Quarterly ResultMay 8, 2026, 02:17 PM
United States Commodity Index Funds Trust Q1 Net Income $32.5M, Assets Up 39.6%
AI Summary
United States Commodity Index Funds Trust reported a net income of $32.5 million for the three months ended March 31, 2026, a decrease from $54.1 million in the prior year period. This was primarily due to a significant change from unrealized gains to losses on open commodity futures contracts. Despite the lower net income, total assets increased by 39.6% to $1.06 billion, and total capital grew by 44.4% to $1.06 billion, driven by substantial share additions. The United States Commodity Index Fund (USCI) saw net income rise to $64.7 million, while the United States Copper Index Fund (CPER) recorded a net loss of $32.2 million.
Key Highlights
- Consolidated Net Income for Q1 2026 was $32.5M, down from $54.1M in Q1 2025.
- Total Assets increased 39.6% to $1.06B at March 31, 2026, from $761.1M at Dec 31, 2025.
- Total Capital grew 44.4% to $1.06B at March 31, 2026, from $735.4M at Dec 31, 2025.
- Realized gain on closed commodity futures contracts rose to $78.1M in Q1 2026 from $19.3M in Q1 2025.
- Change in unrealized gain/loss on open commodity futures contracts shifted to a $(52.6M) loss in Q1 2026 from a $31.7M gain in Q1 2025.
- United States Commodity Index Fund (USCI) Net Income increased to $64.7M in Q1 2026 from $18.1M in Q1 2025.
- United States Copper Index Fund (CPER) recorded a Net Loss of $(32.2M) in Q1 2026, compared to a $36.0M net income in Q1 2025.
- Net cash from financing activities increased to $293.6M in Q1 2026 from $51.0M in Q1 2025.