other material
confidence high
sentiment neutral
materiality 0.50
USCF sponsor's 2024 audited financials: total assets $7.1M, member equity $5.3M
United States Commodity Index Funds Trust
- Total assets decreased 18% to $7.13M from $8.69M in 2023.
- Member's equity fell to $5.28M from $6.22M in 2023.
- Cash and investments combined $4.60M vs $6.42M; management fees receivable down 15% to $1.23M.
- Expense waivers payable for UNL eliminated after termination May 1, 2024 (was $168k in 2023).
- Operating lease extended through Mar 2028; Optimum Strategies litigation contingency disclosed but not deemed material.