8-K: United States Commodity Index Funds Trust Reports Strong June 2025 Performance

United States Commodity Index Funds Trust and its series, USCI and CPER, reported significant net income and increased Net Asset Value for the month ended June 30, 2025, driven by strong commodity trading gains.

Summary

• United States Commodity Index Fund (USCI) reported a net income of $12,173,653 for June 2025.
• USCI's Net Asset Value (NAV) increased to $241,744,927 by month-end, with NAV per share at $73.26 based on 3,300,000 shares.
• United States Copper Index Fund (CPER) achieved a net income of $13,935,260 for June 2025.
• CPER's NAV grew to $215,529,269, with NAV per share at $31.46 based on 6,850,000 shares.
• The consolidated United States Commodity Index Funds Trust reported a total net income of $26,108,913 for the month.
• The Trust's consolidated NAV reached $457,274,196 at the end of June 2025.
• Both funds experienced substantial realized and unrealized gains on commodity futures trading, contributing significantly to their income.

Sentiment

Score: 8

Explanation: The filing reports strong positive financial results for both funds and the consolidated trust, with significant net income and increases in Net Asset Value driven by commodity trading gains. This indicates robust performance for the reporting period.

Positives

• USCI reported a net income of $12,173,653 for June 2025.
• USCI's Net Asset Value increased from $225,774,432 at the beginning of June to $241,744,927 by month-end.
• USCI recorded significant realized trading gains on commodity futures of $5,391,190 and unrealized gains of $6,148,554.
• CPER reported a net income of $13,935,260 for June 2025.
• CPER's Net Asset Value increased from $172,495,275 at the beginning of June to $215,529,269 by month-end.
• CPER recorded substantial realized trading gains on commodity futures of $5,264,900 and unrealized gains of $8,152,336.
• The consolidated Trust achieved a total net income of $26,108,913.
• The consolidated Trust's Net Asset Value increased from $398,269,707 to $457,274,196.
• Both funds received additional capital through share additions: USCI with $3,796,842 (50,000 shares) and CPER with $29,098,734 (950,000 shares).

Future Outlook

No forward-looking statements or guidance are provided in this monthly financial report, which focuses on historical performance for the month ended June 30, 2025.

Management Comments

• To the best of my knowledge and belief, the information contained in the Account Statement for the month ended June 30, 2025 is accurate and complete. Stuart P. Crumbaugh, Chief Financial Officer of United States Commodity Funds LLC, Sponsor.

Industry Context

This filing reflects the monthly performance of specific commodity index funds. The strong realized and unrealized gains in commodity futures suggest a favorable market environment for the underlying commodities during June 2025, potentially indicating rising commodity prices or effective trading strategies within the sector.

Comparison to Industry Standards

• NA The filing does not provide information to compare performance against specific industry benchmarks or comparable companies.

Related Party Transactions

• Management Fees are paid to United States Commodity Funds LLC, which serves as the sponsor for the United States Commodity Index Funds Trust and its series, indicating a related party transaction.

Stakeholder Impact

• Shareholders of USCI and CPER benefit from the increased Net Asset Value and positive net income, reflecting growth in their investment.
• United States Commodity Funds LLC, as the sponsor, benefits from management fees based on the funds' assets, which increased during the period.

Key Dates

Recommendation

The filing demonstrates strong financial performance for both the United States Commodity Index Fund (USCI) and the United States Copper Index Fund (CPER) for June 2025, with significant net income and substantial increases in Net Asset Value driven by successful commodity futures trading. The positive gains and growth in assets under management suggest effective fund management and favorable market conditions for the underlying commodities. This strong performance indicates a positive outlook for investors seeking exposure to these commodity markets through these funds.

Keywords

Commodity Index Fund, Copper Index Fund, USCI, CPER, Net Asset Value, NAV, Commodity Futures, Trading Gains, Investment Performance, Monthly Report, SEC Filing, 8-K, Fund Performance, Commodity Exchange Act