117120024000107/0001171200-24-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479247/000117120024000107/i24094_uscift-8k.htm
  HTML page:      https://secwatch.observer/filing/0001171200-24-000107

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