United States Commodity Index Funds Trust Files 10-Q
Ticker: CPER · Form: 10-Q · Filed: Nov 8, 2024 · CIK: 1479247
Sentiment: neutral
Topics: 10-Q, commodity-funds, financial-reporting
TL;DR
**US Commodity Index Funds Trust 10-Q filed. Financials and operations detailed.**
AI Summary
United States Commodity Index Funds Trust filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the trust, which is involved in commodity index funds. Specific financial figures and operational details are presented within the report.
Why It Matters
This filing provides investors and market participants with crucial financial and operational information about the United States Commodity Index Funds Trust, impacting investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report (10-Q) and does not inherently indicate new or elevated risks.
Key Numbers
- 20240930 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
- 20241108 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- United States Commodity Index Funds Trust (company) — Filer of the 10-Q report
- 20240930 (date) — End of the reporting period
- 0001479247 (company) — Central Index Key for the filer
- Walnut Creek, CA (location) — Business and mailing address city and state
FAQ
What is the primary business of United States Commodity Index Funds Trust?
The filing indicates the company is involved with commodity index funds and lists '09 Crypto Assets' as an organization name, suggesting a focus or diversification into crypto-related assets.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending September 30, 2024.
When was this 10-Q report filed with the SEC?
This 10-Q report was filed on November 8, 2024.
Where is United States Commodity Index Funds Trust located?
The trust's business and mailing address is located at 1850 Mt. Diablo Blvd., Suite 640, Walnut Creek, CA 94596.
What is the SEC file number for United States Commodity Index Funds Trust?
The SEC file number for United States Commodity Index Funds Trust is 001-34833.
Filing Stats: 4,179 words · 17 min read · ~14 pages · Grade level 9.3 · Accepted 2024-11-08 12:49:46
Filing Documents
- usci-20240930x10q.htm (10-Q) — 2905KB
- usci-20240930xex31d1.htm (EX-31.1) — 9KB
- usci-20240930xex31d2.htm (EX-31.2) — 9KB
- usci-20240930xex32d1.htm (EX-32.1) — 6KB
- usci-20240930xex32d2.htm (EX-32.2) — 6KB
- usci-20240930x10q016.jpg (GRAPHIC) — 59KB
- usci-20240930x10q017.jpg (GRAPHIC) — 57KB
- usci-20240930x10q018.jpg (GRAPHIC) — 54KB
- usci-20240930x10q019.jpg (GRAPHIC) — 59KB
- usci-20240930x10q020.jpg (GRAPHIC) — 38KB
- usci-20240930x10q022.jpg (GRAPHIC) — 50KB
- usci-20240930x10q024.jpg (GRAPHIC) — 104KB
- usci-20240930x10q026.jpg (GRAPHIC) — 93KB
- usci-20240930x10q028.jpg (GRAPHIC) — 37KB
- usci-20240930x10q030.jpg (GRAPHIC) — 57KB
- usci-20240930x10q031.jpg (GRAPHIC) — 87KB
- usci-20240930x10q033.jpg (GRAPHIC) — 94KB
- 0001410578-24-001825.txt ( ) — 10186KB
- usci-20240930.xsd (EX-101.SCH) — 60KB
- usci-20240930_cal.xml (EX-101.CAL) — 26KB
- usci-20240930_def.xml (EX-101.DEF) — 225KB
- usci-20240930_lab.xml (EX-101.LAB) — 348KB
- usci-20240930_pre.xml (EX-101.PRE) — 280KB
- usci-20240930x10q_htm.xml (XML) — 1526KB
FINANCIAL INFORMATION
Part I. FINANCIAL INFORMATION Page
Condensed Financial Statements
Item 1. Condensed Financial Statements. 1
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. 34
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk. 73
Controls and Procedures
Item 4. Controls and Procedures. 74
OTHER INFORMATION
Part II. OTHER INFORMATION
Legal Proceedings
Item 1. Legal Proceedings. 75
Risk Factors
Item 1A. Risk Factors. 78
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 78
Defaults Upon Senior Securities
Item 3. Defaults Upon Senior Securities. 79
Mine Safety Disclosures
Item 4. Mine Safety Disclosures. 79
Other Information
Item 5. Other Information. 79
Exhibits
Item 6. Exhibits. 80 Table of Contents
FINANCIAL INFORMATION
Part I. FINANCIAL INFORMATION
Condensed Financial Statements
Item 1. Condensed Financial Statements. Index to Condensed Financial Statements Documents Page Condensed Statements of Financial Condition at September 30, 2024 (Unaudited) and December 31, 2023 2 - 4 Condensed Schedules of Investments (Unaudited) September 30, 2024 and December 31, 2023 5 - 10 Condensed Statements of Operations (Unaudited) for the three and nine months ended September 30, 2024 and 2023 11 - 13 Condensed Statements of Changes in Capital (Unaudited) for the three and nine months ended September 30, 2024 and 2023 14 - 16 Condensed Statements of Cash Flows (Unaudited) for the nine months ended September 30, 2024 and 2023 17 - 19 Notes to Condensed Financial Statements (Unaudited) for the period ended September 30, 2024 20 - 33 1 Table of Contents United States Commodity Index Funds Trust Condensed Statements of Financial Condition At September 30, 2024 (Unaudited) and December 31, 2023 United States Commodity Index Fund September 30, 2024 December 31, 2023 Assets Cash and cash equivalents (at cost $ 168,639,626 and $ 159,067,804 , respectively) (Notes 2 and 6) $ 168,639,626 $ 159,067,804 Equity in trading accounts: Cash and cash equivalents (at cost $ 7,322,772 and $ 13,041,505 , respectively) 7,322,772 13,041,505 Unrealized gain (loss) on open commodity futures contracts 4,750,528 ( 3,305,080 ) Dividends receivable 249,133 268,784 Interest receivable 261,585 333,401 Prepaid insurance 13,685 14,764 Total Assets $ 181,237,329 $ 169,421,178 Liabilities and Capital Management fees payable (Note 4) $ 115,473 $ 121,486 Professional fees payable 205,955 264,875 Brokerage commissions payable 3,955 3,955 Directors' fees payable 5,131 4,294 Total Liabilities 330,514 394,610 Commitments and Contingencies (Notes 4, 5 & 6) Capital Sponsor — — Shareholders 180,906,815 169,026,568 Total Capital 180,906,815 169,026,568 Total Liabiliti